Summary - 71, TRELOWARREN STREET TR14 8AL
1 bed 1 bath Commercial Development
**Standout Features:**
- **Freehold Investment**: Currently let ground floor retail space generating £9,000 per annum
- **Development Potential**: Rear area suitable for conversion into residential flats (subject to planning permissions)
- **Substantial Size**: Total floor area of 2,696 Sq Ft
- **Energy Performance Rating**: 'C' (57), indicating relatively efficient energy use
- **Excellent Location**: Central position with ample foot traffic and nearby amenities
**Concerns:**
- **Long Leasehold for Upper Flats**: The upper flats are sold off on a long leasehold, offering limited control
- **High Crime Rate in Local Area**: Consider the area's safety for business operations
- **Older Construction**: Built before 1900, which may raise considerations for maintenance and renovations
This commercial development on Trelowarren Street in Camborne presents a prime investment opportunity with immediate cash flow from the retail unit and substantial potential for future residential development. Offering an expansive layout with charming Victorian architectural features, this property could become a lucrative venture due to its central location surrounded by diverse amenities, making it appealing to potential renters or buyers.
The duplex structure allows for a flexible approach to renovation, enabling the savvy investor to explore possibilities for adding residential units to capitalize on the pressing demand for housing in the area. Although the existing upper flats are on a long leasehold, the current setup offers security with a stable tenant, ensuring a return on investment while planning for potential future gains.
Despite some concerns such as the local crime rate and the age of the construction, the incredible location and development versatility make this a unique and attractive opportunity. Don't miss out on the chance to invest in this diverse property with promising potential for both commercial and residential growth!
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