Retail Property (high street) for sale

La Cave Investment, 29 High Street, Falmouth TR11 2AD

£147,500
1,208 sq. ft.

Property Description

Commercial information

  • 1,208 sq ft (112 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • RESTAURANT INVESTMENT
  • PRODUCING 12,000PA
  • NEW 12-YEAR LEASE
  • GOOD LOCAL COVENANT
  • ENERGY PERFORMANCE RATING (E)

Full description

Tenure: Freehold

Accommodation:

Bar Area - 31.4sqm (338sqft)
Restaurant Area - 36.4sqm (392sqft)
Kitchen - 18.5sqm (199sqft)
Total NIA - 86.3sqm (929sqft)

GIA - 112.2sqm (1,208sqft)

Lease Terms:
The investment is available with the benefit of a new 12-year lease with 3-yearly rent reviews and a commencing rent of £12,000pa representing an gross yield of 8.1%.

Tenant:
The current occupier La Cave - Wine bar & Brasserie, has been in occupation and traded successfully for 2-years.

History:
The premises have been occupied as a licenced premises for over 100-years.

Viewings:
To benefit from the full ambiance interested parties are invited to book a table and enjoy a meal at one of Falmouth's best restaurants. If of serious interest an out of hours inspection can be arranged.


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:

Redgrave Commercial, Truro

Lemon House 22 Lemon Street Truro Cornwall TR1 2LS

01872 490006 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:

Redgrave Commercial, Truro

Lemon House 22 Lemon Street Truro Cornwall TR1 2LS

01872 490006 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 LaCave. 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 Redgrave 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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