Royal Institution of Chartered Surveyors

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Falmouth

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PROMINENTLY LOCATED SHOP TO LET - 4/5 MARKET STREET

PROMINENTLY LOCATED SHOP TO LET - 4/5 MARKET STREET
Available on a new proportional FRI lease

Ref: S3048
  

The premises comprise open plan retail accommodation at ground and mezzanine levels. Recessed double doors lead into the sales area with display window fronting Market Street. The mezzanine sales would be also suit office use

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 located on Market Street which comprises the town’s prime retail location. The premises are prominently positioned at the commencement of Market Street with nearby occupiers including Marks and Spencer, Rowes Bakery, Tesco Metro and the Prince of Wales Pier, all of which ensures year-round tourist activity in the vicinity. Public car parking is available nearby.

DESCRIPTION:
The premises comprise excellently presented open plan retail accommodation at ground and mezzanine levels. Recessed double doors lead into the sales area which boasts an attractive lockable glazed display window fronting Market Street and hardwood flooring. The mezzanine, which incorporates feature built-in display units and is carpeted throughout, would equally be suitable for office use or additional storage, as required. A small store and staff toilet facilities are situated to the rear of the first floor where a fire exit leads on to the steps adjacent to the shop itself.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground Floor
Net internal width 7.25m
Shop depth 4.60m
Sales area 31.30m² (337 ft²)

First Floor
Sales area 15.30m² (165 ft²)
Store 5.10m² ( 55 ft²)
WC

RATES:
Rateable Value - £21,750 (2010 List)
Enquiries regarding rates payable should be made with Cornwall Council – 0300 1234171.

VAT:
All figures are exclusive of VAT where applicable.

SERVICES:
Mains electricity, metered water and drainage are connected.
We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.

COSTS:
The ingoing assignee will be responsible for the assignor’s reasonable costs incurred in the preparation and execution of the legal documentation.

VIEWING:
Viewing arrangements may be made through Charterwood on (01872) 261216.
Contact Stuart Sly or Chris Waters.

ENERGY EFFICIENCY RATING:
Certificate Reference Number: 0690-0251-4030-9200-4703
Report Reference Number: 0050-4926-0447-1900-2004

    Print These Details     All Falmouth Properties     Back to Listing

PROMINENTLY LOCATED SHOP TO LET - 4/5 MARKET STREET

PROMINENTLY LOCATED SHOP TO LET - 4/5 MARKET STREET



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