South Quay, Padstow, Cornwall, PL28
£7,500 pcm
£90,000 pa
£96.46 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
933 sq ft
87 sq m
- SECTOR
High street retail property to lease
Lease details
- Lease available date:
- Ask agent
Key features
- SITUATED IN POSSIBLY THE BEST TRADING PITCH WITHIN THE TOWN
- RENT - £90,000 PER ANNUM FOR BOTH UNITS OR POTENTIALLY £50,000 PER ANNUM FOR EACH UNIT INDIVIDUALLY
- CONSIDERATION WOULD BE GIVEN TO DIVIDING THE PREMISES AND LETTING TWO SMALLER INDIVIDUAL SHOPS.
- THE PROPERTY CANNOT BE USED FOR THE SALE OF HOT FOOD OR DRINKS
- NEW PROPORTIONAL FRI LEASE INSIDE THE LANDLORD AND TENANT ACT 1954
- PREMIUM OFFERS ARE SOUGHT FOR THE GRANT OF A NEW LEASE(S)
- ALL FIGURES QUOTED ARE EXCLUSIVE OF VAT WHERE APPLICABLE
- IN GOING TENANT TO BE RESPONSIBLE FOR THE LANDLORD'S LEGAL FEES INCURRED IN THE PREPARATION AND EXECUTION OF THE LEASE
- ENERGY PERFORMANCE ASSET RATING OF 35 LYING WITHIN BAND B
Description
LOCATION:
Padstow lies on the north coast of Cornwall on the western side of the Camel Estuary approximately 7 miles west of Wadebridge. The town has a resident population of 2,993 (2011 Census). The town is popular with day visitors during the holiday season due to its interesting range of shops, its reputation for restaurants, more particularly Rick Stein's and Paul Ainsworth's restaurants, together with features such as the harbour, ferry to Rock and the Camel Trail cycle path to Wadebridge and Bodmin. It is one of the busiest holiday destinations in the Country.
SITUATION:
The premises are situated within the heart of the town in a prime trading spot. Overlooking the Harbour and adjacent to the Bandstand, where visitors congregate to eat their pasties and watch the world go by, the property is in the hub of the town close to all restaurants, shops and car parks.
DESCRIPTION:
The property presently offers one of the larger retail trading areas in town and is presented in immaculate condition ready for immediate trading. There is a toilet facility, with additional plumbing available to create further facilities, along with small rear storage. Character retail windows are located either side of the wide central doorway which provides additional natural light and, together, the property benefits from its extensive frontage onto the Quay.
Consideration will be given to dividing the retail units into two smaller self-contained outlets with toilet facilities and its own retail frontage.
The property cannot be used for the sale of hot food or drinks.
ACCOMMODATION: (All dimensions and areas are approximate)
Maximum width 10.56 m
Maximum depth 5.4 m
Total retail area 86.7 m² (933 ft²)
Toilet facility and small store
Consideration will be given to dividing the premises to two smaller units with a shared recessed access.
LEASE TERMS:
The unit is available on a new proportional full repairing and insuring lease inside the Landlord and Tenant Act 1954.
RENT:
£90,000 per annum for both units or potentially £50,000 per annum for each unit individually.
PREMIUM:
This unique opportunity to take a large retail unit in Padstow rarely arises. Premium offers are sought for the grant of a new lease(s).
RATES:
Rateable Value Unit 4 - 1st April 2023 - £19,250
Rateable Value Unit 6 - 1st April 2023 - £20,000
For further details on rates payable contact Cornwall Council on .
VAT:
All figures quoted are exclusive of VAT where applicable.
COSTS:
The ingoing tenant to be responsible for the Landlord's legal fees incurred in the preparation and execution of the lease.
SERVICES
Mains electricity, metered water and drainage are connected. We have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.
MONEY LAUNDERING REGULATIONS
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all clients and prospective tenants/purchasers that are conducting property transactions through the Company.
ENERGY EFFICIENCY RATING
THIS PROPERTY HAS A RATING OF B (35)
Certificate Reference Numbers: 2753-5746-2008-2873-3151
Property Reference Number: 9652-8017-2781-2846-4005
Padstow lies on the north coast of Cornwall on the western side of the Camel Estuary approximately 7 miles west of Wadebridge. The town has a resident population of 2,993 (2011 Census). The town is popular with day visitors during the holiday season due to its interesting range of shops, its reputation for restaurants, more particularly Rick Stein's and Paul Ainsworth's restaurants, together with features such as the harbour, ferry to Rock and the Camel Trail cycle path to Wadebridge and Bodmin. It is one of the busiest holiday destinations in the Country.
SITUATION:
The premises are situated within the heart of the town in a prime trading spot. Overlooking the Harbour and adjacent to the Bandstand, where visitors congregate to eat their pasties and watch the world go by, the property is in the hub of the town close to all restaurants, shops and car parks.
DESCRIPTION:
The property presently offers one of the larger retail trading areas in town and is presented in immaculate condition ready for immediate trading. There is a toilet facility, with additional plumbing available to create further facilities, along with small rear storage. Character retail windows are located either side of the wide central doorway which provides additional natural light and, together, the property benefits from its extensive frontage onto the Quay.
Consideration will be given to dividing the retail units into two smaller self-contained outlets with toilet facilities and its own retail frontage.
The property cannot be used for the sale of hot food or drinks.
ACCOMMODATION: (All dimensions and areas are approximate)
Maximum width 10.56 m
Maximum depth 5.4 m
Total retail area 86.7 m² (933 ft²)
Toilet facility and small store
Consideration will be given to dividing the premises to two smaller units with a shared recessed access.
LEASE TERMS:
The unit is available on a new proportional full repairing and insuring lease inside the Landlord and Tenant Act 1954.
RENT:
£90,000 per annum for both units or potentially £50,000 per annum for each unit individually.
PREMIUM:
This unique opportunity to take a large retail unit in Padstow rarely arises. Premium offers are sought for the grant of a new lease(s).
RATES:
Rateable Value Unit 4 - 1st April 2023 - £19,250
Rateable Value Unit 6 - 1st April 2023 - £20,000
For further details on rates payable contact Cornwall Council on .
VAT:
All figures quoted are exclusive of VAT where applicable.
COSTS:
The ingoing tenant to be responsible for the Landlord's legal fees incurred in the preparation and execution of the lease.
SERVICES
Mains electricity, metered water and drainage are connected. We have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.
MONEY LAUNDERING REGULATIONS
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all clients and prospective tenants/purchasers that are conducting property transactions through the Company.
ENERGY EFFICIENCY RATING
THIS PROPERTY HAS A RATING OF B (35)
Certificate Reference Numbers: 2753-5746-2008-2873-3151
Property Reference Number: 9652-8017-2781-2846-4005
Brochures
South Quay, Padstow, Cornwall, PL28
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Roche Station9.6 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference 1586. 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. 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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