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WELL POSITIONED GROUND FLOOR RETAIL PREMISES TO LET - UNIT 1, 47 AYLMER SQUARE
Existing 9 year proportional FRI lease commencing 18th March 2008 with a rent at £15,000 p.a |
Centrally positioned property lies within Aylmer Square, opposite the newly developed White River Place shopping centre.
LOCATION:
St Austell is one of the largest market towns in Cornwall with a catchment population in the region of 60,000 persons. Truro is situated 16 miles to the west of the town while Plymouth lies 36 miles to the east. St Austell is on the main Intercity rail line, providing regular services to London Paddington. The nearby Eden Project and the continued popularity of the Lost Gardens of Heligan attract tourists nationally and internationally to the town and surrounding areas.
SITUATION:
The centrally positioned property lies within Aylmer Square, opposite the newly developed White River Place shopping centre and the Priory multi-storey pay and display car park. The subject property is adjacent to Argos, with the White River Cinema, Frankie & Benny’s restaurant, TK Maxx, Costa, Boots and Poundland all being in close proximity within the central retailing square. Direct pedestrian access off Aylmer Square is provided to join Fore Street, where further national businesses along with local retailers are located.
DESCRIPTION:
The ground floor retail accommodation is open plan and of regular shape. Large, double display windows front direct on to the busy Aylmer Square and overlooking White River Place shopping centre. The premises are air conditioned and have a suspended ceiling within the sales area. Ancillary stores and staff facilities are situated to the rear of the premises, with the rear exit leading directly onto an allocated loading area. The loading bay is accessed off Trinity Street.
ACCOMMODATION: (All dimensions and areas are approximate)
Net internal width - 8.09m - (max)
Internal depth - 19.40m
Sales area - 80.86m² - (870 ft²)
Total stores - 19.63m² - (211 ft²)
Staff toilet facilities
TERMS:
Assignment of existing 9 year proportional full repairing and insuring lease commencing 18th March 2008. The passing rent is £15,000 per annum with a rent review on 18th March 2014. Alternatively a new sublease may be considered.
PREMIUM:
A premium is sought to reflect the air-conditioning unit and tenant fit out works.
BUSINESS RATES:
Rateable value £18,000 (2010 List)
For further information regarding rates payable and eligibility for small business relief contact
Cornwall Council – Tel: 0300 1234100
VAT:
All figures quoted are exclusive of VAT where applicable.
LEGAL COSTS:
The ingoing assignee will be responsible for the assignor’s reasonable legal costs incurred in the preparation and execution of the lease assignment documentation.
SERVICES:
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.
VIEWING:
Strictly by appointment with sole agents Charterwood on (01872) 261216.
Contact Chris Waters or Jo Counter.
ENERGY EFFICIENCY RATING - 63
Certificate Reference Number: 0920-6945-0357-4890-3004
Report Reference Number: 9640-4092-0475-0300-8595
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