Royal Institution of Chartered Surveyors

CHARTERWOOD
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St Ives

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RETAIL LOCK UP SHOP TO LET - UNIT 3 COURT ARCADE

RETAIL LOCK UP SHOP TO LET - UNIT 3 COURT ARCADE
Assignment or new Lease may be available

Ref: 3793
  

Well presented open plan unit providing window frontage on to the central pathway of Court Arcade.

LOCATION:
St Ives is one of the most characterful and busiest resorts in the south west. The quaint harbour town is extremely popular during the summer season but also benefits from tourist trade throughout the year due largely to the Tate Gallery and its links with the artist community. The town is highly sought after by national, regional and local retailers and there are numerous respected restaurants, bistros and cafes.

SITUATION:
The property is situated in an excellent trading location midway along Wharf Road, the busy thoroughfare comprising numerous popular restaurants, takeaways and retail outlets overlooking the character harbour and beach. The café is in close proximity to Fore Street, an all round busy retail area, along with The Sloop car park.

DESCRIPTION:
The premises, part of Court Arcade, are well presented and provide window frontage facing onto the central pathway of Court Arcade. The property is an open plan unit. Toilet facilities exist within each unit. Other tenants within the arcade include Philps Pasties, Black Cat Mind and the Surf Shack Café.

ACCOMMODATION: (All dimensions and areas are approximate)
Sales area 21.62m² (233 ft²)
WC

PRICE:
£5,000 is sought for the leasehold interest.

LEASE TERMS:
The premises is available by way of an assignment of the existing 6 year lease commencing 22nd August 2012 at a commencing rent of £5,000 per annum payable quarterly in advance. The lease is a proportional full repairing and insuring by means of a service charge. The lease will be subject to three yearly rent reviews. Alternatively a new Lease may be available.

RATES:
Rateable Value £5,100 (2010 list)
Cornwall Council are the charging authority and enquiries regarding the rates payable and eligibility for small business relief should be made with them - Tel: 0300 1234171.

VAT:
We understand that VAT is not payable on the rent.

COSTS:
The ingoing assignee to be responsible for the assignor’s and landlord’s reasonable legal costs incurred in the preparation and execution of the lease.

ENERGY EFFICIENCY RATING - 118

Certificate Reference Number: 0280-9954-0326-1560-2054
Report Reference Number: 9915-4068-0562-0200-5425

VIEWING:
Strictly by appointment with Sole Agent Charterwood on (01872) 261216. Contact Chris Waters or Jo Counter.



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New Instructions:

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St Ives
Click Here! Grade Ii Listed, Well Presented Prime Retail Unit
14 Fore Street, St Ives


Padstow
Click Here! Workshop/store And Yard/parking To Let
Unit 5b Trecerus Industrial Estate, Padstow

www.charterwood.com
17a River Street - Truro - Cornwall - UK - TR1 2SQ
Tel: 01872 261216
Fax: 01872 261359