Situated in a thriving area of Truro city centre, nearby occupiers include Argos, Hubbox, Subway, William IV public house, Piero’s Italian restaurant, Coffee 108, Clive Mitchell Cycles as well as a host of other chains and independent retailers.
A well positioned ‘lock up shop’ benefiting form a generous window frontage.
Schedule Of Accommodation
The shop has an area of:
314.3 Sq ft (29.2 sq m)
WC To the rear.
The shop will be available either by assignment of the existing lease which is on proportional full repairing and insuring terms for 6 years from 24/11/17 at an annual rental of £10,500 per annum payable monthly in advance and subject to a rent review on the third anniversary.
Alternatively consideration will be given to a new lease direct from the landlord on terms to be agreed between Landlord and Tenant.
*Further information available upon request.
A service charge is administered in respect of maintenance of the exterior of the building and common areas. Full details can be supplied on request.
We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £7,700. Under the Governments Covid 19 support measures Business Rates will not be payable on retail premises with a rateable value of less than £51,000 for the tax year 2020/21.
The ingoing lessee to be responsible for the existing lessee’s and landlord’s reasonably incurred legal costs in connection with the transaction.
Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999
General Enquiries 0300-1234-100
Value Added Tax:
All the above prices/rentals are quoted exclusive of VAT, where applicable.
We understand the premises are elected for VAT.
Energy Performance Certificate
The Energy Performance Rating for this property is within Band C (68).
For further information or an appointment to view please contact either:-
Thomas Hewitt on 01872 247025 or via email email@example.com or
Mike Nightingale on 01872 247008 or via email firstname.lastname@example.org
AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.
Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.