Trengweath Hospital Site, Penryn Street, Redruth, Cornwall, TR15 2SP
Guide Price* : £150,000
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- Large Town Centre development opportunity
- Potential for 28 new homes (subject to planning)
- 2.38 acres (0.963 hectares)
The property comprises a large, Georgian building with several extensions and outbuildings and was formerly used as a hospital. The buildings lie within extensive grounds which in part previously allowed for parking of up to 40 cars.
The main hospital building comprises basement, ground and first floor accommodation. There is also a day care centre arranged across the ground floor and a Cottage arranged across ground and first floors.
We envisage the property would suit conversion/development to provide residential accommodation (subject to planning) and indicative drawings for schemes of up to 28 homes are available on request.
The total site area is 2.38 acres (0.963 hectares).
The property is located to the south west of Redruth, a large town in Cornwall nine miles to the west of Truro. To the east of the property is Fairfields Park, to the north east is St Rumons Social Club . The site is bound by the mainline railway to the south, Penryn Street to the east and West End Road to the north.
Redruth Railway Station is serviced by Great Western Railway providing connection to London Paddington, Penzance, Exeter St Davids and Plymouth.
Whilst there is no planning permission in place, the property is considered suitable for redevelopment to provide residential accommodation, and indicative drawings for several schemes are available upon request.
The property has received positive response to pre-application advice under application PA20/01828/PREAPP.
Cornwall Council - www.cornwall.gov.uk
The property is elected for VAT
|Address||Accommodation||Sq M||Sq Ft|
|Main Building||Ground Floor||605.5||6,518|
|Main Building||First Floor||560.6||6,034|
|Day Care Centre||Ground Floor||352.4||3,793|
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Sold for £451,000
This auction is now closed.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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Subject to Contract and Exclusive of VAT © Lambert Smith Hampton March 2021
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