Ciuri Ciuri, Church Street, Falmouth, Cornwall

LOCATION
Falmouth is one of the County’s leading holiday resorts with an increasingly long season, encouraged
by several quality marina developments together with the National Maritime Museum. The town
has a resident population of around 24,000 persons which increases considerably during the summer
months. The town has a good mix of independent and national retailers. The property lies on the
eastern side of Church Street and the rear elevation enjoys views over the inner harbour. Nearby
occupiers include Vision Express, Weird Fish, Falmouth Booksellers and the Bosun’s Locker.

DESCRIPTION
The property is a terraced three-storey building and comprises a ground floor lock-up shop with
a separately accessed residential accommodation on the upper floors. The building has been
subject to extensive refurbishment to create four-bedroom living accommodation including
rewiring, new heating and plumbing and upgraded insulation.

ACCOMMODATION (All dimensions and areas are approximate)
Ground Floor Shop
Sales area 21.49 sq m (231 sq ft)
Store 2.90 sq m (31 sq ft)
Kitchen 6.39 sq m ( 69 sq ft)

Upper Floor Residential Accommodation
First Floor
Double bedroom 12.43 sq m (134 sqft)
Separate shower/WC 2.94 sq m (32 sq ft)
Double bedroom with en-suite shower/WC 15.27 sq m (164 sq ft)

Second Floor
Kitchen/Dining room 15.62 sq m (168 sq ft)
WC/Utility room 2.42 sq m (26 sq ft)
Double bedroom with en-suite shower/WC 15.41 sq m (166 sq ft)

Third Floor
Double bedroom with en-suite shower/WC 22.76 sq m (245 sq ft)

LEASE DETAILS
Ground Floor Shop
Tenant – a local limited company with three personal guarantors.
Term – from 20th June 2025 to 6th September 2036.
Rent - £13,000 per annum payable monthly in advance
Rent reviews – 7th September 2026 and at three yearly intervals thereafter
Repairs – the lease is on internal repairing terms, subject to a Schedule of Condition
Insurance – payable by the landlord and proportionally reimbursed by the tenant
Decoration – the tenant to decorate every third year and in the last three months
Alienation – assignment of the whole lease is permitted subject to an Authorised Guarantee
Agreement. Under-letting of the whole is permitted provided the under-lease is an excluded
tenancy.
Tenant break clause – 7th September 2031 on providing six months’ Notice

The upper floors are let from 1st August 2026 on an Assured Shorthold Tenancy at a combined rent of £3,000 per month.

ASKING PRICE
£425,000. is sought for the freehold interest.

BUSINESS RATES
Shop - Rateable Value £14,000 (April 2026 List)

COUNCIL TAX
Residential part - Council Tax Band A

VAT
We are advised that the property is not registered for VAT.

ENERGY EFFICIENCY RATING
Ground Floor Shop
Band C
Certificate Reference Number: 9234-3075-0186-0500-2091

Upper Floor Residential Part
Band C
Certificate Reference Number: 0758-2803-7863-9821-5955

MONEY LAUNDERING REGULATIONS
In line with the Money Laundering Regulations 2017, Laskowski and Company are obliged to Verify ID for all clients that are conducting property transactions through the Company.