Truro

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GROUND FLOOR RETAIL/RESTAURANT PREMISES, STEPHENSON HOUSE,47/49 CALENICK STREET, TRURO

New proportional FRI lease for term to be agreed - Rent £25,000 pa exclusive of VAT.

Ground floor premises laid out to provide open plan bar and restaurant with kitchen situated on Calenick Street a central location within the city and close to one of the main pay and display multi-storey car parks.

LOCATION:
Truro is the principal retail and administrative centre for Cornwall with a resident population of approximately 21,560 and an estimated retail catchment in excess of 75,000. This population is increased considerably during the summer months due to the large influx of tourists. Calenick Street is located off Victoria Square in a central location within the city and close to one of the main pay and display multi-storey car parks.

SITUATION:
Calenick Street has a range of well established independent businesses including Clive Mitchell Cycles, Truro Fabrics and several takeaway food outlets. Other nearby occupiers include Betfred, Burger King and Anytime Fitness.

DESCRIPTION:
The ground floor premises has a large shopfront and is laid out to provide an open plan bar and restaurant with a kitchen and toilet to the rear. The premises would suit other uses including retail, financial services, medical or health use or office.

ACCOMMODATION: (All dimensions and areas are approximate)
Internal width 14.24 m
Shop depth 12.77 m
Gross internal area 182.27 m² (1,961 ft²)

RENT:
£25,000 per annum exclusive plus VAT.

LEASE:
A new proportional full repairing lease is offered for a term to be agreed. A service charge will be payable in respect of the insurance and external maintenance.

BUSINESS RATES:
Rateable Value £28,000 (2017 list).
Cornwall Council are the charging authority and enquiries regarding the rates payable should be made with them - Tel: 0300 1234171.

VAT:
We understand that the property is registered for VAT which will be payable on the rent and service charge.

SERVICES:
Mains electricity, metered water and drainage are connected.
We have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.

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

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

VIEWING:
By appointment through Charterwood on (01872) 261216 contact Stuart Sly email: stuart@charterwood.com or Rosie Brenton email: rosie@charterwood.com; or joint agent Miller Commercial on (01872) 247000 contact Tom Smith.

MONEY LAUNDERING REGULATIONS
In line with The Money Laundering Regulations 2017, Charterwood are obliged to verify ID for all individuals and businesses that are conducting property transactions through the Company.

ENERGY PERFORMANCE CERTIFICATE:
ENERGY EFFICIENCY RATING: 38 (BAND B)

Certificate Reference Number: 5270-2008-3515-6649-8588
Report Reference Number: 0904-9831-4329-2497-8179

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