Commercial Property in TR16 available for sale
2

Commercial Properties for Sale near the TR16, Redruth

Explore the Latest TR16 Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the TR16, Redruth

More details for Wheal Ellen Mine, Truro Road, Mount Hawke - Land for Sale

Wheal Ellen Mine, Truro Road

Mount Hawke, TR4 8DJ

  • Land for Sale
  • £36,000
  • 0.38 ac Plot
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More details for Cardrew Way, Redruth - Industrial for Sale

Cardrew Industrial Estate - Cardrew Way

Redruth, TR15 1SS

  • Industrial for Sale
  • £1,600,000
  • 15,911 sq ft
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More details for 5 Alma Pl, Redruth - Retail for Sale

Coffee Tavern - 5 Alma Pl

Redruth, TR15 2AT

  • Retail for Sale
  • £142,500
  • 1,960 sq ft

Redruth Retail for Sale

The building is offered with vacant possession and presents an excellent freehold opportunity. Its mixed-use potential makes it suitable for a variety of occupiers, whether for owner occupation, investment, or redevelopment (subject to the necessary consents). Guide price £142,500 for the freehold. 5 Alma Place is a prominent Grade II Listed Gothic-style building in the heart of Redruth town centre, designed by Cornish architect, James Hicks, and constructed in 1879–1880. The property is noted for its striking architectural features, including a distinctive corner tower. It was originally named the Lamb & Flag Coffee Tavern, built as part of the temperance movement; in more recent years used as a catering premises and now offered with full vacant possession. Benefiting from large glazed windows to Alma Place, the property features a central ground floor entrance leading into a fitted space complete with serving counter and extraction hood, ideal for food and beverage operations. A staircase provides access to the basement level (not shown in the photographs) which benefits from a side entrance. The first floor is accessed via the stairs to the side with a separate external door and offers additional functional space, including a further seating or event area and two WCs. The property is situated within Redruth’s town centre. Redruth is found in a central position within west Cornwall. Of great historic significance as the centre of the Cornish mining district, it now forms part of Cornwall’s most populated areas with its neighbouring towns of Pool and Camborne. The county’s north coast beaches are found approximately 5 miles to the north, Truro 10 miles to the east, Falmouth and the south coast 10 miles to the south.

Contact:

Scott Burridge Commercial LLP

Property Subtype:

Shopfront

Date on Market:

01/09/2025

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More details for Chapel Road, Camborne - Retail for Sale

The Old Chapel - Chapel Road

Camborne, TR14 8QX

  • Retail for Sale
  • £1,600,000
  • 1,898 sq ft
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More details for A30 Byp, Camborne - Industrial for Sale

Tolvaddon Business Park - A30 Byp

Camborne, TR14 0HZ

  • Industrial for Sale
  • £205,000 - £250,000
  • 1,000 sq ft
  • 19 Units Available
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FAQs about Commercial Properties For Sale in TR16

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How many Commercial Property listings are available for sale in TR16?
There are currently 2 Commercial Properties available for sale near TR16. These TR16 Commercial Property listings have an average size of. The largest available listing in TR16 is. The thriving commercial centre and excellent transport links in TR16 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in TR16?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in TR16 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in TR16?
There is a diverse range of commercial properties available in TR16 to suit various business needs. TR16 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 2 TR16 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the TR16, Redruth

You searched for commercial property for sale in TR16. Explore 2 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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