Retail Property (high street) for sale

5a, Bank Street, Newquay, Cornwall

Offers Over £260,000
623 sq. ft.

Property Description

Commercial information

  • Use class orders: A1 Shops

Key features

  • FOR SALE OR TO LET
  • PRIME RETAIL PREMISES
  • LOCATED CLOSE TO CAFFE NERO, VODAFONE, HOLLAND & BARRETT
  • RETAIL SPACE 57.9sq.m ( 623 sq.ft)
  • 2 BED. FLAT AVAILABLE BY SEPARATE NEGOTIATION
  • ENERGY PERFORMANCE ASSET RATING (E)

Full description

A ground floor lock up retail unit located in a prime position within Newquay's pedestrianised Bank Street. The premises which have a retail area of 52.9 sq m (623 sq ft) are offered by way of a new proportional full repairing and insuring lease.
There is an independently accessed two bedroomed flat at second floor level which is in need of refurbishment, it could be utilised as ancillary space and is available by separate negotiation.

Description - A ground floor lock-up retail unit in a prime pitch with nearby occupiers including:- Watershed Surf, The Cornish Bakery, Holland and Barrett, Caffe Nero, New Look, Rowe's Bakers, Peacocks, Superdrug, First Choice Travel, Peacocks and Claire's Accessories.

Schedule Of Accommodation - (All areas and dimensions are approximate)
RETAIL AREA
Width 5.62m (max)
Depth 11.78m
Retail Area 57.9 sq.m (623 sq.ft)
Net Internal Width 5.08m
STORE
5.6 sq.m (60 sq.ft)
WC with wash basin

Upper Parts - A store and flat is located above the property and can be included with the demise if required. The flat includes two bedrooms and open plan lounge/diner and kitchen together with bathroom. Further details are available upon request.

Lease Terms - The premises are offered by way of a new proportional repairing and insuring lease at an initial rental of £27,500 per annum exclusive. The remaining terms are open to negotiation.

Long Leashold Interest - The long leasehold interest in the building is also available. The premises are held under a 999 year lease from 29/06/1981. Offers are sought in excess of £260,000 for this interest.

Legal Costs - The ingoing lessee to bear the landlord's reasonably incurred legal costs in connection with the transaction.

Local Authority - Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Business Rates - We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £25,500. To find out how much business rates will be payable there is a business rates estimator service via the website.

Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Energy Performance Certificate - The Energy Performance Certificate relating to this property is available via our website www.miller-commercial.co.uk by clicking on the property details under the property search screen. It currently has a 'E' rating.

Contact Information - For further information or an appointment to view please contact either:-
Mike Nightingale on 01872 247008 or via email msn@miller-commercial.co.uk or
Tom Smith on 01872 247013 or via email ts@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Newquay (0.5 mi)
  • Quintrell Downs (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Miller Commercial, Truro

Mansion House Princes Street, Truro, TR1 2RF

01872 490012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Newquay (0.5 mi)
  • Quintrell Downs (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Miller Commercial, Truro

Mansion House Princes Street, Truro, TR1 2RF

01872 490012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 27447098. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miller Commercial, Truro. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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