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PRIME RETAIL UNIT EXCELLENTLY PRESENTED - NANNAS, FORE STREET, EAST LOOE
Offers are sought for the lease in the sum of £5,000. |
Situated in the prime trading location on the highly sought after Fore Street.
LOCATION:
Looe is one of the most popular and busiest holiday resorts in the south west. Famous for its stunning beautiful fishing port and harbour in addition to its quaint narrow streets and sandy beach the harbour town is extremely popular during the summer season but also benefits from tourist trade throughout the year. 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 in a prime trading location midway along the highly sought after Fore Street. Situated opposite the car park with other nearby occupiers including Whistlefish, Boots, Coop and Lloyds.
DESCRIPTION:
The well-presented shop has excellent traditional retail frontage on to Fore Street with good natural light. The shop benefits from a regular shape with an additional small store and toilet facilities.
ACCOMMODATION: (All dimensions and areas are approximate)
Total retail floor area 37.8m² (406ft²)
Shop width approx. 4.15 metres
Shop depth approx. 8.83 metres
Store 7.5m² (81ft²)
Toilet facilities
LEASE DETAILS
The property is occupied under a 10 year lease commencing 19th October 2012 i.e. approx 6 years unexpired. The passing rent is £12,000 per annum payable quarterly in advance whilst the lease incorporates 3 yearly rent reviews – next rent review is 19th October 2018.
PREMIUM:
Offers are sought for the lease in the sum of £5,000 (Five Thousand Pounds).
BUSINESS RATES:
Rateable Value £9,600 (2010 list). £12,000 (proposed 2017 list)
For further information regarding rates payable, contact Cornwall Council –
Tel: 0300 1234171.
VAT:
Figures are quoted exclusive of VAT where applicable.
LEGAL FEES:
The purchaser to be responsible for the tenants reasonable legal fees in dealing with the transaction.
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 Jo Counter.
ENERGY EFFICIENCY RATING - 88
Certificate Reference Number: 9395-3021-0860-0400-0071
Report Reference Number: 0030-0446-9809-5271-0002
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