St Ives

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GRADE II LISTED GROUND FLOOR LOCK-UP SHOP TO LET - 2 MARKET HOUSE, MARKET PLACE, ST IVES

Assignment of existing 9 year lease at a rent of £14,901 per annum.

Grade II Listed building comprising a ground floor lock-up shop situated in Market Place in close proximity to the prime trading location of Fore Street and a short distance from the harbour front.

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 a Grade II Listed Building and is situated in Market Place in close proximity to the prime trading location of Fore Street and is a short distance from the harbour front. Market Place is a popular area with a mix of retail and food outlets with residential above. Nearby occupiers include Moshulu, Jo Downs Glass, Heavenly Feet and Scoff Troff.

DESCRIPTION:
The property comprises a ground floor lock up shop. The property has good lighting and wood flooring throughout with accesses to both the front and rear. There is a shared WC accessed via a separate door at the rear of the property.

ACCOMMODATION: (All dimensions and areas are approximate)

Total Sales area 39.1 m² (421 ft²)

LEASE TERMS:
The premises are available by way of an assignment of the existing 9 year lease commencing 25th March 2015 at a rent of £14,901 per annum payable quarterly in advance. The lease is a proportional full repairing and insuring lease and has 3 yearly rent reviews – the next review is due March 2021.

PREMIUM:
A premium is sought of £15,000.

BUSINESS RATES:
Rateable Value £15,750 (2017 list).

For further information regarding rates payable and eligibility for small business relief contact Cornwall Council.
Tel: 0300 1234171.

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

SERVICES:
We have not tested the services connected to the premises and the ingoing 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.

LEGAL COSTS:
The ingoing assignee to be responsible for the assignor’s and landlord’s reasonable legal costs incurred in the
preparation and execution of the assignment of the lease.

MONEY LAUNDERING REGULATIONS:
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all clients that are conducting property transactions through the Company.

VIEWING:
Viewing arrangements may be made through sole agents Charterwood on (01872) 261216.
Contact Chris Waters – chris@charterwood.com
or Jo Counter – jo@charterwood.com

ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF
Certificate Reference Number: 0920-7250-0390-9910-9094
Report Reference Number: 2799-4012-0509-0900-9095

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