Retail Property (high street) to rentFore Street, St. Austell
Let Agreed £7,950 pa| £663 pcm
- Main Street Location
- Just Under 22 sq m Retail
- Good Front Display Window
- Close to Car Park
Full descriptionSUBJECT TO A RECENT BUSINESS RATE REDUCTION With St Austell's main post office now relocated into W H Smith just a few yards from the premises an excellently situated a lock up retail shop with good display frontage. The Crown Post Office offers an extensive range of services and will undoubtedly increase the pedestrian footfall in the centre of the town benefitting the position of this unit.
Location - SUBJECT TO A RECENT BUSINESS RATE REDUCTION
St Austell is the largest town in Cornwall approximately 40 miles from Plymouth and 14 miles from Truro. The town benefits from mainline rail services plus good road communications served by the A390. St Austell ia approximately 6 miles from the A30 trunk road - the primary route linking Cornwall and the M5 motorway.
The subject premises are situated on Fore Street, St Austell's main shopping street. National retailers nearby include Subway, H Samuels jewellers, SpecSavers, WH Smith & Boots. It offers an excellent trading position ideally suited to take advantage of the town's increasing footfall. St Austell town centre offers a wide range of shopping facilities. With St Austell's main post office relocating into W H Smith just a few yards from the premises and continuing to offer an extensive range of services this will undoubtedly increase the pedestrian footfall in the centre of the town benefitting the position of this unit.
Retail Shop - Offering just under 22 sq m of retail space.
The shop benefits from a good size front display window onto Fore Street to the side of which is a glazed entrance door.
Currently the walls are lined with "slatwall" boarding and with a suspended ceiling with lighting.
To the rear are storage areas and a small W.C.
Tenure - LEASEHOLD - £7,950 Per annum with new lease available and terms to be agreed.
Services - We understand that mains electricity and water are available or connected to the property. However we have not tested or checked for connections to the site and advise that all interested parties make their own enquiries of the appropriate statutory authorities.
Planning - The premises were previously occupied by a retail outlet but applicant should make their own investigations as to the suitability of planning for their own use. Planning Office, Cornwall Council,
Penwinnick Road, St Austell, PL25 5DR. Tel 0300 1234 151.
Rateable Value - We understand that the property is shown in the 2010 Rating assessment as having a rateable value of £8,500. We would refer you to the Valuation Office website www.voa.gov.uk or make your enquiries with the local billing authority at Cornwall Council, Penwinnick Road, St Austell, PL25 5DR. Telephone 0300 1234 171.
The Business Rate Department advise - should prospective tenants qualify for Small Business Rate Relief they would receive approximately 58 percent rate relief through the Small Business Rate Relief scheme.
Vat - All figures within these terms are exclusive of VAT at the prevailing rates where applicable. Under the Finances Act 1989 and 1997 VAT may be levied on the sale price. We recommend that interested parties establish the VAT implications before entering into any agreement.
Legal Costs - All interested parties are responsible for their own legal fees and may be required to contribute to the owner/landlords fees.
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