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GRADE II LISTED RETAIL UNIT FOR SALE/TO LET - 2 HIGH STREET, LAUNCESTON PL15 8ER
Offers sought for the freehold in the sum of £160,000 or a rental of £12,000 per annum. |
Grade II Listed Retail Unit For Sale/To Let situated self contained ground floor shop with prominent large window display either side of the main entrance fronting High Street
LOCATION:
Launceston is the ancient capital and acknowledged gateway to Cornwall and sits astride the A30, one mile from the Devon/Cornwall border and accessible to both north and south coasts as well as the cities of Exeter, Plymouth and Truro.
Situated within the former North Cornwall District Council, Launceston is a busy market town with numerous shops and businesses located in and around the town square.
SITUATION:
The premises are situated fronting High Street with nearby occupiers including Superdrug and W H Smith.
DESCRIPTION:
The premises comprise a self-contained ground floor shop with prominent large window display either side of the main entrance.
ACCOMMODATION: (All dimensions and areas are approximate)
Ground floor sales 77.3 m² (832 ft²) ITZA 683 ft²
Rear storage 17.4 m² (188 ft²)
Net frontage 8.1 m² ( 26’6”)
INTEREST:
The premises are offered freehold or by way of a new lease on terms to be agreed.
SALE/RENT PRICE:
Offers sought for the freehold interest in the sum of £160,000 or a rental of £12,000 per annum.
BUSINESS RATES:
The property is assessed as “Shop and Premises” with a Rateable Value of £14,750.
For further information regarding rates payable and eligibility for small business relief contact Cornwall Council.
Tel: 0300 1234171.
SERVICES:
We understand the premises benefit from mains water, drainage and electricity. Gas could be made available if required.
We have not tested the services connected to the premises and the ingoing purchaser should carry out their own inspections.
SERVICE CHARGE:
In addition to the rent the tenant will be responsible for a fair proportion of the costs involved in maintenance of the exterior and commons areas, buildings insurance etc. by means of a service charge.
VAT:
We understand no election to tax has been made and consequently there will be no VAT payable on the rent or sale price.
PLANNING:
The property is Grade II Listed.
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves that consent exists for the proposed use.
LEGAL COSTS:
Each party to be responsible for their own legal costs. In the event of a sale the tenant to contribute to the landlord’s legal fees for a 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.
ENERGY EFFICIENCY RATING – TBA
EPC assessment currently being carried out.
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