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Penzance

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PRIME SHOP TO LET - 40 MARKET PLACE, PENZANCE (AVAILABLE FROM 25TH NOVEMBER 2019)

PRIME SHOP TO LET - 40 MARKET PLACE, PENZANCE (AVAILABLE FROM 25TH NOVEMBER 2019)
New proportional FRI lease for a term to be agreed - Rent £10,000 per annu exclusive.

Ref: C4294
  

Prime retail unit situated within the elevated pedestrianised part of Market Place in a prime retailing position close to Santander, Millets, Trespass and Co-op Food Store.

LOCATION:
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.

SITUATION:
The property is situated within the elevated pedestrianised part of Market Place in a prime retailing position close to Santander Bank, Millets, Trespass and Co-op Food Store.

DESCRIPTION:
The ground floor has a fully glazed display window and consists of an open plan sales area with the rear part of the ground floor partitioned off to form a small office and two storage areas. A WC is to be installed at the rear of the shop.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground Floor

Net internal width 4.14 m narrowing to 3.30 m
Shop depth 18.42 m
Sales area 59.16 m² (637 ft²)
Store 6.96 m² ( 75 ft²)
WC

Additional upper floor accommodation may be available by separate negotiation.

LEASE:
The property is available on a new proportional full repairing and insuring lease for a term to be agreed.

RENT:
£10,000 per annum exclusive.

RATES:
Rateable Value - £17,750 (2017 list) - (To be reassessed)

Cornwall Council are the charging authority and enquiries regarding the rates payable should be made with them - Tel: 0300 1234171.

VAT:
All figures quoted are exclusive of VAT where applicable.

COSTS:
The ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the preparation and execution of the lease.

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 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.

ENERGY EFFICIENCY RATING

This property has an Energy Performance Asset Rating of 105 lying within Band E.

Certificate Reference No. 0340-0431-0439-6521-3006
Report Reference No. 0210-4943-0431-0350-4060

VIEWING:
Strictly by appointment with Sole Agent Charterwood on (01872) 261216. Contact Stuart Sly or Jo Counter.


    Print These Details     All Penzance Properties     Back to Listing





New Instructions:

St Ives
Click Here! Ground Floor Retail Shop For Sale
9 High Street, St Ives Tr26 1rr


Falmouth
Click Here! Prime Shop To Let
5 Killigrew Street, Falmouth, Cornwall, Tr11 3pg


Penzance
Click Here! Prime Shop To Let
40 Market Place, Penzance (available From 25th November 2019)


Truro
Click Here! Grade Ii Listed Centrally Located Freehold Investment For Sale
12
13 River Street, Truro Tr1 2sq


St Ives
Click Here! Grade Listed Ii Prime Retail Premises For Sale Or To Let
55 Fore Street, St Ives Tr26 1he

www.charterwood.com
17a River Street - Truro - Cornwall - UK - TR1 2SQ
Tel: 01872 261216
Fax: 01872 261359