Retail Property (high street) to rentVictoria Square, Truro, Cornwall, TR1
517 sq. ft.
- 517 sq ft (48 sq m)
Prime retail unit in Truro city centre.
**Available from July 2018**
Excellent frontage onto Victoria Square, a principle retail location in Truro.
Ground floor unit totalling 571 sq ft.
Nearby occupiers include Fat Face, Monsoon, Whitestuff, Costa, Starbucks, Boots, Argos and Wilko.
Victoria Square is a principle retail destination located in the heart of Truro, the commercial and cultural centre of the county, with a permanent population of over 23,000. The property is located on the North side of Victoria Square close to the junction with River Street and St Nicholas Street. The bus station is approximately a 5 minute walk from the property and the train station 10 minutes.
Nearby retailers include Fat Face, Costa coffee, Starbucks Coffee, Boots Opticians, Mountain Warehouse, Monsoon, Wilko, Whitestuff, Argos.
The property comprises a ground floor retail unit with prominent frontage onto Victoria Square, there is a passage way to the right of the property which leads to River Street, this return frontage provides further branding opportunity.
All areas are approximate and measured in accordance with the RICS Property Measurement (1st Edition).
Ground floor NIA - 53.0 sq m (571 sq ft).
Ground floor ITZA - 44.9 sq m (483 sq ft).
Rent / Price
£36,000 per annum
The premises are available by way of a new lease direct from the landlord with a lease commencement date from July 2018.
From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £28,750 effective from the 1st April 2017 reference 22033159002000. However the unit will need to be reassessed to exclude the upper floors which will reduce the rateable value.
Click here for advice on how to calculate your liability for the current financial year and to see if you might be eligible for any relief (if you qualify for small business relief up to 100% relief may be available).
As a new occupier of premises you have the right to appeal an assessment if it is too high, we have a team of rating advisors who can provide further advice if required.
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
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Each party to be responsible for their own legal fees in relation to this transaction.
All figures quoted are exclusive of VAT is applicable.
More information from this agent
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