Market Strand, Falmouth, Cornwall, TR11

SITUATION:
The property is situated in a busy secondary trading location with eclectic variety of nearby businesses including food outlets, estate agents and retailers. The Prince of Wales Pier and The Moor are in close proximity.

DESCRIPTION:
The ground floor shop is of regular shape and has good natural lighting as a result of a large glazed frontage. The open plan layout of the main space provides good sales accommodation. Additional retail space is situated to the rear of the premises which would equally suit as a kitchen, manager's office or storage. There is also staff accommodation at the rear of the premises which again can be used for storage purposes. The basement offers scope for further storage.

LEASE:
New proportional full repairing and insuring lease available at a rent of £13,000 per annum. Terms to be agreed. Current service charge contribution for external maintenance, management and insurance is approximately £1,200 per annum.

SALE:
Consideration would be given to selling the long leasehold interest and 1/7 freehold of the building at offers in excess of £200,000.

ACCOMMODATION: (All dimensions and areas are approximate)

Net internal width 5.08m
Total Shop depth 11.43m
Main Sales area 32.91m? (354ft?)
Rear Sales 14.38m? (155 ft?)
Staff/Store 8.23m? ( 89ft?)
WC
Basement storage

VAT:
We understand that VAT is not payable on the rental.

RATES:
Rateable value £10,250 (2017 List)
Enquiries regarding rates payable should be made with Cornwall Council - .

SERVICES:
We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.

COSTS:
The tenant will be responsible for the landlord's reasonable costs incurred in the preparation and execution of the legal documentation.

MONEY LAUNDERING REGULATIONS:
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all clients that are conducting property transactions through the Company.

VIEWING:
Viewing arrangements may be made through Charterwood.
Contact Chris Waters -
or Jo Counter -

ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 127 (BAND F)
Certificate Reference Number: 9900-5998-0369-1200-5090
Report Reference Number: 9519-4000-1996-0590-2891