Well Lane, Falmouth, Cornwall, TR11

LOCATION:
Falmouth is one of the County's leading holiday resorts with an increasingly long season, situated approximately 12 miles south west of Truro. The town has a resident population of around 28,000 persons which increases considerably during the summer months, partly due to its strong maritime history which makes Falmouth a very popular venue for yachting and dinghy racing events. The area also has a significant student population with the main hub site for the Combined University of Cornwall located in the neighbouring town of Penryn accommodating 5,000 students.

SITUATION:
The property is located just off Church Street, one of the main retailing locations within the town and in close proximity to Market Street historically the prime retail area housing national retailers including Boots, Costa and W. H Smith. Church Street has attracted a mixture of established regional and local traders interspersed with national outlets and is now highly sought after. Well Lane is a busy thoroughfare connecting Church Street to the very busy Well Lane car park.

DESCRIPTION:
The property is situated fronting Well Lane, leading to one of the main shoppers car parks, and comprises a ground floor shop with additional first floor sales/stock room and WC. A motorized security grille is fitted above the shop window.

LEASE:
New proportional full repairing and insuring lease available at a rent of £12,500 per annum.

ACCOMMODATION: (All dimensions and areas are approximate)

Ground Floor:

Retail Sales: Internal width 3.86 m²
Shop depth 4.67 m²
Sales area 17.13 m² (184 ft²)


First Floor: Sales/Stock 12.51 m² (135 ft²)
WC

VAT:
The property is not registered for VAT.

RATES:
Rateable value £6,000 (1 April 2023 to present)

For further information regarding rates payable and eligibility for small business relief contact Cornwall Council.
Tel: .

SERVICES:
We understand that mains water, electricity and drainage are connected to the premises. 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:
By appointment through Charterwood on . Contact Chris Waters or Rosie Brenton.

ENERGY EFFICIENCY RATING:

THIS PROPERTY HAS D RATING OF D (78)

Certificate Reference Number: 5556-0453-6547-7863-6173
Report Reference Number: 8749-5060-7688-1790-3447