RETAIL UNIT - TO LET - 40 BANK STREET, NEWQUAY TR7 1AX
New FRI lease for a term to be agreed - Rent £27,500 per annum
Retail unit situated at the corner of Bank Street and Cheltenham Place and comprising end of terrace building arranged on three floors.
Newquay is located on the North Cornwall coast and is one of the most popular holiday resorts and surfing centres within the Country. The town has a resident population of 20,342 (2011 Census) which increases significantly during the tourist season. A large amount of residential development on the edge of the town is also underway which will increase the resident population. The town has a good range of national, regional and local retailers, banks, restaurants and public houses.
The property is situated at the corner of Bank Street and Cheltenham Place at the edge of the pedestrianised section of Bank Street. The property occupies a prime retailing position and nearby occupiers include Costa Coffee, Specsavers, Superdry Clothing and W H Smith.
The property comprises an end of terrace building arranged on three floors. The ground floor has a shop front facing Bank Street and a return frontage onto Cheltenham Place. The ground floor comprises a retail unit with a raised sales area to the rear and a small ground floor store. The first floor comprises a storage area, kitchen/staff room and toilet. The second floor comprises four rooms and a toilet.
ACCOMMODATION: (all dimensions and areas are approximate)
Internal width 6.30 m
Shop depth 13.10 m
Sales area 72.68 m≤
Store 11.06 m≤
Store/staff 65.52 m≤
Stores 55.76 m≤
The property is available on a new full repairing and insuring lease for a term to be agreed.
£27,500 per annum.
Rateable Value - £31,500 (2017 List)
We understand that the property is not registered for VAT.
We understand the property is connected to mains water, mains electricity and mains drainage. Ceiling mounted air conditioning units are fitted in the ground floor shop. A fire alarm is fitted. We have not tested the services connected to the property and the ingoing tenant should carry out their own inspections.
The ingoing tenant will be responsible for the landlordís reasonable legal costs incurred in the preparation and execution of the lease.
ENERGY PREFORMANCE CERTIFICATE:
THIS PROPERTY HAS A RATING OF 75
Certificate Reference Number: 0270-1927-0378-1110-6010
Report Reference Number: 9111-4017-0287-0600-1721
MONEY LAUNDERING REGULATIONS:
In line with The Money Laundering Regulations 2017, Charterwood are obliged to verify ID for all clients and prospective purchasers and tenants that are conducting property transactions through the Company.
By appointment through sole agent Charterwood on (01872) 261216.
Contact Stuart Sly or Rosie Brenton.
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