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Coffee Tavern 5 Alma Pl 1,960 SF Retail Building Redruth TR15 2AT $190,193 ($97.04/SF)

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INVESTMENT HIGHLIGHTS

  • Freehold Redruth commercial property
  • Centrally located in Redruth town centre with excellent access to buses, rail links, and nearby parking
  • Mixed-use potential, accommodation on three levels, suitable for owner-occupiers, investors, or developers
  • Historic Grade II Listed Gothic-style building with a distinctive corner tower, built in 1879–1880 by noted Cornish architect, James Hicks
  • Former catering uses now with full vacant possession
  • Development prospects, subject to the necessary consents

EXECUTIVE SUMMARY

The building is offered with vacant possession and presents an excellent freehold opportunity. Its mixed-use potential makes it suitable for a variety of occupiers, whether for owner occupation, investment, or redevelopment (subject to the necessary consents). Guide price £142,500 for the freehold.
5 Alma Place is a prominent Grade II Listed Gothic-style building in the heart of Redruth town centre, designed by Cornish architect, James Hicks, and constructed in 1879–1880. The property is noted for its striking architectural features, including a distinctive corner tower. It was originally named the Lamb & Flag Coffee Tavern, built as part of the temperance movement; in more recent years used as a catering premises and now offered with full vacant possession.
Benefiting from large glazed windows to Alma Place, the property features a central ground floor entrance leading into a fitted space complete with serving counter and extraction hood, ideal for food and beverage operations. A staircase provides access to the basement level (not shown in the photographs) which benefits from a side entrance. The first floor is accessed via the stairs to the side with a separate external door and offers additional functional space, including a further seating or event area and two WCs.
The property is situated within Redruth’s town centre. Redruth is found in a central position within west Cornwall. Of great historic significance as the centre of the Cornish mining district, it now forms part of Cornwall’s most populated areas with its neighbouring towns of Pool and Camborne. The county’s north coast beaches are found approximately 5 miles to the north, Truro 10 miles to the east, Falmouth and the south coast 10 miles to the south.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,960 SF
Building Class
B
Year Built
1880
Price
$190,193
Price Per SF
$97.04
Tenancy
Single
Building Height
3 Stories
Building FAR
1.88
Lot Size
0.02 AC
Frontage
42’ on Alma Place

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Co-op
Iceland
Barclays
Morrisons
Tesco Superstore
  • Listing ID: 37497997

  • Date on Market: 9/1/2025

  • Last Updated:

  • Address: 5 Alma Pl, Redruth TR15 2AT

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