RETAIL
TO LET
St. Austell PRIME RETAIL OPPORTUNITY Unit 12b Fore Street St Austell PL25 5EN Ground floor retail 463 ft² (43.02m²) First Floor Ancillary/Storage and Partial Basement
Unit 12b, Fore Street, St. Austell, PL25 5EN Location St. Austell is located on the south Cornwall coast approximately 14 miles north-east of Truro and 38 miles west of Plymouth. St. Austell is the second largest urban centre in Cornwall in terms of population. This number significantly increases with the influx of tourists in the summer season.
further storage accommodation off a half landing to the rear. At first floor level there is a single ancillary office/ storage/staff area and also toilets. There is a hatch within the ground floor which leads to a basement running under the front of the property but which has limited headroom. Accommodation
The property is situated in a prime position on the pedestrianised Fore Street. Nearby occupiers include a mixture of local and national covenants. These include Fone Care, HSBC Bank, British Heart Foundation, Malcolm Barnicutt Bakery and May Whetter and Grose Estate Agents. The property is listed and lies within a Conservation Area.
All measurements are approximate Net Internal Areas. Area
Sq ft
Sq m
Ground floor retail
463
43.02
Ground floor ITZA
350
32.56
Ground floor—storage
32
3.0
Ground floor –rear storage
76
7.03
Basement storage
142
13.2
First floor ancillary/office/staff
385
35.73
1,098
101.98
TOTAL Services
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. Terms Description The property comprises part of a three storey plus basement mid terrace building which has been split to provide two shops and a flat. 12b comprises a ground floor shop with a small rear storage/office area and
The property is available on a new proportional full repairing and insuring lease on terms to be agreed. Rent £10,000 per annum exclusive of VAT
Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction. Business Rates We understand from enquiries made of the Valuation Office Agency website www.voa.gov.uk that the retail property is currently assessed for non-domestic rating purposes with a rateable value of £16,240. However the proposed revised assessment for April 2017 onwards is £8,500. Interested parties should make their own enquiries to the local rating authority, Cornwall Council, on 0300 1234 171, or Email
[email protected] to ascertain the exact rates payable. References/Rental Deposits 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. Energy Performance Certificate The building is listed and an EPC is not required.
Unit 12b, Fore Street, St. Austell, PL25 5EN The Code for Leasing Business Premises in England and Wales 2007 Please see www.leasingbusinesspremises.co.uk.
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.
Viewing Arrangements For further information or to arrange an inspection, please contact the agents. Alder King Property Consultants High Water House Malpas Road Truro TR1 1QH
VAT
www.alderking.com
Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent/Sale price. We recommend that the prospective tenants/purchasers establish the implications before entering into any agreement.
Tom Duncan 01872 227005
[email protected] 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.
Ref: TD/84578 Rev 2 Date: January 2017
Unit 12b, Fore Street, St. Austell, PL25 5EN