Restaurant to rent

The Moor, Falmouth, Cornwall, TR11

Let Agreed £4,167 pcm
3,820 sq. ft.

Property Description

Commercial information

  • 3,820 sq ft (354 sq m)

Key features

  • FORMER PREZZO RESTAURANT.
  • FULLY KITTED OUT AS A RESTAURANT WITH KITCHEN, STORES AND TOILETS.
  • AREA OF OUTSIDE COURTYARD MAY ALSO BE AVAILABLE ON A NON-EXCLUSIVE BASIS.
  • NEW LEASE ON A PROPORTIONAL FRI BASIS FOR A TERM TO BE AGREED.
  • RENT OF 50,000 PER ANNUM.
  • WOULD ALSO SUITE RETAIL, OFFICE OR LEISURE USES, SUBJECT TO PLANNING CONSENT.

Full description

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.

The Falmouth For Business website reports Falmouth to have the lowest empty retail unit rate, at 6%, throughout the South West. The town has a good mix of independent and national retailers including Marks and Spencer and niche retailers such as Henri Lloyd and Seasalt.

SITUATION:
The property is situated on The Moor in a busy retailing location popular with independent retailers, estate agents, pubs and restaurants. Nearby occupiers include Wetherspoons, KFC and Falmouth Town Council.

DESCRIPTION:
The premises comprise part of the ground floor of the former Post Office building. The Falmouth Town Council and Information Centre is situated next door. The premises were previously occupied by Prezzo and are fully fitted out as a restaurant with kitchen, stores and toilets. An area of outside courtyard may also be available on a non-exclusive basis.

ACCOMMODATION: (All dimensions and areas are approximate)

Internal width 15.30 m widening to 18.30 m at rear

Depth 23.30 m

Floor Area 355 m? (3,820 ft?)

LEASE:
The property is available on a new lease on a proportional full repairing and insuring basis for a term to be agreed

RENT:
£50,000 per annum.

VAT:
We understand that the property is not registered for VAT.

RATES:
Rateable value £75,500 (2017 List)
Enquiries regarding rates payable should be made with Cornwall Council - 03000 1234171.

LEGAL FEES:
The ingoing tenant will be responsible for the landlord's reasonable legal costs incurred in the preparation and execution of the lease.

SERVICES:
The property is fitted with ceiling mounted air conditioning. We have not tested the services to the premises and the ingoing tenant should carry out their own inspections.

PLANNING:
Interested parties should satisfy themselves that the proposed use complies with the existing planning consent. The property has an established A3 use (Restaurant and Café).

ENERGY EFFICIENCY RATING:

THIS PROPERTY HAS A RATING OF 97
Certificate Reference Number: 0930-1912-0323-6761-4060

VIEWING:
Viewing arrangements may be made through Charterwood.
Contact Stuart Sly - stuart@charterwood.com
or Jo Counter - jo@charterwood.com

or Joint Agent - SBC Property



More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Penmere (0.5 mi)
  • Falmouth Town (0.6 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 490035 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

  • Penmere (0.5 mi)
  • Falmouth Town (0.6 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 490035 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 - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference C4133. 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.

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