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See how verdicts workHouse · TR16 4QG
For saleListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location/Overview River Barns is a small business park located close to the coastal village of Portreath and affords easy access to the A30.
The site is home to a number of small businesses, many of whom, have been located on the site for several years.
There is ample staff and customer parking on site and River Barns is also just a short distance from the Devoran - Portreath Cycle way for those seeking to commute by bike.
Available Units & Rents Barn1 Office 1: £300 & vat per calendar month.
Approximately 130 sqft, located on the Ground Floor facing the entrance to the development Barn 3 Office 4: £250 & vat per calendar month.
Approximate GIA 95 sqft, located on the First Floor, accessed via the communal entrance. Barn 3 Office A: £600 & vat per calendar month.
The largest remaining unit on the development of approximately 500 sqft located on the First floor, with the benefit of a small storage cupboard and sink and drainer.
Each of the above units has the use of a communal kitchen area and toilets and will come with parking for at least 2 vehicles, in addition to which, there is ample customer/visitor parking.
The above units are available on 12 month renewable licences. Services Utilities are billed monthly by the site owner and vary dependent upon the building/unit in question.
For clarification please contact the letting agent.
Drainage: Mains Water: Mains Heating: Bottled Gas/Electric Electric: Mains (Metered) Internet: Each unit has access to WIFI on site at £40 & vat per month.
Legal Costs Each party to be responsible for their own legal costs. Business Rates We refer you to the government website Use Class E Restricted to use covered under categories (c), (d), (e), (f), (g)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Offices & Workshops To Rent, Nr Redruth, TR16 4QG
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