CAFE/SHOP TO LET - 12 MARKET PLACE, PENZANCE TR18 2JB
Available on new lease on a full repairing and insuring basis for a term to be agreed - £11,500 pa
Situated along Market Place in close proximity to Market Jew Street, the main retailing location within the town. The property comprises a small lock up shop or cafe with ground floor sales.
Penzance lies at the western end of the Cornish peninsula facing on to Mount’s Bay on the south coast of Cornwall. The town is the principal retailing centre in the district previously known as Penwith and is a relatively busy commercial centre accommodating the Council offices and Magistrates Courts. Communications from Penzance are good with a direct link on to the A30 which forms the arterial road into and out of the County, linking with the M5 at Exeter. The town also has an Intercity Railway station providing a regular service to Paddington, London.
The property is situated along Market Place and is in close proximity to Market Jew Street, the main retailing location within the town. Market Place has attracted a mixture of regional and local traders interspersed with national outlets with nearby occupiers including Clarks shoe shop and the Co-operative convenience store.
The property comprises a small lock up shop or café with ground floor sales and a character, curved, recessed entranceway. Excellent return glazed frontage onto Market Place exists, providing good natural light into the premises. A kitchenette lies to the rear of the shop while private staff toilet facilities are accessed externally from the side of the shop. There are three rooms at first floor level but these can only be accessed from the loft hatch.
ACCOMMODATION: (All dimensions and areas are approximate)
Sales: Internal width 3.6m
Shop depth 6.3m
Sales area 25.06m² (270 ft²)
Kitchenette: 1.65m² ( 18 ft²)
First Floor Accommodation taken from Valuation Office assessment:
Room 1 10.50m² (113 ft²)
Room 2 7.50m² ( 81 ft²)
Room 3 12.90m² (139 ft²)
We understand that mains water, electricity and drainage are connected to the premises.
Rateable Value £10,500 (2017 list)
Cornwall Council are the charging authority and enquiries regarding the rates payable should be made with them - Tel: 0300 1234171.
The unit is available on a new lease on a full repairing and insuring basis for a term to be agreed.
£11,500 per annum exclusive.
We understand that the property is not registered for VAT.
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the preparation and execution of the lease.
We understand that mains water, electricity and drainage are connected to the premises. 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.
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.
Strictly by appointment with Sole Agent Charterwood on (01872) 261216. Contact Chris Waters or Jo Counter.
ENERGY EFFICIENCY RATING:
The property has a rating of 119 (Band E)
Certificate Reference Number: 9634-3089-0466-0090-3395
Report Reference Number: 0360-0046-3469-4899-3096
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