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RESTAURANT/CAFE PREMISES TO LET - FORMER PREZZO PREMISES, THE MOOR, FALMOUTH TR11 3QA
New lease on a proportional FRI basis for a term to be agreed at a rent of £50,000 per annum. |
Former Prezzo Premises To Let on The Moor in a busy retailing location of Falmouth popular with independent retailers, estate agents, pubs and restaurants.
LOCATION:
Falmouth is one of the County’s leading holiday resorts with an increasingly long season, situated approximately 12 miles south west of Truro. The town has a resident population of around 28,000 persons which increases considerably during the summer months, partly due to its strong maritime history which makes Falmouth a very popular venue for yachting and dinghy racing events. The area also has a significant student population with the main hub site for the Combined University of Cornwall located in the neighbouring town of Penryn accommodating 5,000 students.
The Falmouth For Business website reports Falmouth to have the lowest empty retail unit rate, at 6%, throughout the South West. The town has a good mix of independent and national retailers including Marks and Spencer and niche retailers such as Henri Lloyd and Seasalt.
SITUATION:
The property is situated on The Moor in a busy retailing location popular with independent retailers, estate agents, pubs and restaurants. Nearby occupiers include Wetherspoons, KFC and Falmouth Town Council.
DESCRIPTION:
The premises comprise part of the ground floor of the former Post Office building. The Falmouth Town Council and Information Centre is situated next door. The premises were previously occupied by Prezzo and are fully fitted out as a restaurant with kitchen, stores and toilets. An area of outside courtyard may also be available on a non-exclusive basis.
ACCOMMODATION: (All dimensions and areas are approximate)
Internal width 15.30 m widening to 18.30 m at rear
Depth 23.30 m
Floor Area 355 m² (3,820 ft²)
LEASE:
The property is available on a new lease on a proportional full repairing and insuring basis for a term to be agreed
RENT:
£50,000 per annum.
VAT:
We understand that the property is not registered for VAT.
RATES:
Rateable value £75,500 (2017 List)
Enquiries regarding rates payable should be made with Cornwall Council – 03000 1234171.
LEGAL FEES:
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the preparation and execution of the lease.
SERVICES:
The property is fitted with ceiling mounted air conditioning. We have not tested the services to the premises and the ingoing tenant should carry out their own inspections.
PLANNING:
Interested parties should satisfy themselves that the proposed use complies with the existing planning consent. The property has an established A3 use (Restaurant and Café).
ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 97
Certificate Reference Number: 0930-1912-0323-6761-4060
VIEWING:
Viewing arrangements may be made through Charterwood on (01872) 261216.
Contact Stuart Sly – stuart@charterwood.com
or Jo Counter – jo@charterwood.com
or Joint Agent – SBC Property
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