Shop for sale

Market Strand, Falmouth, Cornwall, TR11

Offers in Excess of £200,000
509 sq. ft.

Property Description

Commercial information

  • 509 sq ft (47 sq m)

Key features

  • INVESTMENT - LONG LEASEHOLD INTEREST AND 1.7 FREEHOLD OF THE BUILDING IS FOR SALE AT OFFERS IN EXCESS OF 200,000
  • CURRENT SERVICE CHARGE CONTRIBUTION FOR EXTERNAL MAINTENANCE, MANAGEMENT AND INSURANCE IS APPROXIMATELY 1,200 PER ANNUM.
  • NEW FRI LEASE AVAILABLE AT A RENT OF 13,000 PER ANNUM
  • GROUND FLORO SHOP WITH GOOD NATURAL LIGHT
  • ADDITIONAL RETAIL SPACE SITUATED TO THE REAR OF THE PREMISES
  • BASEMENT OFFERS SCOPE FOR FURTHER STORAGE

Full description

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 - 03000 1234171.

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.

VIEWING:
Viewing arrangements may be made through Charterwood.
Contact Chris Waters - chris@charterwood.com
or Jo Counter - jo@charterwood.com

ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 127

Certificate Reference Number: 9900-5998-0369-1200-5090
Report Reference Number: 9519-4000-1996-0590-2891


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Falmouth Town (0.6 mi)
  • Penmere (0.7 mi)
  • Falmouth Docks (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Charterwood Commercial Property Consultants Ltd, Cornwall

17a River Street, Truro, TR1 2SQ

01872 490024 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

  • Falmouth Town (0.6 mi)
  • Penmere (0.7 mi)
  • Falmouth Docks (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Charterwood Commercial Property Consultants Ltd, Cornwall

17a River Street, Truro, TR1 2SQ

01872 490024 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 25820. 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 Charterwood Commercial Property Consultants Ltd, Cornwall. 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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