Royal Institution of Chartered Surveyors

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St Ives

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LARGE GRADE II LISTED BUILDING PREMISES TO LET - FORMER EDINBURGH WOOLLEN MILL, 2 HIGH STREET, ST IVES TR26 1RR

LARGE GRADE II LISTED BUILDING PREMISES TO LET - FORMER EDINBURGH WOOLLEN MILL, 2 HIGH STREET, ST IVES TR26 1RR
Available by way of a new flexible lease on FRI terms at rent of £40,000 per annum.

Ref: 4528
  

Character Grade II Listed premises situated at the commencement to High Street providing large ground floor retail sales with first and second floors providing ancillary staff, office, storage rooms and WC facilities.

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 at the commencement to High Street, a busy link between the traditionally all-year trading locations of Tregenna Place/Hill with the more seasonal locations of the harbour and Fore Street. Occupiers within the vicinity have traditionally been bank and national orientated traders, with the property adjoining Barclays Bank and almost opposite Boots the Chemist. There are a number of food and pub outlets located within the vicinity and the shop benefits from prominent window frontage facing towards all oncoming traffic coming from Tregenna.

DESCRIPTION:
The character Grade II Listed premises provides a large ground floor retail sales space benefitting from prominent retail frontage either side of a central recessed doorway. The regular shaped front section of the retail premises is supported by large rear open plan sales with feature roof lights, character pine clad ceilings and exposed beams. The first and second floors provide ancillary staff, office and storage rooms with toilet facilities. The property would be suitable for numerous uses retail and café/food.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground floor sales
Maximum depth 19.5 m
Width 6.38 m at the front widening to 7.23 m at the rear
Total sales area 124.0 m² 1,333 ft²

First floor
Total store/office rooms (4 in total)
53.0 m² 575 ft²
Toilet facilities

Second floor
Total office/storerooms (5 in total)
71.7 m² 773 ft²

LEASE TERMS:
The premises are available by way of a new flexible lease on full repairing and insuring terms.

RENT:
£40,000 (Forty Thousand Pounds) per annum.

BUSINESS RATES:
Assessed as Shop and Premises with a Rateable Value of £37,500 (2017 list).

Potential occupiers should satisfy themselves as to any rate relief available. For further information regarding rates payable should contact Cornwall Council.
Tel: 0300 1234171.

SERVICES:
We understand the property is connected to mains electricity, water and drainage. There are air conditioning/heating units within the ground floor sales and a full fire alarm system. However, we have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.

VAT:
We understand that the property is VAT registered. Therefore VAT is payable on the sale or lease of the property.

PLANNING:
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves that consent exists for the proposed use. The property is Grade II Listed and situated in a Conservation Area.

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.

LEGAL COSTS:
The ingoing tenant will be responsible for the landlord’s reasonable costs incurred in the preparation and execution of the lease documentation.

ENERGY EFFICIENCY RATING: E
THIS PROPERTY HAS A RATING OF 105 WITHIN BAND E
Certificate Reference Number:3246-3588-7039-1836-8478
Report Reference Number:0936-5926-8156-7001-8193

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

Contact Chris Waters – chris@charterwood.com
or Jo Counter – jo@charterwood.com


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