A30 Eastbound
A390 - Truro
A3075 - Newquay
A30 Westbound
To Let or For Sale Retail/ Restaurant/ Showroom Chiverton Cross Truro Cornwall TR4 8HS £45,000 per annum or Offers in excess of £1m for the freehold investment Contact our agent:-
Alan Treloar
01872 245604
[email protected] www.vickeryholman.com
SUMMARY •
Showroom in busy location on the A30 at Chiverton Cross available to let
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Alternatively the whole site is available as an investment with potential to let or occupy the showroom
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In close proximity to the petrol filling stations, Starbucks Coffee and HSL Chairs
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May also suit other retail or food uses, subject to statutory consents
Retail/ Restaurant Opportunity, Chiverton Cross, Blackwater, Truro, Cornwall, TR4 8HS.
Ref: 00001
LOCATION The premises are in a high profile location, alongside one of Cornwall’s busiest junctions at Chiverton Cross, approximately 5 miles from Truro. The Chiverton Cross Roundabout is located on the A30, where it intersects with the A390 leading into Truro, the B3277 leading to St Agnes and the A3075 to Newquay. SHOWROOM The two storey car showroom building provides open plan accommodation to the ground floor, with offices and storage to the first floor. Externally this property benefits from 35-40 car parking spaces.
Showroom
The showroom building also benefits from A3 consent (Restaurants and Cafes) and may also suit other retail or food uses, subject to statutory consents. Further information is available here. All areas are approximate and measured in accordance with the RICS Code of Measuring Practice: NIA Ground floor showroom First floor offices First floor storage Total
Sq m 181.0 20.8 81.9 283.7
Sq ft 1,949 224 882 3,055
Showroom
PLANNING Other uses may be permitted subject to any statutory consents, please direct enquiries to Cornwall Council’s planning department for further advice. INVESTMENT Alternatively the site is also available by way of a freehold disposal, subject to and with the benefit of the existing tenancies as follows. Leases are available upon request. The site measure approximately 0.41 Ha (1.02 acres). www.vickeryholman.com Truro Office Walsingham House, Newham Quay, Truro, Cornwall, TR1 2DP
Showroom interior
Vickery Holman supports the aims and objectives of the Code for Leasing Business Premises in England and Wales 2007 which recommends that you seek professional advice before entering into a tenancy agreement. Please refer to www.leasingbusinesspremises.co.uk for further information. Vickery Holman for themselves and for the Vendors or Lessors of the property whose Agents they are, give notice that: 1) The particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute part of, an offer of contract; 2) All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of them; 3) No person in the employment of Vickery Holman has any authority to make or give any representation of warranty in relation to this property. SUBJECT TO CONTRACT 16 August 2017
Retail/ Restaurant Opportunity, Chiverton Cross, Blackwater, Truro, Cornwall, TR4 8HS.
Building Middle building Right hand building Garage to rear
Tenant High Street Ltd (HSL) Daisy Fayes Ltd CNV Motor Services Ltd
Term 10 years from 11th June 2015 10 years from 9th Sept. 2016 10 years from the 20th Sept. 2016
Rent (pa) £17,500 £25,000 £15,000 pa rising to £18,000 pa from the 20th Sept. 2018
Ref: 00001
Break clauses Tenant only on the 5th anniversary Tenant only on the 5th anniversary Tenant only on the 5th anniversary
Rent Reviews On the 5th anniversary On the 5th anniversary On the 5th anniversary
SERVICES It is understood that mains electricity and water are connected to the properties however these services have not been tested by the agents. We understand that drainage is provided by way of a septic tank. Interested parties should make their own enquiries. SERVICE CHARGE Any ingoing tenant will be required to pay a fair proportion towards the costs of any maintenance required to “communal” hard surfaced areas to the front of the site. LEGAL FEES Each party to be responsible for their own legal fees in relation to this transaction.
Showroom interior
EPC Showroom: D (95) Middle Building: F (136) Right hand building: TBC BUSINESS RATES The current rating assessment for the showroom will need to be split. TERMS The showroom premises are available by way of a new lease, or alternatively freehold offers in excess of £1m will be considered for the whole site subject to the lettings.
Middle building
VAT We understand that the property is not VAT elected therefore there is no VAT to pay on the rent or purchase price. All other figures are exclusive of VAT, if applicable. FURTHER INFORMATION AND VIEWINGS For further information or to arrange a viewing please contact the sole agents. Alan Treloar 01872 245604
[email protected] Jenny Petzing 01872 242724
[email protected] www.vickeryholman.com Truro Office Walsingham House, Newham Quay, Truro, Cornwall, TR1 2DP
Right Hand building
Vickery Holman supports the aims and objectives of the Code for Leasing Business Premises in England and Wales 2007 which recommends that you seek professional advice before entering into a tenancy agreement. Please refer to www.leasingbusinesspremises.co.uk for further information. Vickery Holman for themselves and for the Vendors or Lessors of the property whose Agents they are, give notice that: 1) The particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute part of, an offer of contract; 2) All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of them; 3) No person in the employment of Vickery Holman has any authority to make or give any representation of warranty in relation to this property. SUBJECT TO CONTRACT 16 August 2017