St Ives

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LOCK UP RETAIL SHOP WITH EXCELLENT RETAIL FRONTAGE AND PRIME TRADING LOCATION - 65 FORE STREET, ST IVES, TR26 1HE

New lease for a term to be agreed - (£28,000 per annum)

Lock Up retail shop with excellent retail frontage situated in the prime trading location of Fore Street in close proximity to the harbour front and The Digey.

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 property is situated midway along the much sought after trading location of Fore Street, the main shopping thoroughfare of St Ives. Nearby occupiers include the popular Brocante Furniture and Interiors, Joules, Crew Clothing, Saltrock and numerous restaurants and food outlets.


DESCRIPTION:
Character property with an additional first floor level benefiting from sea views and good natural light. The basement accommodation compliments the ground and first floor retail areas and can be used for storage or even sales – it was previously a residential studio with a neighbouring right of way providing separate access via a side alley off Fore Street.

The property will be redecorated throughout internally and externally.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground Floor
Total sales area 25.19m² (271 ft²)
Sales area ITZA 21.60m² (233 ft²)

First Floor
Sales area 25.23m² (271 ft²)

Lower Ground Floor
Store, possible sales
or residential studio 16.45m² (177ft²)

WC and shower room

LEASE DETAILS:
The property is offered on flexible terms for a full repairing and insuring lease within the Landlord and Tenant Act with security of tenure.

PREMIUM:
Offers Sought for the premium.

RENT:
Rent sought in the region of £28,000 per annum.

BUSINESS RATES:
Rateable Value £18,250 (1st April 2023 to present).

VAT:
VAT will not be payable on the rent.

LEGAL FEES:
The ingoing Tenant to be responsible for the Landlord’s reasonable legal fees in dealing with the transaction.

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

PLANNING:
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves that consent exists for the proposed use.

VIEWING:
Viewing arrangements may be made through Charterwood on (01872) 261216.
Contact Chris Waters or Rosie Brenton.

ENERGY EFFICIENCY RATING:

THIS PROPERTY HAS A RATING OF E (120)

Certificate Reference Number: 0390-0030-7812-3509-1002
Report Reference Number: 0123-0097-1540-3800-9003

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