SHOP TO LET

A period mid-terrace property with an ornate façade arranged over three floors: Ground, First and Basement. The ground floor comprises a banking hall, interview rooms, back office functions and a strong room. The first floor comprises of female and male toilets, a staff room/ kitchenette and ancillary storage. The basement provides stores and ancillary storage. The rear yard can be separately accessed from the public passageway which runs directly under the premises. This public passageway provides a pedestrianised throughway between Fore Street and Back Lane W. Tenure The property is held on an existing fully repairing and insuring lease for a term of 15 years expiring 03rd June 2023. The next rent review is due on the 4th June 2017 (Annual RPI Linked Review). Rent £21,903 per annum, exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £10,500 and the rates payable are £5,218 pa. The UBR for 2017/2018 is 49.7p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Redruth is situated at the junction of the A393 and A3047 roads adjacent to the A30, providing fast access from Exeter to Penzance. The town is approximately 9 miles west of Truro, 12 miles east of St Ives and 18 miles north east of Penzance. The property itself is located within the heart of the town on the pedestrianised area of Fore Street where there is a good range of local and national occupiers. Major retailers within the immediate local vicinity include: Iceland, Boots, Specsavers and the other principal high street banks.
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Sizes and Measurements

Total Size

2,005sqft

Sales Area

990sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Status

Available

Available from

Now

Ground Floor

Details

Retail

Size

990sqft

Status

Available

Available from

Immediately

First Floor

Details

Non-Sales

Size

781sqft

Status

Available

Available from

Immediately

Basement

Details

Non-Sales

Size

234sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Available from

Immediately

Lease type

Assignment

For rent

£21,903/pa

UBR

49.7p

Ratable Value

£10,500.00

Business Rates

£5,218.50/pa

Specification

  • Central pitch
  • Popular market town
  • Lies within Redruth Conservation Area

Floorplan

Photos

IMG_7740

Map Data
Map data ©2017 Google
Map DataMap data ©2017 Google
Map data ©2017 Google
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