St Ives

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WELL POSITIONED SHOP PREMISES IN SOUGHT-AFTER AREA - 6 HIGH STREET

No ingoing premium sought for new lease - Available from February 2014

Regular shape ground floor retail premises with glazed frontage on to High Street

LOCATION:
St Ives is one of the most characterful and busiest resorts in the south west. The quaint harbour town is extremely popular during the summer season but also benefits from tourist trade throughout the year due largely to the Tate Gallery and its links with the artist community. The town is highly sought after by National, Regional and Local retailers and there are numerous respected restaurants, bistros and cafes.

SITUATION:
The Grade II Listed property is situated in the busy retailing location of High Street, a popular trading street which accesses the commencement of Fore Street and the harbour front as well as providing numerous shortcuts to the nearby residential streets. The property is in close proximity to Boots the Chemist, Jo Downs Glass, Barclays, Lloyds and HSBC banks, Edinburgh Wool and a number of local retailers.

DESCRIPTION:
The ground floor retail premises are of regular shape with good glazed frontage on to High Street and ancillary storage, staff accommodation and toilet facilities to the rear. Basement stores are accessed from a covered staircase within the shop.

ACCOMMODATION: (All dimensions and areas are approximate)

Internal depth (max) 16.87m
Internal width (ave) 4.80m

Main sales area 81.97m² (882 ft²)
Store/Additional sales 20.00m² (215 ft²)
Staffroom 4.10m² ( 44 ft²)
Basement Store 74.35m² (800 ft²)
WC

LEASE TERMS:
The premises are available from February 2014 under a new full repairing and insuring lease, terms to be agreed.

RENT:
A rent of £35,000 per annum would be sought for a new lease inside the security of tenure provisions of the Landlord and Tenant Act 1954.

No ingoing premium is being sought.

BUSINESS RATES:
Rateable Value £23,250 (2010 list).
Cornwall Council are the charging authority and enquiries regarding the rates payable should be made with them - Tel: 0300 1234100

VAT:
Figures are quoted exclusive of VAT where applicable.

SERVICES:
We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.

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

LEGAL FEES:
The ingoing tenant to be responsible for landlord’s reasonable legal costs incurred in dealing with the lease documentation.

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

ENERGY EFFICIENCY RATING:
Certificate Reference Number: 0910-0932-0919-1475-9006
Report Reference Number: 0750-1999-0412-0940-9010

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