Truro

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RETAIL PREMISES TO LET - 7 RIVER STREET, TRURO TR1 2SQ

New proportional FRI lease available for term to be agreed at a rental of £20,000 pa exclusive

Ground floor lock-up shop with fully glazed display window lying within River Street very close to the prime retail pitch.

LOCATION:
Truro is well established as the principal retail centre for the County of Cornwall and provides some of the most attractive and comprehensive shopping in the south-west. In addition, the Cathedral City is the administrative centre for the county with public sector occupiers including Cornwall Council and the combined Crown and County Courts. The city has a resident population of around 23,000 persons but has a catchment population estimated to be around 265,000 persons.

SITUATION:
The property lies within River Street very close to the prime retail pitch within Truro. The area is predominantly occupied by a mix of regional and local traders, with nearby occupiers including Specsavers Opticians, Johnson Cleaners and Trevails – a very busy local men’s and ladies’ outfitters. The Royal Cornwall Museum, which attracts large visitor numbers, is situated in close proximity. River Street benefits from 30-minute on-street parking with additional dedicated loading facilities for local businesses.

DESCRIPTION:
The property comprises a ground floor lock-up shop unit with a fully glazed display window, with disabled toilet and staff/kitchenette facilities at the rear.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground Floor
Net internal width 5.77 m
Shop depth 14.39 m
Sales area 75.56 m² (813 ft²)
Staff room 5.59 m² ( 60 ft²)
Staff/disabled WC

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

RENT:
£20,000 per annum exclusive.

BUSINESS RATES:
The property is assessed as a “Shop and Premises” with a Rateable Value of £21,750.

Cornwall Council are the charging authority and enquiries regarding the rates payable should be made with them.
Tel: 0300 123 4171

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

SERVICES:
The property is connected to mains electricity, mains water and mains drainage. We have not tested the services connected to the premises and the ingoing tenants should carry out their own inspection.

PLANNING:
The property is a Listed Building and lies within the Truro Conservation Area.

Interested parties should satisfy themselves that their proposed use complies with the existing planning consent as a retail unit.

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

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.

VIEWING:
Strictly by appointment with sole agents Charterwood on (01872) 261216.
Contact Stuart Sly or Rosie Brenton.

ENERGY EFFICIENCY RATING:
THE PROPERTY HAS AN EPC RATING OF 36
Certificate Reference Number: 9653-0304-2495-7893-8644
Report Reference Number: 8660-9724-6542-4457-0469

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