Truro

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GROUND FLOOR LOCK UP SHOP TO LET - 22A RIVER STREET, TRURO TR1 2SJ

New flexible proportional FRI lease for a term to be agreed at a rental of £5,000 per annum.

Ground floor lock-up shop situated within River Street very close to the prime retailing location within Truro. River Street benefits from 30-minute son-street parking and comprises good traditional retail frontage.

LOCATION:
Truro is well established as the principal retail centre for the County of Cornwall and provides some of the most attractive and comprehensive shopping in the south-west. In addition, the Cathedral City is the administrative centre for the county with public sector occupiers including Cornwall Council and the combined Crown and County Courts. The city has a resident population of around 20,000 persons but has a catchment population of 265,000 persons which is increasing at an above average rate.

SITUATION:
The property lies within River Street very close to the prime retailing pitch within Truro. The area is predominantly occupied by a mix of regional and local traders with nearby occupiers including the busy Bread and Butter café and bakery on either side of the street, White Stuff, British Red Cross and Trevails – a very busy local mens and ladies outfitters. The Royal Cornwall Museum, which attracts large visitor numbers, is situated in close proximity. River Street benefits from 30-minute on-street parking.

DESCRIPTION:
The ground floor lock-up premises comprises good traditional retail frontage along with shared rear toilet facilities. The premises benefits from LED lighting, new electrical re-wiring and alarm system. The windows currently are all grilled allowing for a safe lock up and leave unit.

ACCOMMODATION:(All dimensions and areas are approximate)
Shop width 3.16 m
Shop depth 5.93 m
Shared WC with neighbour (water bill split 50/50)

Total sales area 18.7 m² (202 ft²)

RENT:
The property is available at an asking rent of £5,000 per annum.

LEASE:
A new flexible proportional full repairing lease is offered for a term to be agreed.

BUSINESS RATES:
Rateable Value £5,100 (4 March 2023 to present).– the property will therefore quality for 100% Small Business Rate Relief subject to the occupier meeting the statutory requirements.

Cornwall Council are the charging authority and enquiries regarding the rates payable should be made with them - Tel: 0300 1234171.

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

SERVICES:
Mains electricity and drainage are connected. There is no mains water running into the property and the WC facilities are shared with the neighbouring property, Endurance Carpets, and their water bill is split 50%.

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 satisfy themselves that their proposed use complies with the existing planning consent.

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

VIEWING:
By appointment through Charterwood on (01872) 261216. Contact Chris Waters or Rosie Brenton.

MONEY LAUNDERING REGULATIONS
In line with The Money Laundering Regulations 2017, Charterwood are obliged to verify ID for all individuals and businesses that are conducting property transactions through the Company.

ENERGY PERFORMANCE CERTIFICATE:
ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 98 WITHIN BAND C (53)
Certificate Reference Number:3006-6981-5788-1273-0227
Report Reference Number:7649-1352-4669-4182-4968

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