LEASE FOR SALE

The Property is an end terraced, three storey period building. The main banking hall and office space occupy the ground floor whilst the first and second floors are utilised for staff welfare and storage. There is rear vehicular access via side lane providing substantial staff and customer parking. Tenure An assignment of an existing effectively Fully Repairing and Insuring lease for a term of 15 years expiring 30 July 2027 at a passing rent of £12,000 per annum. There is a tenant only break 30 July 2022 subject to 6 months prior written notice. Legal Costs Each party to bear their own legal costs. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £13,500 and the rates payable are £6,291 pa. The UBR for 2017/2018 is 46.6p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Located within a residential suburb of St Austell the premises are adjacent The Financial Centre, a local financial advisor whilst other units close by include Boots Pharmacy. Alongside independent retailers comprising take-aways and a convenience store.

Sizes and Measurements

Total Size

2,151sqft

Sales Area

1,184sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Status

Available

Available from

Now

Ground Floor Sales

Details

Retail

Size

1,184sqft

Status

Available

Available from

Immediately

Ground Floor Staff

Details

Non-Sales

Size

462sqft

Status

Available

Available from

Immediately

First Floor

Details

Non-Sales

Size

505sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Available from

Immediately

Lease type

Assignment

For rent

£12,000/pa

UBR

46.6p

Ratable Value

£13,500.00

Business Rates

£6,291/pa

Specification

  • Leasehold Available
  • Sought after Cornwall coastal town
  • Substantial parking available

Floorplan

Photos

ST AUSTELL

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