LONG LEASEHOLD RETAIL PREMISES FOR SALE OR TO LET, 22 FORE STREET, ST IVES, TR26 1HE
Long leasehold for sale £325,000 or new lease £22,000 per annum
PRIME RETAIL UNIT IN EXCELLENT CONDITION IN MUCH SOUGHT AFTER TRADING LOCATION
St Ives is one of the most characterful and busiest resorts in the south west. The quaint harbour town is extremely popular during the summer season but also benefits from tourist trade throughout the year due largely to the Tate Gallery and its links with the artist community. The town is highly sought after by National, Regional and Local retailers and there are numerous respected restaurants, bistros and cafes.
The property is situated on the much sought after trading location of Fore Street, the main shopping thoroughfare and in close proximity to the harbour front and The Digey, which gives direct access to the Tate Gallery. Although slightly set back from the main drag nevertheless this does have its advantage from allowing shoppers a more leisurely chance to window shop.
Nearby occupiers include Quba, Mountain Warehouse, the Seafood Café and Joules. There are also numerous galleries within the immediate vicinity creating a specialist area which will be further enhanced by the proposed refurbishment of the adjoining Barbara Hepworth workshop by the Tate Gallery.
The property comprises a prime retail unit with double doors and good window frontage leading into a large open plan area with good lighting. The property is currently used as an art gallery and is in excellent condition throughout.
No food uses will be allowed.
ACCOMMODATION: (All dimensions and areas are approximate)
Max width 6.53m
Max depth 12.68m
Total area (including partitioned store) 78.4m² (844ft²)
Total areas in terms of Zone A 57.0m² (613ft²)
Toilet facility and wash hand basin
A new full repairing and insuring lease is available on flexible terms inside the Landlord and Tenant Act at a rent of £22,000 per annum.
£22,000 per annum.
LONG LEASEHOLD PURCHASE PRICE:
Offers sought in the region of £325,000
Rateable Value - £19,000 (2017 List) We understand there will be no rates liability for the present financial year.
VAT will not be payable on the rent or purchase price.
The ingoing Tenant to be responsible for the Landlord’s reasonable legal fees in dealing with a lease transaction.
We have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves as to
planning for both its existing and any proposed uses.
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 arrangements may be made through Charterwood on (01872) 261216.
Contact Chris Waters or Jo Counter.
ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 39 (BAND B)
Certificate Reference Number: 9446-3060-0015-0190-7201
Report Reference Number: 0740-0141-4059-6600-2092
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