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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. |
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.
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