Truro

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THREE STOREY OFFICE BUILDING WITH PARKING FOR SALE OR TO LET - QUAYSIDE HOUSE, NEWHAM QUAY

£400,000 is sought for the freehold interest. An FRI lease is also offered at £30,000 per annum.

The property lies along Newham Road in a popular office location overlooking the Truro River and within walking distance of the city centre. Nearby occupiers include HSBC Bank, Bishop Fleming Accountants and Cornish Mutual Insurance.

LOCATION:
The city of Truro is regarded as the administrative and retail centre for Cornwall and is home to the Cornwall Council head office and the combined Crown and County Court. Truro has a resident population of around 20,000 with an estimated catchment of 191,000 within a 12.5 mile radius.

SITUATION:
The property lies along Newham Road in a popular office location overlooking the Truro River and within walking distance of the city centre. Nearby occupiers include HSBC Bank, Bishop Fleming Accountants and Cornish Mutual Insurance.

DESCRIPTION:
The well-presented office building is arranged on three floors with each floor capable of being separately occupied. The offices are centrally heated and fitted to a good standard with double glazing, perimeter trunking and modern lighting. There is a disabled WC at ground floor level and a separate WC at first floor. Six parking spaces are located at the front of the building and the quayside at the rear offers a boat mooring facility.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground Floor
Reception/lobby 8.2m² ( 88 ft²)
Office space 84.7m² ( 912 ft²)
92.9m2 (1,000 ft2)
Includes two glazed partitioned offices and rear doors overlooking the river.

First Floor
Office 78.7m² ( 847 ft²)
Meeting room 15.0m² ( 161 ft²)
93.7m2 (1,008 ft2)
Balcony overlooking river

Second Floor
Office 61.94m² ( 666 ft²)
Kitchen 5.86m² ( 63 ft²)
67.80m2 ( 729 ft2)
Plus eaves storage of 7.41m² ( 80 ft²)

Two large dormer windows overlooking river.

FREEHOLD:
£400,000 is sought for the freehold interest.

LEASE TERMS:
The premises are also offered on a new full repairing and insuring lease at £30,000 per annum. Consideration would be given to letting each floor individually at the following rents:

Ground Floor £15,000 per annum
First Floor £10,000 per annum
Second Floor £6,000 per annum

LEGAL COSTS:
In the event of a leasehold transaction the ingoing tenant will be responsible for the landlord’s reasonable legal costs incurred in the preparation and execution of the lease.

BUSINESS RATES:
2010 Rateable value £29,750.
Enquiries regarding rates payable should be made with Cornwall Council.
Tel. 0300 1234 171.

SERVICES:
We understand the property is connected to mains electricity and each floor is separately metered. Mains water, drainage and gas are also connected, gas central heating is fitted throughout the premises and a security alarm and fire alarm are fitted.

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

ENERGY EFFICIENCY RATING:
Certificate Reference Number: 9163-3032-0479-0000-2691
Report Reference Number: 0210-0047-6499-3392-6002

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