Prime town centre residential development opportunity in Redruth, offering substantial upper floor space with strong conversion potential.
This freehold property comprises a large and well-presented first floor extending to 242 m² (2,604 ft²), previously used as retail sales space, along with additional storerooms, staff facilities, and kitchen area. The layout, combined with second floor toilet facilities and rear access, provides excellent scope for conversion into residential units, subject to planning permission.
Situated on Fore Street, Redruth’s main high street, the property benefits from a central location with strong footfall, on-street parking, and proximity to a range of national and independent retailers. The ground floor is occupied by Specsavers, with nearby occupiers including Superdrug, Iceland, and the Post Office, ensuring a vibrant and well-established commercial environment.
The property includes access to a rear loading bay and two allocated parking spaces, further enhancing its development appeal. The sale is offered subject to a long lease on the ground floor at a peppercorn rent, with an alternative option to acquire the entire freehold including the Specsavers investment, generating an income of £20,000 per annum.
This is a rare opportunity to secure a centrally located development asset within one of Cornwall’s key commercial hubs.
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