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WELL PRESENTED PROMINENT SHOP PREMISES TO LET - 1 CAUSEWAYHEAD, PENZANCE TR18 2SN
New lease on proportional FRI basis, for a term to be agreed, at a rent of £14,000 per annum. |
The property comprises an immaculately presented ground floor sales area with large glazed frontage and office to the rear. Additional accommodation is available at first floor and basement levels.
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 is situated at the commencement of Causewayhead, an extremely busy pedestrian area, and is in close proximity to Market Place and Market Jew Street. Causewayhead is a popular trading location, particularly during summer months, and has attracted a mixture of regional and local traders interspersed with national outlets with nearby occupiers including HSBC Bank and Rowes Bakery.
DESCRIPTION:
The property comprises immaculately presented ground floor sales area, with large glazed frontage, and office to the rear. Additional accommodation is available at first floor and basement levels. The first floor comprises two rooms, the larger of which is currently divided to provide two private rooms for office or storage uses, and a spacious toilet with wash hand basin.
ACCOMMODATION: (All dimensions and areas are approximate)
Ground Floor
Sales 28.31m² (305 ft²)
Office 5.66m² ( 61 ft²)
First Floor
Room 1 26.20 m² (282 ft²) currently divided
Room 2 14.45m² (155 ft²)
WC 7.64m² ( 82 ft²)
Basement
Meeting room 34.10m² (378 ft²)
SERVICES:
We understand that mains water, electricity and drainage are connected to the premises.
RATES:
Ground floor sales, basement and first floor office and stores:
Rateable Value £11,750 (2017 list)
For further information regarding rates payable contact Cornwall Council - Tel: 0300 1234100
LEASE:
The premises are available on a new lease on a proportional full repairing and insuring basis, for a term to be agreed, at a rent of £14,000 per annum.
VAT:
We understand that the property is not registered for VAT.
COSTS:
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the preparation and execution of the lease.
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.
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.
VIEWING:
Strictly by appointment with Sole Agent Charterwood on (01872) 261216. Contact Chris Waters or Jo Counter.
ENERGY EFFICIENCY RATING - 119 (Band E)
Certificate Reference Number: 9693-3059-0673-0800-1605
Report Reference Number: 0160-0847-9639-3509-6006
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