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PROMINENT SHOP PREMISES WITH TWO SELF CONTAINED FLATS TO LET - 1 CAUSEWAYHEAD
New FRI lease immediately available for the entire premises at £26,000 per annum |
The property comprises an immaculately presented ground floor sales area, with large glazed frontage. The first floor and basement levels have been subject to a well thought out and elegant refurbishment and self con
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, Rowes Bakery and Subway.
DESCRIPTION:
Formerly used as a hair and beauty salon, the property comprises immaculately presented ground floor sales area, with large glazed frontage, and office to the rear. The sales area is presently divided in two but can be re-opened if required. Additional accommodation is available at first floor and basement levels, all of which have been subject to a well thought out and elegant refurbishment. 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. The basement was previously used as a staff training room but would equally suit a private meeting room or ample dry storage.
The second and third floors both provide self-contained residential accommodation which can be accessed, as can the first floor, by means of a separate doorway leading from the rear alley. The flats each offer two bedrooms, lounge, kitchen and bathroom with separate WCs.
ACCOMMODATION: (All dimensions and areas are approximate)
Ground Floor
Sales - 28.31m² (305 ft²)
Office - 5.66m² ( 61 ft²)
First Floor
Room 1 - 26.20m² (282 ft²) currently divided
Room 2 - 14.45m² (155 ft²)
WC - 7.64m² ( 82 ft²)
Basement
Meeting room - 34.10m² (378 ft²)
Second Floor – Flat 1
Bedroom 1 - 2.88m x 2.59m ( 7.46m²)
Bedroom 2 - 3.46m x 4.25m (14.70m²)
Lounge - 4.24m x 3.40m (14.42m²)
Kitchen - 2.58m x 2.69m ( 6.94m²)
Bathroom - 2.68m x 1.8m ( 4.82m²)
WC
Third Floor – Flat 2
Bedroom 1 - 2.46m x 2.82m ( 6.94m²)
Bedroom 2 (sea views) - 4.30m x 3.53m (15.18m²)
Lounge - 3.33m x 4.28m (14.25m²)
Kitchen - 2.63m x 2.69m ( 7.07m²)
Bathroom - 2.67m x 1.84m ( 4.91m²)
WC
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 £12,500 (2010 list)
Second floor flat: Council Tax Band A
Third floor flat: Council Tax Band A
Cornwall Council are the charging authority and enquiries regarding the rates payable should be made with them - Tel: 0300 1234171.
LEASE:
The entire premises are available on a new lease on a full repairing and insuring basis, for a term to be agreed, at a rent of £26,000 per annum. We understand that the third floor flat is currently let under an Assured Shorthold Tenancy at £6,000 per annum. However, vacant possession may be obtained if the ingoing tenant requires this.
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.
VIEWING:
Strictly by appointment with Sole Agent Charterwood on (01872) 261216. Contact Chris Waters or Jo Counter.
ENERGY EFFICIENCY RATING - E
Certificate Reference Number 9693-3059-0673-0800-1605
Report Reference Number 0160-0847-9639-3509-6006
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