Falmouth

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CAFE/RESTAURANT PREMISES TO LET 55 CHURCH STREET, FALMOUTH, CORNWALL TR11 3DS

New proportional FRI lease for term to be agreed - Rent £15,000

Property lies on the eastern side of Church Street and comprises a ground flor sales area previously used as a cafe with lower ground floor seating area equipped kitchenette and customer toilets.

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 Church Street and the rear elevation backs onto the local authority owned Church Street carpark and enjoys views over the inner harbour. Nearby occupiers include Quba & Co., Heather and Lay Estate Agents, the St George’s Arcade Indoor Market and Mango’s Bar and Restaurant.

DESCRIPTION:
55 Church Street comprises a ground floor sales area previously used as a café, with lower ground floor seating area, equipped kitchenette and customer toilets. An area of external seating lies to the rear of the ground floor café.

ACCOMMODATION: (All dimensions and areas are approximate)
Ground Floor
Cafe 38.91 m² (419 ft²)
Rear decking 14.63 m² (157 ft²)

Lower Ground Floor
Seating area 19.52 m² (210 ft²)
Kitchenette 7.45 m² ( 80 ft²)
Store 1.80 m² ( 19 ft²)
Male and female WC’s



NEW LEASE:
The premises are available on a new proportional full repairing lease for a term to be agreed.

TERMS:
Rent: £15,000 per annum payable quarterly in advance.

RATES:
Rateable Value 1 April 2023 to present: £15,000
For further details on rates payable contact Cornwall Council on 0300 123 4171.

VAT:
The property is not registered for VAT

COSTS:
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, electricity and drainage. 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 insurance will be payable by the tenant.

PLANNING:
Ingoing tenant should satisfy themselves that their proposed use complies with the existing planning consent.

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

ENERGY EFFICIENCY RATING:
The property has an Energy Performance Asset Rating of 61 lying within Band C.
Certificate Reference Number:9530-3000-0712-0190-1201
Report Reference Number: 0150-0141-3729-0000-2092

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