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WELL PRESENTED GROND FLOOR RETAIL - 6 TREGENNA PLACE, ST IVES TR26 1SE
Proportional FRI lease (lease flexible subject to a minimum of 3 years) at a rent of £12,500 pa. |
Well presented ground floor retail shop situated on Tregenna Hill just a short walk from the harbour and seafront. Property presented in excellent condition.
LOCATION:
St Ives is one of the most characterful and busiest resorts in the south west. The quaint harbour town is extremely popular during the summer season but also benefits from tourist trade throughout the year due largely to the Tate Gallery and its links with the artist community. The town is highly sought after by National, Regional and Local retailers and there are numerous respected restaurants, bistros and cafes.
SITUATION:
The property is situated at 6 Tregenna Hill in St Ives, just a short walk from the town’s renowned Harbour and seafront. Tregenna Hill is a vibrant and well-connected street, featuring a diverse range of retail outlets, restaurants, and office spaces. The area is predominantly home to local businesses, with a few national brands, including a busy Co-op convenience store, among the nearby occupiers.
DESCRIPTION:
The retail unit, previously used as a dog grooming business, offers flexibility for both retail and office purposes. The property presented in excellent condition with painted walls and laminate flooring features a spacious kitchenette, complete with a sink, counter, and storage space, perfect for staff or small business needs.
Additionally, a toilet is located at the rear, providing convenient facilities. The bright, clean interiors offer ample natural light, enhanced by the the internal tracked spotlight tracking system creating an ideal working or retail environment. The unit also benefits from a central location, with a large front window and good visibility from the street.
ACCOMMODATION: (All dimensions and areas are approximate)
Internal frontage 2.81 m
Depth – main sales 9.45 m (13.1 m) including rear wash area)
Total Sales Area (including wash area) 38.60 m² (416 ft²)
Total Sales Area in terms of Zone A 27.00 m² (291 ft²)
Toilet facility – WC and wash hand basin
LEASE TERMS:
The property is offered by means of a new lease, within the Landlord and Tenant Act with security of tenure, on proportional full repairing and insuring terms. Length of lease flexible subject to a mminimum of 3 years.
RENT:
The lease is offered at a rent of £12,500 per annum.
BUSINESS RATES:
Rateable Value £10,500 (1st April 2023 to present).
Occupiers can therefore potentially qualify for Small Business Rate Relief, subject to eligibility. For further information regarding rates payable and eligibility for small business relief contact Cornwall Council. Tel: 0300 1234171.
VAT:
We understand that VAT is not payable on the rent.
SERVICES:
We have not tested the services connected to the premises and the ingoing purchaser should carry out their own inspections.
PLANNING:
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves
that consent exists for the proposed use.
LEGAL COSTS:
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the preparation and execution of the lease.
MONEY LAUNDERING REGULATIONS:
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all clients that are conducting property transactions through the Company.
ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF B (38)
Certificate Reference Number: 9738-7058-6123-5688-3243
Report Reference Number: 4694-2455-2873-1383-2047
VIEWING:
Viewing arrangements may be made through sole agents Charterwood on (01872) 261216.
Contact Chris Waters – chris@charterwood.com
or Rosie Brenton – rosie@charterwood.com
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