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Investments Commercial for sale / Freehold

£325,000 Asking price

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Investment Opportunity, 15 New Bridge Street, Truro, Cornwall

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Overview

  • COMMERCIAL INVESTMENT OPPORTUNITY
  • ATTRACTIVE THREE STOREY BUILDING OF TRADITIONAL CONSTRUCTION
  • PRODUCING £17,000 PER ANNUM EXCLUSIVE
  • LET ON A SIX YEAR LEASE EXPIRING IN 2026
  • THE PROPERTY IS NOT VAT ELECTED
  • ENERGY PERFORMANCE ASSET RATING – E (109)

Number 15 is an historic building which is principally of stone construction with a pitched hipped slate roof. The building includes a gated courtyard to the side which has a slate finish and provides outside seating for the cafe and access to the building. The ground floor comprises a cafe with open plan kitchen off and prep. room behind. To the side of the main building is a smaller two storey structure which includes a WC at ground floor level with stairwell to the rear and a small treatment room above which is accessed of a large open plan first floor function room. The second floor is given over to customer wc’s, staff facilities and a spacious office.

C42313 LOCATION: 
New Bridge Street is one of the specialist retailing areas of Truro and includes a good mix of independent retailers, health and beauty outlets, specialist shops, cafe’s and bars with professional services.  The street is situated close to the Shoppers Car Park and the rest of the City Centre.
PREMISES: 
Number 15 is an historic building which is principally of stone construction with a pitched hipped slate roof. The building includes a gated courtyard to the side which has a slate finish and provides outside seating for the cafe and access to the building. The ground floor comprises a cafe with open plan kitchen off and prep. room behind. To the side of the main building is a smaller two storey structure which includes a WC at ground floor level with stairwell to the rear and a small treatment room above which is accessed of a large open plan first floor function room. The second floor is given over to customer wc’s, staff facilities and a spacious office.
SCHEDULE OF ACCOMMODATION: 
All areas are approximate and based on Net Internal Area.Ground Floor –  900 sq.ft (83.6 sq.m)includes seating area, kitchen and prep. room plus WCFirst Floor – 791 sq.ft (73.5 sq.m)includes main function room with separate room offSecond Floor – 279 sq.ft (25.9 sq.m)includes staff room and office plus customer gents and ladies wc’s & plant room.Outside – Courtyard area with external seating.
TENURE: 
The premises are offered freehold subject to and with the benefit of a lease which is on full repairing and insuring terms limited by way of a schedule of condition for a term of 6 years expiring on 17/06/2026 and includes a tenant only break option on 01/08/2023 subject to not less than six months’ notice. The passing rental is £17,000 per annum and this is subject to review in August 2023. Full details are available upon request. 
VAT: 
All the above prices/rentals are quoted exclusive of
VAT. 
LOCAL AUTHORITY: 
Cornwall Council

General Enquiries 0300-1234-100

Planning 0300-1234-151
www.cornwall.gov.uk 
ENERGY PERFORMANCE CERTIFICATE: 
The Energy Performance Rating for this property is E (109). 

CONTACT INFORMATION: 
For further information or an appointment to view please contact either:- 

Mike Nightingale on 01872 247008 
Email msn@miller-commercial.co.uk

or
Will Duckworth on 01872 247034
Email wd@miller-commercial.co.uk

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

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Mike Nightingale Partner View Profile

Call: 01872 247008
Email: msn@miller-commercial.co.uk

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