TO LET/FOR SALE - GROUND FLOOR SHOP AND BASEMENT, 47 CHURCH STREET
Freehold offers sought in the region of £425,000
Located in the busy retailing area of Church Street, the property comprises a ground floor shop with basement stores
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.
The property is located on Church Street close to a mixture of national and local independent retailers and one of the town’s main shopping car parks. The premises are Grade II Listed Building and are situated within the Falmouth Conservation Area.
The property comprises a ground floor shop with basement stores.
ACCOMMODATION: (All dimensions and areas are approximate)
Total sales area 104.7m² (1127 ft²)
Storage/Changing room 9.3m² (100 ft² )
Stores 30.2m² (325 ft²)
Office 8.3m² (89 ft²)
A new FRI Lease is available on terms to be agreed at a rent of £32,500 per annum.
INVESTMENT OR WITH VACANT POSSESSION:
The owner would consider a sale of the freehold interest. This would be subject to the long lease on the upper floors (residential) and either with vacant possession of the shop or as an investment conditional on agreeing a new Lease. Offers will be sought in the region of £425,000.
Ground floor 2017 Rateable Value £29,500
Enquiries regarding the rates payable should be made with Cornwall Council.
We understand that the property is registered for VAT.
The Tenant will be responsible for the Landlord's reasonable costs incurred in the preparation and execution of the legal documentation for a new Lease. In respect to a freehold sale, each party to pay their own respective legal costs.
We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.
Interested parties should satisfy themselves that their proposed use complies with the existing planning consent.
The property is situated in a conservation area and is Grade II Listed.
Viewing arrangements may be made through Charterwood on (01872) 261216.
Contact Chris Waters - email@example.com or Jo Counter - firstname.lastname@example.org.
ENERGY PERFORMANCE CERTIFICATE:
Certificate Reference Number: 0890-0931-5240-6299-3092.
Report Reference Number: 0306-9995-4240-8290-9103.
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