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GRADE II LISTED RETAIL PREMISES FOR SALE/TO LET - 5 RIVER STREET, TRURO TR1 2SQ
£18,000 per annum exclusive payable quarterly in advance. Freehold is available at £425,000 |
Grade II Listed Retail premises for sale/to let situated within River Street very close to the prime retailing pitch within Truro.
LOCATION:
Truro is the principal retail and administrative centre for Cornwall with a resident population of approximately 19,000 and an estimated retail catchment of 75,000. This population increases considerably during the summer months due to the large influx of tourists.
SITUATION:
The property lies within River Street very close to the prime retailing pitch within Truro. Nearby occupiers include Specsavers, White Stuff, Mistral, Johnson Cleaners, JoJo Maman Bebe and Saltrock.
DESCRIPTION:
The ground floor premises comprises of an open plan sales area with office/store, kitchen and staff toilet facilities to the rear. The shop has large glazed retail frontage onto River Street. There is a rear staff access to Victoria Square. The first floor flat can be made available should anyone require the whole premises.
ACCOMMODATION: (All dimensions and areas are approximate and measured in accordance with the RICS Code of Measuring)
Ground Floor
Sales area 72.7m² (782 ft²) – ignores non-structural partitioning.
Kitchen 5.1m² (55ft²)
WC
LEASE:
A new proportional full repairing and insuring lease is offered for a term to be negotiated.
RENT:
£18,000 per annum exclusive payable quarterly in advance.
TENURE:
The freehold is available at £425,000. This includes the first floor flat presently let at £600 per month under an Assured Shorthold Tenancy. The ground floor with vacant possession or potentially as an investment with a Tenant.
BUSINESS RATES:
Rateable Value £23,250 (2017 list)
For further information regarding rates payable contact Cornwall Council - Tel: 0300 1234100
VAT:
We understand that the property is not registered for VAT.
LEGAL COSTS:
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the transaction.
SERVICES:
We understand that the property is connected to mains electricity, water and drainage. We have not tested the services connected to the premises and the ingoing tenant 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:
Strictly by appointment with sole agents Charterwood on (01872) 261216.
Contact Chris Water or Jo Counter.
ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 80 (BAND D)
Certificate Reference Number: 9572-3045-0713-0300-3205
Report Reference Number: 0350-0341-7739-2405-2006
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