For Sale 999 Year Lease

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3 Higher Market Street, Penryn, TR10 8ED

strattoncrebercommercial.co.uk

For Sale 999 Year Lease Viewing by prior appointment with George Cousins

3 Higher Market Street, Penryn, TR10 8ED £45,000 Long Leasehold (970 years remaining) Vacant ground floor retail shop Retail Area 599.74 sq ft (55.70 sq m) Prominent position in town centre

(01872) 261028 [email protected]

strattoncrebercommercial.co.uk

3 Higher Market Street, Penryn, TR10 8ED

strattoncrebercommercial.co.uk

Location & Description Penryn is one of Cornwall’s most ancient towns and has been designated as an important conservation area. It has retained a large amount of its heritage with a large proportion of its buildings dating back to Tudor, Jacobean and Georgian times. Although latterly overshadowed by nearby Falmouth, Penryn was once an important harbour in its own right throughout the medieval period exporting granite and tin.

Planning Potential tenants are advised to make their own enquiries to West 1, Planning and Regeneration, Cornwall Council, St Clare, Penzance TR18 3QW, Tel: 0300 1234 151, Email: [email protected]

VAT

In 2004 Penryn became a university town and, since then, the campus has grown considerably with increased student accommodation and new excellent teaching areas.

Under the Finances Acts 1989 and 1997, VAT may be levied on the Sale price. We recommend that the prospective purchasers established the VAT implications before entering into any agreement.

This property is in an area with a high level of surviving historic buildings some of which have been converted to retail and/or other commercial use.

Energy Performance Certificate (EPC)

Retail Accommodation

Legal Costs

The retail unit is accessed by a glazed door. Display window.

Each party to bear their own legal costs incurred in the transaction. However, if the purchaser aborts the transaction for any reason then they will be responsible for the seller’s legal costs.

Measurements taken from VOA website: Floor Description Sq M Ground Retail Zone A 21.30 Ground Workshop 13.20 Ground Internal Storage 21.20 Total 55.70

The property have been rated E103

Sq Ft 229.27 142.08 228.19 599.54

Asking Price £45,000 Long Leasehold from 23rd October 1987 for 999 years. There are 970 years remaining.

Rateable Value The rateable value for the retail unit is £3,900 pa. Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable. Cornwall Council, Carrick House, Pydar Street, Truro, TR1 1EB, Tel: 01872 224397, Email: [email protected] or enquiries can be made online at the VOA website www.voa.gov.uk

Truro Office Compass House, Truro Business Park, Threemilestone, Truro, TR4 9LD Tel: 01872 261028 Fax: 01752 221655

Stratton Creber Commercial for themselves and for the Vendors or Lessors of the property whose Agents they are, give notice that: i. 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 or contract; ii. All descriptions, dimensions, reference to condition and necessary permissions 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 each of them; iii. No person in the employment of Stratton Creber Commercial has any authority to make or give any representation of warranty in relation to this property.

3 Higher Market Street, Penryn, TR10 8ED

strattoncrebercommercial.co.uk

For Identification Purposes Only

Stratton Creber Commercial for themselves and for the Vendors or Lessors of the property whose Agents they are, give notice that:

Truro Office Compass House, Truro Business Park, Threemilestone, Truro, TR4 9LD Tel: 01872 261028 Fax: 01752 221655

i. 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 or contract; ii. All descriptions, dimensions, reference to condition and necessary permissions 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 each of them; iii. No person in the employment of Stratton Creber Commercial has any authority to make or give any representation of warranty in relation to this property.