3 bedroom commercial property to rentCentral Square, Newquay
£35,000 pa| £2,917 pcm
- High volume central trading location
- Edge of pedestrian precinct in Central Square
- Suit bar/restaurant, or retail shop
- Up to 2300 sq ft Ground floor area
- First floor mezzanine sales 1380 sq ft plus toilets
- 3 bedroom residential flat also available
- New flexible lease, potential to split floors
- Most recently traded as a bar / nightclub
- Fully Refurbished and largely re-built in 2004
Full descriptionSUBSTANTIAL 2 STOREY BAR/RETAIL PREMISES AVAILABLE ON A NEW FLEXIBLE LEASE SITUATED IN THE VERY HEART OF NEWQUAY TOWN CENTRE FRONTING CENTRAL SQUARE
Full width security shutters, opening to:
Entrance Area - 5.74m x 5.28m (18'10 x 17'4) - Internal doors serving as a sound barrier, opening to:
Main Bar/Retail Area - 298 x 6210 - Irregular shaped overall measurements. Currently fitted out for its most recent use as a bar with bar seating and bar servery. Lift to first floor. Large ceiling void with open plan double stairs leading to the first floor with gallery balustrade surround.
To the rear of the ground floor, doors lead to the:
Cellar Area - 4.45m x 7.95m (14'7 x 26'1) - Suitable as cellar/store/kitchen for bar or restaurant use, or for additional retail/storage space on the ground floor.
First Floor -
Main Front Lounge/Seating Area - 29 x 379, plus side area 338 x 87 - Additional bar servery, internal staff stairs to lower floor, and up to residential flat over (excluded from the lease, but could be included at additional cost, if required for integral owners/managers accommodation). Customer stairs to the front of the first floor lead down to an independent door and access off Central Square, allowing the upper floor to be separated and excluded if required.
To the rear of the first floor, doors lead to customer toilets, male, female and disabled. Fire exit stairs and door leading out onto Newquay bus station at the rear.
Residential Flat - On the second floor, accessed from within the commercial premises, or independently from the rear, there is a 3 bedroom residential apartment with a private patio area. The residential element is available to rent along with the commercial premises for an additional rent, or can be retained by the owner and excluded from the lease.
The Lease - The owners seek a commercial tenant for the ground floor (rent adjusted accordingly), ground and first floors, or the entire building including the residential apartment on the basis of a new commercial lease, for a term to be agreed. No ingoing required. Current fit out can be left in situ for use as a bar/restaurant, or stripped out for retail or other uses. Rent free period, summer start and break clause all considered, subject to the applicant and terms.
Business Rates - The 2017 draft valuation indicates a rateable value of £32,500. Billing authority reference:
Epc - Rating D
Report available on request. Certificate no 9215-3053-0075-0000-9801
Retailers - Nearby retailers and operators include Vodafone, Ben & Jerrys, Caf Nero, The Central Inn, The Lighthouse cinema, Fat Face.
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