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RETAIL PREMISES TO LET - 22A ARWENACK STREET, FALMOUTH TR11 3JA
New proportional full repairing lease for a term to be agreed at a rent of £12,000 per annum. |
Retail premises lying on the eastern side of Arwenack Street with the rear elevation enjoying views over the inner harbour and having glazed shop front with partial return frontage.
LOCATION:
Falmouth is one of the County’s leading holiday resorts with an increasingly long season, encouraged by several quality marina
developments together with the National Maritime Museum. The town has a resident population of around 28,000 persons which increases considerably during the summer months. The town also has a significant student population with the main hub site for the Combined University of Cornwall located in the neighbouring town of Penryn accommodating 5,000 students. The town has a good mix of independent and national retailers.
SITUATION:
The property lies on the eastern side of Arwenack Street and the rear elevation enjoys views over the inner harbour. The property lies opposite Finisterre, other nearby occupiers include the Harbour View Restaurant/Café, Beside the Wave Gallery and Willow and Stone.
DESCRIPTION:
22A Arwenack Street comprises a ground floor sales area with staff toilet at the rear. The shop has a glazed shopfront with partial return frontage and is suitable for a variety of retail and business uses.
ACCOMMODATION: (All dimensions and areas are approximate)
Gross frontage 3.75 m
Net internal width 3.18 m (average)
Shop depth 9.94 m
Sales area 28.70 m² (309 ft²)
Staff WC
LEASE:
The premises are available on a new proportional full repairing lease for a term to be agreed.
RENT:
£12,000 per annum payable quarterly in advance.
BUSINESS RATES:
The property is assessed as a “Shop and Premises” with a Rateable Value of £12,750. Partial Small Business Relief is available to qualifying occupiers.
For further details on rates payable, please contact Cornwall Council on 0300 123 4171.
VAT:
We understand the property is not registered for VAT.
LEGAL FEES:
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the preparation and execution of the lease.
SERVICES:
The property is connected to mains water, mains electricity and mains drainage. The property has a security alarm. We have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.
INSURANCE:
A contribution towards the buildings’ insurance will be payable by the tenant.
PLANNING:
The ingoing tenant should satisfy themselves that their proposed use complies with the existing planning consent as a retail unit within Use Class E.
MONEY LAUNDERING REGULATIONS
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all applicants that are conducting property transactions through the Company.
ENERGY EFFICIENCY RATING: BAND B (47)
THIS PROPERTY HAS A RATING OF 47
Certificate Reference Number: 7363-2958-1695-7753-0004
Report Reference Number: 5851-8083-0426-3302-6864
VIEWING:
Viewing arrangements may be made through Charterwood on (01872) 261216.
Contact Stuart Sly – stuart@charterwood.com
or Rosie Brenton – rosie@charterwood.com
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