Penzance

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LOCK-UP RETAIL PREMISES TO LET - 1 WESLEY STREET, HEAMOOR, PENZANCE TR18 3EW

Sub-lease until 30th January 2028 on proportional FRI terms - Rent £4,800 per annum

Lock up retail unit on ground floor of two-storey building lying in the corner of Bolitho Road and Westley Street surrounded by residential property.

LOCATION:
Heamoor is a small village lying to the north-west of Penzance on the northern side of the A30 ring road and just over one mile from Penzance town centre. The village has a primary school, secondary school and a very limited selection of shops including a small Costcutter convenience store, fish and chip shop and public house.

SITUATION:
The property lies on the corner of Bolitho Road and Wesley Street surrounded by residential property.

DESCRIPTION:
The property comprises the ground floor of a two-storey building constructed in the mid to late 19th Century, the upper floor of which is in residential use. The subject property comprises a ground floor lock-up shop with glazed entrance door and timber frame sash windows along the front and side elevations. The shop has a sink and drainer unit at the rear and a small staff toilet. The shop has an Altro vinyl floor, suspended ceiling with inset lighting and is fitted with emergency lighting.

ACCOMMODATION: (All dimensions and areas are approximate)
From our own inspection of the premises, we have calculated the following approximate dimensions and net internal floor areas:
Internal width 4.80 m (max)
Internal depth 6.23 m (max)
Sales area 22.61 m² (243 ft²)
Staff WC

LEASE TERMS:
A sub-lease is available until 30th January 2028 on proportional full repairing and insuring terms.

RENT:
£4,800 per annum.

BUSINESS RATES:
Rateable Value £2,950
Cornwall Council are the charging authority and enquiries regarding the rates payable should be made with them - Tel: 0300 123 4171.
Qualifying occupiers will be eligible for 100% small business relief.

VAT:
We understand that the property is not registered for VAT.

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

SERVICES:
We understand the property is connected to mains electricity, mains gas, mains water and mains drainage. We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.

PLANNING:
The property lies within the Penzance Conservation Area. Interested parties 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 applicants that are conducting property transactions through the Company.

ENERGY PERFORMANCE CERTIFICATE:
Certificate Reference Number: 9645-3001-9316-3983-5207
Recommendation Report Number: 8610-6402-2453-9247-5800
Certificate is valid until 24th April 2033.

VIEWING:
By appointment through Charterwood on (01872) 261216. Contact Stuart Sly or Rosie Brenton.

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