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PROMINENT TAKEAWAY PREMISES TO LET OR FOR SALE WITH FLAT ABOVE - CITY WOK, CITY ROAD, TRURO TR1 2JJ
A new full repairing and insuring lease is available on flexible terms. |
Two storey building consisting of a ground floor lock up unit, formerly trading as a Chinese takeaway, and a two bedroomed flat above. Premises situated a short walking distance from the main retail centre of 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 is increased considerably during the summer months due to the large influx of tourists.
SITUATION:
The premises, formerly trading as a Chinese takeaway, is located in City Road a short walking distance from the main retail centre of Truro. The immediate area has a mix of restaurant and residential occupants with other commercial users including Tabbs Restaurant, City Road Vets and Pure Dental Health Clinic in close proximity. City Road is one of the busiest feeder roads within the city centre and the property is in a visually prominent location.
DESCRIPTION:
The premises comprise a two storey building consisting of a ground floor lock up unit and a two bedroomed flat above. The flat is accessed via a separate entrance and comprises of an open planned room for lounge with kitchenette with two separate bedrooms and a shower room/WC. There is a balcony at the rear of the premises.
The well-presented takeaway comes with a fully equipped kitchen and large retail frontage which has the benefit of opening up. On street parking is available within the vicinity to compliment the takeaway business.
ACCOMMODATION: (All dimensions and areas are approximate)
Ground Floor
Shop 40.1m² (431 ft²)
Store 5.9m² ( 64 ft²)
Toilet facilities
First Floor Flat
Open plan lounge/kitchenette 3.23m² x 3.13m² max
Bedroom 1 2.68m² x 2.36m² max
Bedroom 2 2.68m² x 2.36m² max
Shower room and toilet
SERVICES:
We understand that the property is connected to mains gas, electricity, water and drainage. We have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.
LEASE DETAILS:
A new full repairing and insuring lease is available on flexible terms.
EQUIPMENT:
The takeaway has a full inventory of equipment, including gas cooker range, fryers, fridges, freezers etc and is ready to trade.
PREMIUM:
£20,000 for an agreed inventory of equipment.
RENT:
£18,000 per annum. Consideration would be given to letting the flat and takeaway separately.
FREEHOLD:
Offers in excess of £250,000 is sought for the freehold interest.
BUSINESS RATES:
Rateable Value £4,300 (2017 List)
For further information regarding rates payable and eligibility for small business relief contact Cornwall Council - Tel: 0300 1234100
VAT:
VAT will not be payable on the rent.
COSTS:
The Tenant to be responsible for the Landlord’s legal fees in dealing with the lease documentation.
PLANNING:
Interested parties should satisfy themselves that their proposed use complies with the existing planning consent.
VIEWING:
By appointment with Charterwood on (01872) 261216. Contact Chris Waters or Jo Counter.
ENERGY EFFICIENCY RATING FOR FLAT:
THIS PROPERTY HAS A RATING OF 75
ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF TBA
Certificate Reference Number: 9920-7921-0398-2150-2080
Report Reference Number: 9728-4052-0289-0290-1191
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