CHARTERWOOD
Chartered Surveyors & Commercial Property Consultants


Penzance

RETAIL PREMISES WITH TWO BED APARTMENT TO LET - 49 QUEEN STREET

RETAIL PREMISES WITH TWO BED APARTMENT TO LET - 49 QUEEN STREET
New FRI lease available for a term to be agreed at £6,500 per annum.

Ref: 2993
  

The building is arranged on three floors and comprises a ground floor shop with two floors above.

LOCATION:
Penzance lies at the western end of the Cornish peninsula facing on to Mount’s Bay on the south coast of Cornwall. The town is the principal retailing centre in the district previously known as Penwith and is a relatively busy commercial centre accommodating the Council offices and Magistrates Courts. Communications from Penzance are good with a direct link on to the A30 which forms the arterial road into and out of the County, linking with the M5 at Exeter. The town also has an Intercity Railway station providing a regular service to Paddington, London.

SITUATION:
The property lies towards the top of Queen Street, close to the junction with Chapel Street and a short distance from the town’s prime retailing area.

DESCRIPTION:
The building is arranged on three floors and comprises a ground floor shop with adjacent kitchen and small storage area. Stairs lead to the first and second floor residential apartment. Formerly office premises, the upper floors have been rearranged to provide a kitchen with basic units at ground floor, a large lounge and bathroom at first floor and two bedrooms at second floor level. The apartment would ideally suit a business owner or could act as manager/staff accommodation. Sole access to the apartment is through the shop. Alternatively, the upper floors could again be used as office accommodation.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground Floor
Sales area - 22.92m² (247 ft²)
Storage - 2.09m² ( 22 ft²)
Kitchen - 5.13m² ( 55 ft²)

First Floor
Lounge - 4.76m x 4.73m (20.30m²)
Bathroom

Second Floor
Bedroom 1 - 2.38m x 4.15m ( 9.88m²)
Bedroom 2 - 2.29m x 3.10m ( 7.10m²)

TERMS:
The premises are available, as a whole only, on a new full repairing and insuring lease, for a term to be agreed.

RENT:
£6,500 per annum.

RATES:
Rateable Value £3,250 (2010 List)
Council Tax Band A

For further information regarding rates payable and eligibility for small business relief on the shop only, contact Cornwall Council - Tel: 0300 1234100.

VAT:
All figures quoted are exclusive of VAT where applicable.

SERVICES:
We understand that mains water, electricity and drainage are connected to the premises. We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.

PLANNING:
Interested parties should satisfy themselves that their proposed use complies with the existing planning consent.

COSTS:
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the preparation and execution of the lease.

VIEWING:
Strictly by appointment with Sole Agent Charterwood on (01872) 261216.
Contact Stuart Sly or Chris Waters.


ENERGY EFFICIENCY RATING - F
Certificate Reference Number: 0940-0235-6219-1429-5006
Report Reference Number: 0290-4925-0415-6940-2010


RETAIL PREMISES WITH TWO BED APARTMENT TO LET - 49 QUEEN STREET


www.charterwood.com
17a River Street - Truro - Cornwall - UK - TR1 2SQ
Tel: 01872 261216
Fax: 01872 261359