retail 35 river street truro cornwall tr1 2sj lease available

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ON THE INSTRUCTIONS OF LADBROKES

RETAIL 35 RIVER STREET TRURO CORNWALL TR1 2SJ LEASE AVAILABLE *A1/A2 PLANNING*

LOCATION Truro is the primary centre for retail, leisure and administration in Cornwall, with a population of approximately 200,000. The subject property is located on River Street which is situated close to the prime retail area of Pydar Street. Nearby occupiers include Boots Opticians, Specsavers, CEX and Weird Fish.

ACCOMMODATION The approximate net internal areas and dimensions are: Gross Frontage Internal Width (max) Shop Depth (max) Ground Floor Sales Ground Floor Ancillary First, Second and Third Floor offices

6.9 m 6.60 m 10.38 m 53.33 m² 22.85 m²

(22’ 6’’) (21’ 6’’) (34’) (574 ft²) (246 ft²)

LEASE An existing 10 year effectively full repairing and insuring lease to expire 31st October 2023. The first, second and third floors have been sublet until 12th October 2019 at the rent of £9,750 per annum. There is a rent review due on 1st November 2018. RENT £50,000 per annum exclusive. PREMIUM Nil. PLANNING It is understood that the premises benefit from an A2 (financial and professional services) planning consent although can also be used for A1 (retail). RATES According to the Valuation Office website the premises are assessed as follows:Rateable Value Rate in the £ Rates Payable

£46,250 49.7p (2016/2017) £22,986.25

For verification purposes and phasing/transitional relief, if appropriate, interested parties are advised to make their own enquiries on www.voa.gov.uk. LEGAL COSTS Each party to bear their own costs incurred in the transaction. VAT All figures within these terms are exclusive of VAT where applicable. EPC An EPC is attached. VIEWING Strictly by prior appointment through: Steve Cullis - ([email protected]) or Stuart Williams - ([email protected]) at this office FURTHER INFORMATION For all details of properties marketed by this firm, please visit www.wghproperty.co.uk SUBJECT TO CONTRACT

MAY 2016