Royal Institution of Chartered Surveyors

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Truro

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GRADE II LISTED BUILDING - PRIME RETAIL PREMISES TO LET - 25 KING STREET, TRURO TR1 2RQ

GRADE II LISTED BUILDING - PRIME RETAIL PREMISES TO LET - 25 KING STREET, TRURO TR1 2RQ
New lease is offered on full repairing and insuring terms

Ref: 4529
  

Grade II Listed Building situated in a prime retailing area opposite the Cathedral comprising ground floor sales area and upper floors comprising office, staff room and storage.

LOCATION:
Truro is the principal retail and administrative centre for Cornwall with a resident population of approximately 19,000 and an estimated retail catchment of 75,000. This population increases considerably during the summer months due to the large influx of tourists.

SITUATION:
The property is situated in a prime retailing position opposite the Cathedral and on the edge of the Pydar Street pedestrianised area. Nearby occupiers include Rituals Cosmetics, Pro-Cook, Deichmann Shoes, L’Occitane and Moss Bros.

DESCRIPTION:
The property is a Grade II Listed Building. The ground floor sales area has rear loading access from The Leats. The upper floors comprise offices, staff room and storage.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground floor
Gross frontage 7.40 m
Internal width 6.13 m at front narrowing to 4.13 m at rear
Shop depth 33.34 m
Sales area 175.00 m² (1,883 ft²)

First floor
Front section 77.32 m² (832 ft²)
Rear section 44.70 m² (481 ft²)

Second floor
Front section 88.48 m² (952 ft²)
Rear section 56.50 m² (608 ft²)

NEW LEASE:
A new lease is offered on full repairing and insuring terms.

RENT:
£75,000 per annum.

BUSINESS RATES:
Rateable Value £61,500 (2023 list)
For further information regarding rates payable contact Cornwall Council - Tel: 0300 123 4171.

VAT:
The property is registered for VAT.

SERVICES:
The property is connected to mains electricity (including a three-phase supply), mains waters, mains drainage and mains gas. Ceiling mounted air conditioning units are fitted within the ground floor sales area and central heating radiators are fitted within part of the upper floors.

We have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.

LEGAL COSTS:
The ingoing tenant will be responsible for the landlord’s reasonable legal fees in respect of the preparation and execution of a new lease.

MONEY LAUNDERING REGULATIONS:
In line with The Money Laundering Regulations 2017, Charterwood are obliged to verify ID for all clients that are conducting property transactions through the Company.

ENERGY PERFORMANCE CERTIFICATE: D

THIS PROPERTY HAS A RATING OF 85

Certificate Reference Number: 9145-3087-0727-0000-1005
Report Reference Number: 0110-0042-4779-5807-0006

VIEWING:
By appointment through Sole Agents Charterwood on (01872) 261216. Contact Stuart Sly.

The Agents have not tested any apparatus, equipment, fixtures and fitting or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor and Surveyor. References to the tenure of the property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

CHARTERWOOD for themselves and for the Vendors or Lessors of this property, whose Agents they are, give notice that:
1. The particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer of contract;
2. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and intending purchasers or tenants should not rely upon them as statement or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;
3. We have not tested the services nor fixtures and fittings. It will be the responsibility of potential purchasers to satisfy themselves as to their condition.
4. No person in the employment of Charterwood has any authority to make or give any representation or warranty in relation to this property.

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