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St. Austell

£165,000

Business rates & charges may apply

Bettesworths, Devon
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SECTOR

Commercial property for sale

Key features

  • Town Centre Commercial Investment Opportunity
  • Prominently Positioned Retail / Office Investment in Cornwall's Commercial Centre
  • Let to Established National Employment & Skills Provider – Seetec Plus Limited
  • Passing Rent £13,000 Per Annum Exclusive
  • Ground Floor & Basement Only – Upper Floors Excluded from Sale

Description

Town Centre Commercial Investment Opportunity. Let to Established National Employment & Skills Provider - Seetec Plus Limited.

St Austell is one of Cornwall's principal commercial and administrative centres, serving a substantial local catchment and benefiting from strong road and rail communications throughout the county. The property occupies a central town centre position on Church Street, overlooking St Austell Church and situated adjacent to the principal High Street retail area.The location benefits from regular pedestrian flow together with a strong surrounding mix of retail, professional, leisure and service sector occupiers. St Austell continues to benefit from its position as one of Cornwall's principal commercial centres, with Church Street providing an established office and commercial location adjacent to the town's primary retail core.The town continues to provide an important commercial hub for mid-Cornwall and remains attractive to occupiers seeking affordable and accessible town centre accommodation. The investment comprises the freehold interest in the ground floor and basement commercial accommodation at 5 Church Street, St Austell.The premises provide modern office accommodation behind an attractive aluminium-glazed retail frontage and have been fitted out to a high standard. The accommodation includes open-plan office areas, meeting rooms, kitchenette facilities and disabled WC provision together with ancillary basement storage. The property is currently occupied by Seetec Plus Limited and provides investors with an opportunity to acquire an affordable, income-producing commercial investment in an established Cornish town centre location.  The upper floors do not form part of the sale and are specifically excluded from the transaction. 

ACCOMMODATION

Ground Floor Retail / Office Accommodation with Basement Storage

Approximate Net Internal Area: 95.66 sq m (1,030 sq ft)

Basement storage and ancillary accommodation.

TENURE

The property is being sold Freehold, subject to the existing occupational tenancy.

TENANCY

Tenant: Seetec Plus Limited.

Lease Term: 7 years from 23rd July 2021.

Passing Rent: £13,000 per annum exclusive.

A tenant-only break option in July 2024 was not exercised.

TENANT PROFILE

Seetec Plus Limited forms part of the wider Seetec Group, one of the UK's leading providers of employment, skills, justice and community support services.

The company occupies the premises as a modern office and client-facing facility serving the local area.

EPC RATING E

VAT

Interested parties should make their own enquiries regarding VAT.

LEGAL COSTS

Each party to bear their own legal costs incurred in the transaction.

VIEWING

The tenant's business is entirely unaffected by the sale. Viewing is strictly by prior appointment through the Sole Agents, Bettesworths.

For further information please contact Bettesworths.

Energy Performance Certificates

Energy Performance Certificate

Brochures

St. Austell

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Austell Station0.1 miles
  • Par Station4.0 miles
  • Luxulyan Station4.1 miles

About Bettesworths, Devon

221 St Marychurch Road, Torquay, Devon, TQ1 4NB

Bettesworths is an independent family business, owned and run by the third generation Chartered Surveyor Directors, Matt & Paul.

We have an experienced team, highly skilled and expert in delivering a broad range of services to clients looking for the very best results.

Our breadth of experience across all property sectors, the depth of our day to day involvement and our technical knowledge gives Bettesworths an unrivalled platform from which to provide advice to meet our clients’ needs.

Our clients range from private individual property owners and occupiers to PLC institutions. We ensure each and every one is best supported with a service with which to meet the challenges and changes in the market and their own circumstances.

We offer free initial consultations without obligation, so please contact a member of our team to discuss your requirements.

Notes

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Disclaimer - Property reference 12877498. 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 Bettesworths, Devon. 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.