Overview

Leasehold Available In Popular Tourist Destination

The property occupies a prominent position on Duke Street and benefits from a ramped pedestrian access leading to an open plan banking hall on the ground floor. There are offices, a strong room and staff facilities on the first floor. Externally, the property is partially tile clad on the upper floors under a dressed slate roof. Tenure The Premises are held on a lease expiring 20/05/2028. There is an option to break on 20/05/2023. Rent The current passing rent is £55,000 per annum. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £60,500.00, interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

Padstow is located on the north Cornwall coast. It is a popular tourist destination through the year, with a high levels of day visitors, yatchmen and food lovers. Being close to Newquay and Rock it benefits from the surfing economy. The property is located on High Street, the main retail pitch within the town. Nearby occupiers include Crew Clothing, Saltrock, Mountain Warehouse, Fat Face, Boots and Animal.

Sizes and Measurements

Total Size

1,741sqft

Sales Area

1,009sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,009sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

732sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

20/05/2028

Next Lease Break

20/05/2023

Lease type

Assignment

For rent

£55,000/pa

Ratable Value

£60,500.00

Specification

  • Prominent Building
  • Central Position
  • Tourist Town

Photos

MARKETING PARTICULARS - PADSTOW

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