Bank Street
Prime Retail Unit to Let Subject to vacant possession
9
Bank Street
Newquay, Cornwall, TR7 1EG
LOCATION Newquay is a popular town situated on the north coast of Cornwall, supporting a district population of approximately 95,000. The town is a popular tourist destination and gets very busy during the summer months. Fistral beach, which is situated in the town, is an internationally renowned surf spot and the town itself offers a busy high street and vibrant nightlife. The town is located circa 15 miles north of Truro, circa 15 miles north-west of St Austell and is well served by the A30, A39, A392 and A3059 trunk roads. The A30 has received significant investment over recent years and has improved the drive time between Exeter and Penzance. Newquay train station connects with nearby Par, which provides a main line service to London Paddington. The currently expanding Cornwall Airport Newquay is approximately 5 miles from the town centre and provides regular flights throughout the UK and to an increasing number of European destinations.
9 Bank Street, Newquay, Cornwall TR7 1EG
Newquay
50 metres Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS 100019885
9 Bank Street, Newquay, Cornwall TR7 1EG
Experian Goad Plan Created: 22/02/2017 Created By: Miller Commercial LLP For more information on our products and services: www.experian.co.uk/goad | [email protected] | 0845 601 6011
SITUATION The property is situated within the prime retail pitch on Bank Street which is the town’s principal pedestrianised thoroughfare. Retailers located close by include Boots the Chemist, Superdrug, WHSmith, Poundland, Peacocks, Costa Coffee, Café Nero, Natwest, Holland & Barrett and New Look. At either end of Bank Street are many of the branded fashion stores including Billabong, White Stuff, Fat Face, Togg and Henri Lloyd together with the traditional seaside tourist shops, bars, cafes and restaurants. There are currently no shopping centres or out of town retail parks in Newquay and therefore the retail provision is focused within the town centre itself.
DESCRIPTION The property comprises a period, three storey retail premises formerly occupied by a national bank. Internally the unit provides well configured ground floor sales accommodation, with good quality ancillary/office accommodation arranged over the first and second floors. The unit provides male and female WC’s and a kitchenette area.
9 Bank Street, Newquay, Cornwall TR7 1EG
ACCOMMODATION The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) on a Net Internal Basis (NIA) and provides the following approximate areas;
Description
Sq ft
Ground Floor Sales
1,461
ITZA 782 Ground Floor Ancillary
152
Basement 69 First Floor Ancillary
1,158
Second Floor Ancillary
1,023
Total
3,863
Planning The unit currently benefits from A1 (shops) and A2 (financial and professional services) planning consents. We are however of the opinion that the unit could suit other uses, for example restaurant/leisure, subject to obtaining the necessary planning consent.
9 Bank Street, Newquay, Cornwall TR7 1EG
Lease Terms The property is available by way of a new full repairing and insuring lease on terms to be agreed.
Rent £50,000 per annum exclusive of rates, outgoings and VAT (if applicable).
Business Rates Rates Draft rateable value 2017
£42,750
UBR (2017/18)
tbc
Rates payable
tbc
Interested parties should verify these figures with the valuation office (www.gov.uk).
9 Bank Street, Newquay, Cornwall TR7 1EG 110 Market Jew Street, Penzance, Cornwall, TR18 2LE
EPC
FURTHER INFORMATION
The property has an EPC rating of D82.
VAT The quoted rent is exclusive of VAT.
Legal Costs All parties to bear their own legal costs associated with this transaction.
For further information or to arrange a viewing, please contact the sole agents. Laura Gardner MILLER COMMERCIAL Tel: 01872 247 032 [email protected] Thomas Hewitt Miller Commercial Tel: 01872 247 025 [email protected]
9
Bank Street
Newquay, Cornwall, TR7 1EG
LOCATION Newquay is a popular town situated on the north coast of Cornwall, supporting a district population of approximately 95,000. The town is a popular tourist destination and gets very busy during the summer months. Fistral beach, which is situated in the town, is an internationally renowned surf spot and the town itself offers a busy high street and vibrant nightlife. The town is located circa 15 miles north of Truro, circa 15 miles north-west of St Austell and is well served by the A30, A39, A392 and A3059 trunk roads. The A30 has received significant investment over recent years and has improved the drive time between Exeter and Penzance. Newquay train station connects with nearby Par, which provides a main line service to London Paddington. The currently expanding Cornwall Airport Newquay is approximately 5 miles from the town centre and provides regular flights throughout the UK and to an increasing number of European destinations.
9 Bank Street, Newquay, Cornwall TR7 1EG
Newquay
50 metres Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS 100019885
9 Bank Street, Newquay, Cornwall TR7 1EG
Experian Goad Plan Created: 22/02/2017 Created By: Miller Commercial LLP For more information on our products and services: www.experian.co.uk/goad | [email protected] | 0845 601 6011
SITUATION The property is situated within the prime retail pitch on Bank Street which is the town’s principal pedestrianised thoroughfare. Retailers located close by include Boots the Chemist, Superdrug, WHSmith, Poundland, Peacocks, Costa Coffee, Café Nero, Natwest, Holland & Barrett and New Look. At either end of Bank Street are many of the branded fashion stores including Billabong, White Stuff, Fat Face, Togg and Henri Lloyd together with the traditional seaside tourist shops, bars, cafes and restaurants. There are currently no shopping centres or out of town retail parks in Newquay and therefore the retail provision is focused within the town centre itself.
DESCRIPTION The property comprises a period, three storey retail premises formerly occupied by a national bank. Internally the unit provides well configured ground floor sales accommodation, with good quality ancillary/office accommodation arranged over the first and second floors. The unit provides male and female WC’s and a kitchenette area.
9 Bank Street, Newquay, Cornwall TR7 1EG
ACCOMMODATION The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) on a Net Internal Basis (NIA) and provides the following approximate areas;
Description
Sq ft
Ground Floor Sales
1,461
ITZA 782 Ground Floor Ancillary
152
Basement 69 First Floor Ancillary
1,158
Second Floor Ancillary
1,023
Total
3,863
Planning The unit currently benefits from A1 (shops) and A2 (financial and professional services) planning consents. We are however of the opinion that the unit could suit other uses, for example restaurant/leisure, subject to obtaining the necessary planning consent.
9 Bank Street, Newquay, Cornwall TR7 1EG
Lease Terms The property is available by way of a new full repairing and insuring lease on terms to be agreed.
Rent £50,000 per annum exclusive of rates, outgoings and VAT (if applicable).
Business Rates Rates Draft rateable value 2017
£42,750
UBR (2017/18)
tbc
Rates payable
tbc
Interested parties should verify these figures with the valuation office (www.gov.uk).
9 Bank Street, Newquay, Cornwall TR7 1EG 110 Market Jew Street, Penzance, Cornwall, TR18 2LE
EPC
FURTHER INFORMATION
The property has an EPC rating of D82.
VAT The quoted rent is exclusive of VAT.
Legal Costs All parties to bear their own legal costs associated with this transaction.
For further information or to arrange a viewing, please contact the sole agents. Laura Gardner MILLER COMMERCIAL Tel: 01872 247 032 [email protected] Thomas Hewitt Miller Commercial Tel: 01872 247 025 [email protected]
