Summary - WARRENS BAKERY, 77, FORE STREET TR15 2BL
1 bed 1 bath Commercial Development
**Standout Features:**
- Mixed-use property: Shop, office, and two residential flats
- Prime central location on Fore Street, near car park and mainline railway station
- Freehold tenure with a total area of 2,247 sq ft across three stories
- Current tenants include Warrens Bakery and Hideaway Cafe
- Residential flats on the second floor require modernization
**Potential Concerns:**
- Only two years left on the lease, possibly affecting mortgage options
- Requires renovation for flats to reach full potential
This substantial three-storey mixed-use property presents a remarkable investment opportunity in central Redruth. Comprising a bakery and cafe on the ground and first floors, it boasts high ceilings and Victorian architecture that charm passersby. The second floor hosts two residential flats, one of which features two bedrooms, both of which are in need of modernisation. The building’s location ensures strong foot traffic and accessibility, making it ideal for commercial pursuits while providing potential rental income from the flats above.
However, with only two years remaining on the current lease, potential buyers should be aware that mortgage lenders may be hesitant to finance the purchase, which could limit options. The need for renovations in the residential units could also require additional investment. For investors or developers seeking a mixed-use property with flexibility for future enhancements, action is essential—opportunities like this in prime locations often vanish quickly. Envision the possibilities of revitalizing this space into a thriving hub, creating both residential comfort and commercial appeal.
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