Confidentially Available
Confidentially Available PROMINENT RESTAURANT PREMISES TO LET GROUND FLOOR RESTAURANT ACCOMMODATION The Old Post Office The Moor Falmouth TR11 3QA 4,037 sq ft (375.0 sq m) net approx
Town Centre location Fronting The Moor Additional outside seating area
The Old Post Office, The Moor, Falmouth Legal Costs
Location Falmouth is a vibrant market town with a resident population of approximately 26,700. With its harbour, beaches and expanding university the population increases significantly during the summer months and term times. The property faces onto the Moor which is a central pedestrianised area close to other retail and leisure occupiers including Wetherspoons, KFC, Loungers, Lloyds Bank. Argos and Phoenix Cinema.
To the rear there is a modern kitchen and preparation area, toilets and a store room. Accommodation
Rent
All measurements are approximate Net Internal Areas. Area
Sq ft
Sq m
Ground Floor Retail
3,997
371.3
40
3.7
4,037
375.0
TOTAL
The property is currently assessed for Business Rates as Restaurant and Premises at £67,500. The proposed Rateable Value from April 2017 is £75,500 Interested parties should make their own enquiries to Cornwall Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.
Services
References/Rental Deposits
We are advised that all main services are connected to the premises and confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
Financial and accountancy references may be sought from any prospective tenant prior to agreement. Prospective tenants may be required to provide a rental deposit subject to landlords’ discretion.
Planning
The restaurant commenced trading in 2008 following comprehensive refurbishment and fit out of part of the ground floor of the former Post Office Building. The accommodation is arranged to provide a large reception/ bar area, inside seating for approximately 110 covers and an external area with potential for a further 24 covers. In addition we understand that, subject to agreement there is potential for further temporary seating on the Moor itself.
On application. Business Rates
Ground Floor Store
Description
Each party is to be responsible for their own legal costs incurred in the transaction.
We understand that the accommodation has planning consent for A3 use but all interested parties should make their own enquiries to the Planning Department of Cornwall Council. Tel: 0300 1234 151 Email: [email protected] Lease The accommodation is offered by way of a new proportional full repairing and insuring sub-lease for a term of years to be agreed. Alternatively, consideration will be given to an assignment of the existing lease interest for a term of 25 years from 26 November 2007.
Energy Performance Certificate The energy performance certificate rating is E (103). The full certificate and recommendations can be provided on request.
The Old Post Office, The Moor, Falmouth The Code for Leasing Business Premises in England and Wales 2007 Please see www.leasingbusinesspremises.co.uk.
Viewing Arrangements For further information or to arrange an inspection, please contact the agents.
Asbestos Regulations It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source. VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent price. We recommend that the prospective tenants/purchasers establish the implications before entering into any agreement.
Alder King Property Consultants High Water House Malpas Road Truro TR1 1QA
www.alderking.com Tom Duncan
Charles Russell– Smith
01872 227005
0117 317 1044
[email protected]
[email protected]
Ref: TPD/Prezo/FM
Ref: TD/85412/Rev 1
Subject to Contract Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office. Important Notice These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.
Date: March 2017
The Old Post Office, The Moor, Falmouth
Town Centre location Fronting The Moor Additional outside seating area
The Old Post Office, The Moor, Falmouth Legal Costs
Location Falmouth is a vibrant market town with a resident population of approximately 26,700. With its harbour, beaches and expanding university the population increases significantly during the summer months and term times. The property faces onto the Moor which is a central pedestrianised area close to other retail and leisure occupiers including Wetherspoons, KFC, Loungers, Lloyds Bank. Argos and Phoenix Cinema.
To the rear there is a modern kitchen and preparation area, toilets and a store room. Accommodation
Rent
All measurements are approximate Net Internal Areas. Area
Sq ft
Sq m
Ground Floor Retail
3,997
371.3
40
3.7
4,037
375.0
TOTAL
The property is currently assessed for Business Rates as Restaurant and Premises at £67,500. The proposed Rateable Value from April 2017 is £75,500 Interested parties should make their own enquiries to Cornwall Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.
Services
References/Rental Deposits
We are advised that all main services are connected to the premises and confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
Financial and accountancy references may be sought from any prospective tenant prior to agreement. Prospective tenants may be required to provide a rental deposit subject to landlords’ discretion.
Planning
The restaurant commenced trading in 2008 following comprehensive refurbishment and fit out of part of the ground floor of the former Post Office Building. The accommodation is arranged to provide a large reception/ bar area, inside seating for approximately 110 covers and an external area with potential for a further 24 covers. In addition we understand that, subject to agreement there is potential for further temporary seating on the Moor itself.
On application. Business Rates
Ground Floor Store
Description
Each party is to be responsible for their own legal costs incurred in the transaction.
We understand that the accommodation has planning consent for A3 use but all interested parties should make their own enquiries to the Planning Department of Cornwall Council. Tel: 0300 1234 151 Email: [email protected] Lease The accommodation is offered by way of a new proportional full repairing and insuring sub-lease for a term of years to be agreed. Alternatively, consideration will be given to an assignment of the existing lease interest for a term of 25 years from 26 November 2007.
Energy Performance Certificate The energy performance certificate rating is E (103). The full certificate and recommendations can be provided on request.
The Old Post Office, The Moor, Falmouth The Code for Leasing Business Premises in England and Wales 2007 Please see www.leasingbusinesspremises.co.uk.
Viewing Arrangements For further information or to arrange an inspection, please contact the agents.
Asbestos Regulations It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source. VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent price. We recommend that the prospective tenants/purchasers establish the implications before entering into any agreement.
Alder King Property Consultants High Water House Malpas Road Truro TR1 1QA
www.alderking.com Tom Duncan
Charles Russell– Smith
01872 227005
0117 317 1044
[email protected]
[email protected]
Ref: TPD/Prezo/FM
Ref: TD/85412/Rev 1
Subject to Contract Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office. Important Notice These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.
Date: March 2017
The Old Post Office, The Moor, Falmouth
