St Ives

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GRADE II LISTED CHARACTER RETAIL PREMISES TO LET - 5 CYRIL NOALL SQUARE, ST IVES TR26 1HE

New three lease outside the landlord and tenant act with no security of tenure on FRI terms.

Grade II Listed character retail premises situated in a quaint "Courtyard arcade" accessed off Fore Street . Open plan retail space with the benefit of small ancillary kitchen and rear toilet facility.

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 a quaint “courtyard arcade” made up of a number of specialist boutique shops and café accessed off Fore Street, the prime retail thoroughfare within the town centre.

DESCRIPTION:
The character lock-up shop comprises a number of attractive features including exposed beams, good LED lighting and a Victorian paned window frontage. The open plan retail space has the benefit of small ancillary kitchen and rear toilet facility. Local occupiers include The Dog Groomer St Ives, Rocks n Stuff and St Ives Glass Studio.

PERMITTED USE:
The property is suitable for uses under the new Class E under the Town and Country (Use Classes) Order 1987, as amended including retail, food sales (not hot food takeaway), offices and spa treatment rooms.

ACCOMMODATION: (All dimensions and areas are approximate)

Max width 5.0 m
Max depth 2.5 m

Total sales area 12.0 m² (135 ft²)
Kitchenette
Toilet facility - toilet and wash hand basin

LEASE TERMS:
The property is offered under a new lease, outside the Landlord and Tenant Act with no security of tenure, on full repairing and insuring terms and is available immediately.

RENT:
£13,000 per annum.

PREMIUM:
Offers sought for the grant of a new lease.

BUSINESS RATES:
Rateable Value £7,100 (1 April 2023 to present). Occupiers can therefore potentially qualify for Small Business Rate Relief, subject to eligibility.

For further information regarding rates payable and eligibility for small business relief contact Cornwall Council.
Tel: 0300 1234171.

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

SERVICES:
We have not tested the services connected to the premises and the ingoing 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.

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 obligated to verify ID for all clients that are conducting property transactions through the Company.

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