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PRIME RETAIL PREMISES TO LET - 53 FORE STREET
New proportional FRI lease available at £22,500 p.a |
The property is situated on the much sought after trading location of Fore Street, the main shopping thoroughfare and in close proximity to the harbour front.
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 on the much sought after trading location of Fore Street, the main shopping thoroughfare, adjacent to Myrings Fudge & Rock Shop and in close proximity to the harbour front and The Digey, which gives direct access to the Tate Gallery. Other nearby occupiers include the Seafood Café, Crew Clothing and Joules.
DESCRIPTION:
The property is subject to a refurbishment and the retail space will be enlarged and presented in immaculate condition. Good storage and office accommodation is provided at first floor level, but as part of the refurbishment this should be capable of being used for residential purposes. The Landlord is happy for the property to be used for retail purposes or, in line with its present use, as a café.
ACCOMMODATION: (All dimensions and areas are approximate)
Ground Floor
Total sales area 40.10m² (431 ft²) (but to be enlarged)
First Floor
Room 1 3.85m x 4.29m 16.52m²
Room 2 3.70m x 2.70m 9.99m²
LEASE DETAILS
A new proportional repairing and insuring lease is available on flexible terms inside the Landlord and Tenant Act at a rent of £22,500 per annum.
PRICE:
Premium sought in excess of £20,000.
BUSINESS RATES:
Rateable Value - To be assessed.
VAT:
VAT will not be payable on the rent.
LEGAL FEES:
The ingoing Tenant to be responsible for the Landlord’s reasonable legal fees in dealing with the transaction.
SERVICES:
We have not tested the services connected to the premises and the ingoing tenant 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.
VIEWING:
Viewing arrangements may be made through Charterwood on (01872) 261216.
Contact Chris Waters or Jo Counter.
ENERGY EFFICIENCY RATING - 157
Certificate Reference Number: 0740-0434-4649-2503-3002
Report Reference Number: 0392-0434-4540-7600-4403
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