Palace Building, Quay Street, Truro, Cornwall

LOCATION:
Truro is well established as the principal retail centre for the County of Cornwall and provides some of the most attractive and comprehensive shopping in the south west. In addition, the Cathedral City is the administrative centre for the county with public sector occupiers including Cornwall Council and the combined Crown and County Courts. The city has a resident population of around 21,000 persons but has a catchment population of around 200,000 persons.

SITUATION:
The property lies within the city centre in close proximity to the main bus station, Lemon Quay shops and city car parks.

DESCRIPTION:
The Palace building is a prestigious Grade II listed property offering character high quality office accommodation. The offices are carpeted with central heating radiators and good quality lighting. There are shared male and female toilet facilities along with shared kitchen facilities within the building. A passenger lift and feature staircase provide access to upper floor.

Office 3 comprises a main office with two smaller filing rooms. Office 6 comprises a single room.

ACCOMMODATION: (All dimensions and areas are approximate)

Office 3 Main office 37.19 m² (400 ft²)
Filing room 8.81 m2 (95 ft2)
Filing room 7.59 m2 (82 ft2)
Total 53.59 m2 (577 ft2)

Office 6 Main office 34.92 m² (376 ft²)

LEASE DETAILS:
The offices are available on new leases for a term to be agreed on proportional full repairing and insuring terms. A service charge is payable to cover the maintenance and management of the exterior of the building and common parts. Further details regarding the service charge are available upon application.

RENT
Office 3 £6,400 per annum.
Office 6 £4,500 per annum.

RATES:
Office 3 Rateable Value £5,600 (2023 List) The Rateable Value is set to increase to £6,100 from 1st April 2026.
Office 6 Rateable Value £3,450 (2023 List) The Rateable Value is set to increase to £3,750 from 1st April 2026.

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

LEGAL COSTS:
Ingoing tenants will be responsible for the landlord’s reasonable costs incurred in the preparation and execution of new leases.

SERVICES:
We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.

PLANNING:
Interested parties should satisfy themselves that their proposed use complies with the existing planning consent.

MONEY LAUNDERING REGULATIONS:
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all clients that are conducting property transactions through the Company.

ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 76
Certificate Reference Number: 0570-0731-2680-5894-0002
Report Reference Number: 0184-4059-0984-0700-9595

VIEWING:
Viewing arrangements may be made through Charterwood on .
Contact Stuart Sly or James Laskowski