Truro

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CHARACTER GRADE II LISTED PRIME RETAIL PREMISES - TO LET - 96 PYDAR STREET, TRURO TR1 2BD

New lease offered on FRI terms by means of a service charge - rent £40,000 per annum.

Character Grade II Listed Prime Retail Premises (suitable, under the new planning regulations, for use as licensed restaurant/cafe) situated in prime retailing location in the pedestrianised area of Pydar Street.

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 prime retailing location in the pedestrianised area of Pydar Street. Nearby occupiers include TSB Bank, Stormfront (Apple Shop), T K Maxx, W H Smith, Boots and other national retailers.

DESCRIPTION:
The property is a Grade II Listed Building. The property offers character accommodation with sales on ground and first floor with ancillary storage and offices. Internally, the shop is presented to an excellent standard throughout ready for occupation, presently occupied by Jack Wills. The property is suitable, under the new planning regulations, for potential use as licensed restaurant/café.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground floor
Internal width 6.45 m
Shop depth 12.19 m
Sales area 80.76 m² (869 ft²)

First floor
Sales area 24.16 m² (260ft²)
Store/office 116.83 m² (1,257 ft²)

NEW LEASE:
A new lease is offered on full repairing and insuring terms by means of a service charge.

RENT:
£40,000 per annum.

BUSINESS RATES:
Rateable Value £51,000 (1st April 2023 to present)
For further information regarding rates payable contact Cornwall Council - Tel: 0300 123 4171.

VAT:
An election to tax has been made and therefore VAT is payable on the rent.

SERVICES:
The property is connected to mains electricity, mains water and mains drainage.

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 and prospective purchasers and tenants that are conducting property transactions through the Company.

ENERGY PERFORMANCE CERTIFICATE: E
THIS PROPERTY HAS A RATING OF 121
Certificate Reference Number: 9887-3074-0559-0100-3091
Report Reference Number: 0380-0145-8599-794-002

VIEWING:
By appointment through Sole Agents Charterwood on (01872) 261216. Contact Chris Waters or Rosie Brenton.

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