Guide price
£180,000
Retail premises for sale55 And 55A Castle Street And, 22 And 22A River Street, Truro, Cornwall TR1
Just added
Auction
Freehold
About this property
For sale by auction on Wednesday, 09 Dec 2026 at 11:00
Venue: Live Stream
Mixed Use Investment
Mixed use investment property, situated in Truro, comprising two retail premises and a two bedroom flat. The location offers convenient access to the city centre, with a range of shops, amenities and transport links nearby.
The commercial premises currently generate a combined rental income of £16,980 per annum, with the flat producing a further £10,200 per annum, giving a total annual rental income of £27,180. Based on the total annual rental income, the property offers an approximate gross yield of 15%, calculated against the starting figure of the guide price band.
Auctioneers note
The freehold interests in 55 and 55A Castle Street and 22 and 22A River Street are being offered for sale, together with the leasehold interests in 55A Castle Street and 22 River Street. Please note that 22A River Street leasehold is excluded from the sale, as it is separately owned.
Accommodation
Retail unit
Shop Front: 4.33m x 3.75m
Shop: 3.88m x 3.11m
Retail unit
Ground Floor
Shop Front: 4.79m x 4.49m
First Floor
Office: 3.61m x 3.31m
WC
flat
Kitchen: 7.74m x 4.88m
Living Room: 5.32m x 3.66m
Bedroom: 4.18m x 3.69m
Bedroom: 3.01m x 2.39m
Shower Room
full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.
Viewings
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.
Notice to bidder
Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
EPC Rating: Flat: E45 Shop: D77 Shop: E112
Additional Fees
Buyers Premium: £600 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides 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. Each 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Live Stream
Mixed Use Investment
Mixed use investment property, situated in Truro, comprising two retail premises and a two bedroom flat. The location offers convenient access to the city centre, with a range of shops, amenities and transport links nearby.
The commercial premises currently generate a combined rental income of £16,980 per annum, with the flat producing a further £10,200 per annum, giving a total annual rental income of £27,180. Based on the total annual rental income, the property offers an approximate gross yield of 15%, calculated against the starting figure of the guide price band.
Auctioneers note
The freehold interests in 55 and 55A Castle Street and 22 and 22A River Street are being offered for sale, together with the leasehold interests in 55A Castle Street and 22 River Street. Please note that 22A River Street leasehold is excluded from the sale, as it is separately owned.
Accommodation
Retail unit
Shop Front: 4.33m x 3.75m
Shop: 3.88m x 3.11m
Retail unit
Ground Floor
Shop Front: 4.79m x 4.49m
First Floor
Office: 3.61m x 3.31m
WC
flat
Kitchen: 7.74m x 4.88m
Living Room: 5.32m x 3.66m
Bedroom: 4.18m x 3.69m
Bedroom: 3.01m x 2.39m
Shower Room
full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.
Viewings
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.
Notice to bidder
Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
EPC Rating: Flat: E45 Shop: D77 Shop: E112
Additional Fees
Buyers Premium: £600 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides 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. Each 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Mortgage calculator
Monthly repayment
£900 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}