Falmouth

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LOCK-UP RETAIL UNIT TO LET - 14 KILLIGREW STREET, FALMOUTH TR11 3PN

NEW PROPORTIONAL FULL REPARIING AN DINSURING LEASE FOR A TERM TO BE AGREED - RENT £14,000 PER ANNUM

GROUND FLOOR LOCK-UP RETAIL UNIT SITUATED ON KILLIGREW STREET, A RETAIL PARADE WHICH LINKS WITH MARKET STREET.

LOCATION:
Falmouth is a coastal town situated approximately 12 miles south-west of Truro and is famous for its extensive natural amenities which include the harbour and surrounding beaches. The town has a strong maritime history and is a very popular venue for yachting and dinghy racing events. Falmouth is one of the county’s leading holiday resorts with a resident population of around 28,000 persons which increases considerably during the summer months.

SITUATION:
The property is situated on Killigrew Street, a retail parade which links with Market Street. Killigrew Street faces onto the Moor, which is the main hub for bus transport in the town. The property benefits from being close to Tesco, other nearby occupiers include Lloyds Bank, Wetherspoons and a range of independent shops and cafes. Parking is available nearby on the Moor and at the Quarry car park.

DESCRIPTION:
The property comprises a ground floor lock-up shop which is currently fitted out for food preparation and sales. The shop has a fully glazed shop front and is fitted with a staff WC at the rear. An inventory of fixtures and fitting is available by separate negotiation from the outgoing tenant. Due to the business relocating the new occupier will not be permitted to trade as Kessells Kitchen. The new occupier will also not be able to trade in the evening.

ACCOMMODATION: (All dimensions and areas are approximate)

Net internal width 3.62 m
Shop depth 8.48 m
Sales area 30.20 m² (325 ft²)
Staff WC

NEW LEASE:
The shop is available on a new proportional full repairing and insuring lease for a term to be agreed.

RENT:
£14,000 per annum.

BUSINESS RATES:
Rateable Value - £6,600 (1 April 2023 to present).

Qualifying occupiers will be eligible for 100% Small Business Rate Relief.
Enquiries regarding the rates payable should be made with Cornwall Council – Tel 0300 123 4100.

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

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

SERVICES:
The shop is connected to mains electricity (including a three-phase supply). Mains water, gas and drainage are also connected.

PLANNING:
Interested parties should satisfy themselves that the proposed use complies with the existing planning consents. The current consent is for retail (Class E) use.

ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 97 WITHIN BAND D
Certificate Reference Number: 0710-0234-5499-9995-0006
Report Reference Number: 0950-1940-0494-5790-2090

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

VIEWING:
Viewing arrangements may be made through Charterwood on (01872) 261216.
Contact Stuart Sly – stuart@charterwood.com
or Rosie Brenton – rosie@charterwood.com

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