Truro

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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.

LOCATION:
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.

SITUATION:
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.

DESCRIPTION:
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)

Ground Floor
Net internal width 6.88m
Shop depth 16.62m
Sales area 83.76m² (901 ft²)
Staff room 4.37m² ( 47 ft²)
Staff WC

LEASE:
A new full repairing and insuring lease is offered for a term to be negotiated.

RENT:
£24,000 per annum exclusive.

BUSINESS RATES:
To be assessed on completion of the conversion works.

VAT:
We understand that the property is not registered for VAT.

LEGAL COSTS:
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the transaction.

SERVICES:
We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.

PLANNING:
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:
Viewing arrangements may be made through Charterwood on
(01872) 261216. Contact Stuart Sly – stuart@charterwood.com
or Jo Counter – jo@charterwood.com

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