RETAIL PREMISES TO LET - 7 RIVER STREET
New proportional FRI lease available at £24,000 p.a
The building is arranged on three floors and comprises a good sized ground floor retail area with display frontage on the ground floor.
Truro is the principal retail and administrative centre for Cornwall with a resident population of approximately 19,000 and an estimated retail catchment of 75,000. This population increases considerably during the summer months due to the large influx of tourists.
The property lies within River Street very close to the prime retailing pitch within Truro. Nearby occupiers include Specsavers, White Stuff, Mistral, Johnson Cleaners and Saltrock.
The property is currently arranged over three floors but consent has been obtained to convert the upper floors into a self-contained flat. This will involve the installation of a new doorway in the front elevation. A toilet and staff room will be constructed at the rear of the shop which is being offered as a ground floor lock-up unit.
ACCOMMODATION: (All dimensions and areas are approximate)
Net internal width 6.88m
Shop depth 16.62m
Sales area 83.76m² (901 ft²)
Staff room 4.37m² ( 47 ft²)
A new full repairing and insuring lease is offered for a term to be negotiated.
£24,000 per annum exclusive.
To be assessed on completion of the conversion works.
We understand that the property is not registered for VAT.
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the transaction.
We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.
Planning Consent No. PA17/00515 and Listed Building Consent No. PA17/00517 were granted on 21st March 2017 for the formation and reinstatement of a separate flat entrance together with internal alterations.
ENERGY EFFICIENCY RATING - 86
Certificate Reference Number: 0940-2909-0312-7660-9030
Report Reference Number: 9273-4064-0021-0900-6991
Viewing arrangements may be made through Charterwood on
(01872) 261216. Contact Stuart Sly – firstname.lastname@example.org
or Jo Counter – email@example.com
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