Royal Institution of Chartered Surveyors

CHARTERWOOD
Chartered Surveyors & Commercial Property Consultants

 
 
    Home
    Services
    About Us
    News
    Print Page

  Commercial Property:

     Bodmin
     Bude
     Camborne
     Dartmouth
     Falmouth
     Fowey
     Hayle
     Helston
     Launceston
     Liskeard
     Mevagissey
     Newlyn
     Newquay
     Padstow
     Penryn
     Penzance
     Perranporth
     Redruth
     St Austell
     St Ives
     St Just
     St Mawes
     Truro
     Wadebridge
     Business
     Cafe
     Car Parking
     Commercial
     Development
     Gallery
     Garage
     Industrial
     Investment
     Land
     Licensed Premises
     Office
     Residential
     Restaurant
     Retail
     Salon
     Showroom
     Storage
     Studio/Gallery
     Takeaway
     Warehouse
     Workshop
     Yard
     - Land


St Ives

    All St Ives Properties
    Back to Listing
    Print These Details

LEASE ASSIGNMENT - 11 FORE STREET

LEASE ASSIGNMENT - 11 FORE STREET
Occupied under a 9 year lease commencing 22 January 2014 on FRI basis at 20,000 p.a.

Ref: 3797
  

Ground floor shop premises with additional sales and storage accommodation on first, second and basement levels located on the main retailing area of St Ives.

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 the prime retailing location of Fore Street, an all year round busy retail area which comprises numerous popular restaurants, take-aways and retail outlets. The property is in close proximity to a mixture of national retailers, including Fat Face, Seasalt, Oska Clothes Shop, Pasty Presto, Mountain Warehouse as well as regional and local traders and is within easy walking distance of both the Sloop pay & display car park and the busy harbour front.

DESCRIPTION:
The property comprises well presented open plan retailing space on the ground floor with additional sales and storage accommodation at first, second and basement levels. The ground floor double window frontage facing on to the popular Fore Street, curves inwards providing a recessed entrance way into the ground floor sales area. An electric metal security grille exists and although there is good natural light within the shop this is supported with category 3 lighting throughout the ground floor.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground floor
Total sales area - 29.6m - (319 ft)

First floor
Sales area - 15.6m - (168 ft)
Store - 2.0m - ( 22 ft)
Store - 8.1m - ( 87 ft)

Second floor
Store - 12.7m - (137 ft)
Store - 2.4m - ( 26 ft)
Store - 10.3m - (111 ft)

Basement
Store - 24.7m - (266 ft)
WC

LEASE DETAILS
The property is occupied under a 9 year lease commencing 22nd January 2014 on a full repairing and insuring basis at a rent of 20,000 per annum. The lease is a protected tenancy under the Landlord & Tenant Act 1954 although all potential purchasers should seek legal advice to clarify their rights for renewal.

BUSINESS RATES:
Rateable Value

Shop & premises 15,250 (2010 list).

For further information regarding rates payable, contact Cornwall Council Tel: 0300 1234171.

VAT:
Figures are quoted exclusive of VAT where applicable. We understand the property has not been elected to tax and therefore no VAT is payable on the rent.

PREMIUM:
The lease is offered for a premium in the region of 50,000. Consideration would be given to selling the business as a going concern with stock at valuation.

LEGAL FEES:
The purchaser to be responsible for the tenants reasonable legal fees in dealing with 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:
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves that consent exists for the proposed use.

ENERGY EFFICIENCY RATING - 95

Certificate Reference Number: 0790-9674-2930-9000-9603
Report Reference Number: 0970-9907-0426-4990-6004

VIEWING:
Viewing arrangements may be made through Charterwood on (01872) 261216.

Contact Chris Waters or Jo Counter.

    Print These Details     All St Ives Properties     Back to Listing





New Instructions:

Truro
Click Here! For Sale/to Let
Industrial Unit With Storage Yard/parking
The Old Smelting Works, Carvedras Yard, St George's Street, Truro


Camborne
Click Here! Retail Investment
46 Trelowarren Street, Camborne, Tr14 8ag


Fowey
Click Here! Grade Ii Listed Lock Up Shop In Prime Location To Let
8 Fore Street, Fowey Pl23 1aq


Falmouth
Click Here! Prime Shop To Let
5
7 Killigrew Street, Falmouth Tr11 3pg


Redruth
Click Here! Well Presented Trevithick Office Suite
The Old Art School, 6 Clinton Road, Redruth

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


The charm of a man is not only reflected in the breitling uk appearance, but also through the connotation of fake rolex training out. Attractive men not only pay attention to maintaining personal image, but also to distribute the rolex uk mature wisdom, low-key introverted light. And a good men's watches, but also must be a high value of color, temperament, good quality meter. The new launch of the fake hublot watches Chanel mechanical watches MONSIEUR CHANEL DE, is such a special for men to create, to bring the infinite charm of the wrist watch.