Summary - 28, CROSS STREET TR14 8EX
1 bed 1 bath Retail Property (high street)
Small, income-producing Victorian shop with conversion potential and immediate yield.
- 7.94% reported yield on current income
- Long-term tenant in place until October 2026
- 648 sq ft across ground retail and first-floor storage/office
- Use Class E: retail or potential residential conversion (consents required)
- Potential damp issues and roof exposure noted
- Very high local crime and very deprived area classification
- Small plot with limited natural light and compact rooms
- Asking price £85,000, suited to hands-on investor
A compact high-street investment in central Camborne, offered with a long-term tenant and an advertised net yield of 7.94%. The two-storey Victorian-style building provides a ground-floor retail area and first-floor storage/office across 648 sq ft (approx. 60.2 sq m).
The property sits within Use Class E, allowing retail or potential conversion to residential subject to consents — a useful flexibility for owner-occupiers or hands-on investors. The current tenancy runs until October 2026, providing immediate rental income and a clear near-term income profile.
Buyers should factor in the local context: the area is classified as very deprived with very high crime rates, and the building shows some physical vulnerabilities listed in the description, including potential damp issues and roof exposure. The plot is very small and the interior space and natural light are limited, so tenant types and uses are constrained by size.
This is a straightforward, lower-price entry for investors seeking a cash-flowing, small-scale retail asset in a busy town centre. It will suit purchasers comfortable with some remedial maintenance and local area challenges, or those prepared to explore change-of-use and value-add refurbishment opportunities.
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