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IMMACULATELY PRESENTED PRIME RETAIL SHOP TO LET - 17 FORE STREET, ST IVES TR26 1AB
Proportion FRI lease within the Landlord and Tenant Act at a rent of £25,000 per annum. |
Immaculately presented retail shop fronting the main cobbled retail street of Fore Street and comprising ground floor shop with traditional retail frontage and open retail space.
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.
SITUATION:
The property is situated fronting the main cobbled retail street of Fore Street close to the junction at Lifeboat Hill/Market Place which leads to the main harbour front. Fore Street is probably one of the best retailing trading areas within Cornwall and is predominantly made up of boutique local traders interspersed with a number of cafes, eateries including pasty shops and a few national clothing stores.
DESCRIPTION:
The property is presented in pristine condition and comprises ground floor shop with good traditional retail frontage and open retail space. To the rear of the property is a stairwell leading to a well-presented storage/office area and toilet facilities.
ACCOMMODATION: (All dimensions and areas are approximate)
Ground floor
Sales 16.4 m² (176 ft²)
Basement
Office/storage 11.4 m² (123 ft²)
Toilet facilities
LEASE DETAILS
The property is offered on flexible terms for a proportional full repairing and insuring lease within the Landlord and Tenant Act 1954 with security of tenure. Consideration would be given, for example, to a lease of nine-years with three yearly rent reviews.
RENT:
£25,000 per annum payable quarterly in advance.
PREMIUM:
Offers sought for the grant of a new lease inside the Landlord and Tenant Act.
BUSINESS RATES:
Rateable Value £15,750 (2023 Rating List).
For further information regarding rates payable, contact Cornwall Council –
Tel: 0300 1234171.
VAT:
We understand that VAT is not payable on the rent.
LEGAL FEES:
The ingoing tenant to be responsible for the Landlord’s reasonable legal fees in dealing with the lease documentation.
SERVICES:
We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.
PLANNING:
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves that consent exists for the proposed use.
VIEWING:
Viewing arrangements may be made through Charterwood on (01872) 261216.
Contact Chris Waters or Rosie Brenton.
ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 76
Certificate Reference Number: 9090-3913-0391-2520-6010
Report Reference Number: 9321-4029-0119-0690-5301
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