Truro

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GROUND FLOOR SHOP/OFFICE TO LET - PALACE BUILDING, QUAY STREET, TRURO

New lease available at £17,00 per annum for whole suite or £13,000 for part.

Ground floor shop/office to let in The Palace Building, a prestigious Grade II Listed property within the City Centre in close proximity to the main bus station, Lemon Quay shops and City car parks.

LOCATION:
The Palace Building is located in the City of Truro which is generally regarded as the administrative and retail centre of Cornwall. Truro dominates the County’s retail market and boasts a good range of national multiple retailers including Marks and Spencer and The White Company. Truro has a resident population of around 20,000 with an estimated 191,000 within 12.5 miles.

SITUATION:
The property lies within the city centre in close proximity to the main bus station, Lemon Quay shops and city car parks.

DESCRIPTION:
The Palace building is a prestigious Grade II listed property. The retail offices available were formerly the Quayside Design and Print accommodation comprising of a large open plan area, currently with freestanding partitioning installed. There is one smaller separate office at the front of the premises with a kitchenette and toilets to the rear. The property will be refurbished prior to any new letting or reflected in the terms of a new lease.

Refurbishment works are still in progress.

ACCOMMODATION: (All dimensions and areas are approximate)

Main office 79.5m² (856ft²)
Small office 12.0m² (129ft²)
Kitchenette 5.1m² ( 55ft²)
WC’s

LEASE DETAILS:
The premises are available on a new proportional full repairing and insuring lease with rent and terms to be agreed at a rent of £17,500 per annum. However, consideration will be given to dividing the unit which potentially may qualify for small business rate relief.

RATES:
Rateable Value £25,000

For further information regarding rates payable and eligibility for small business relief contact Cornwall Council.
Tel: 0300 1234171.

LEGAL COSTS:
Ingoing tenants will be responsible for the landlord’s reasonable costs incurred in the preparation and execution of new leases.

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.

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

VIEWING:
Viewing arrangements may be made through Charterwood on 01872 261216.
Contact Chris Waters or Jo Counter.

ENERGY EFFICIENCY RATING:

THIS PROPERTY HAS A RATING OF 54 (Band C)
Certificate Reference Number:0095-0702-8830-7690-7113
Report Reference Number:9000-7960-0481-2781-7054

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