The freehold of two commercial units in Redruth town centre has sold for £63,000.

On Alma Place and Market Strand, both units are already let to tenants – together returning a total of £8,400 per annum.

The freehold was among 165 lots in the latest sale by Clive Emson Land and Property Auctioneers.

Senior Auction Appraiser Katie Semmens said: “This freehold dual component commercial investment opportunity was sold with the benefit of existing tenants. The new owner has acquired a great investment for their portfolio.”

Meanwhile, in nearby Penryn, a large period house comprising five self-contained flats went for £250,000 freehold.

The building in Broad Street has three flats with one bedroom each and two flats with two bedrooms.

Katie said: “This large period property has the potential to become a lucrative rental investment for its new owner or be placed on the market for resale post works.”

Bidding at the next auction by Clive Emson Auctioneers, the sixth this year, is live from September 16, concluding 48 hours later. The deadline for lot entries is August 27, with the catalogue live on August 31.

Fore more details, visit: www.cliveemson.co.uk