Retail Property (high street) to rentGround Floor, 11, Market Place, Penzance
1,964 sq. ft.
- Use class orders: A1 Shops
- RETAIL PREMISES
- CENTRAL LOCATION
- SPACIOUS SALES AREA - AMPLE STORAGE
- ENERGY PERFORMANCE ASSET RATING - NOT REQUIRED
A ground floor retail premises located in a good trading pitch in the historic town of Penzance. The premises benefit from a spacious retail area configured in an L shape while the lower ground floor offers ample storage space. Other occupiers nearby include The Linen Cupboard, The Co-operative, Clarks Shoes and Dorothy Perkins. The premises are offered with the benefit of a new proportional FRI lease. Incentives are available for new tenants to assist with their fit out costs.
Location - Penzance is West Cornwall's principal shopping town and benefits from good transport links to the A30 and national rail network. Other occupiers nearby include The Linen Cupboard, The Co-operative, Clarks Shoes and Dorothy Perkins.
Property - The premises benefit from a spacious retail area configured in an 'L' shape whilst the lower ground floor offers ample storage space. In addition there is forecourt sales space adjoining the pavement.
Schedule Of Accommodation - Ground Floor
Main Sales Area - 53.7sqm (578sqft)
Rear Sales Area - 26.2sqm (282sqft)
Store - 8.9sqm (94sqft)
Store - 93.8sqm (1,010sqft)
NB - Upper parts are available by by of separate negotiation.
Total - 182.6Sqm (1,964Sqft) -
Lease Terms - The premises are offered with the benefit of a new proportional FRI lease at an initial rental of £10,000 per annum exclusive for the first year rising to £15,000 per annum thereafter based on a six year lease.
Legal Costs - The ingoing tenant is to bear the Landlord's reasonable legal costs in connection with the transaction, whether the matter proceeds to completion or otherwise.
Local Authority - Cornwall Council
General Enquiries 0300-1234-100
Business Rates - We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £19,000. To find out how much business rates will be payable there is a business rates estimator service via the website.
Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999
Vat - All the above prices/rentals are quoted exclusive of VAT, where applicable.
Energy Performance Certificate - We are advised an Energy Performance Certificate is not required for this property.
Contact Information - For further information or an appointment to view please contact Mike Nightingale on 01872 247008 or via email firstname.lastname@example.org.
PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.
AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.
Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.
VIEWING: Strictly by prior appointment through Miller Commercial.
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