St Ives

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GROUND FLOOR LOCK UP SHOP TO LET - 10 ST ANDREW'S STREET

New FRI lease available at £11,500 per annum. Premium offers invited for the lease

The ground floor premises are open plan and laid out to provide either one large area or two areas ideal for separate retail displays or retail with ancillary office space

LOCATION:
St Ives is one of the most characterful and busiest resorts in the south west. The quaint harbour town is extremely popular during the summer season but also benefits from tourist trade throughout the year due largely to the Tate Gallery and its links with the artist community. The town is highly sought after by National, Regional and Local retailers and there are numerous respected restaurants, bistros and cafes.

SITUATION:
Centrally located, the property is situated in St Andrew’s Street, opposite the junction to Street-an-Pol, and is a short distance from the harbour front and the busy one way system of Market Place. St Andrew’s Street, along with Market Place and High Street, is a particularly popular area for tourists who enjoy roaming the streets and characteristic alleyways of St Ives. Nearby occupiers include the Guildhall and St Ives Tourist Information Centre, Waterside Gallery, Armstrong & Wing and Half Moon Gallery.

DESCRIPTION:
The Grade II Listed ground floor premises are open plan and laid out to provide one large area, connected via a wide archway, or two areas ideal for separate retail displays or retail with ancillary office space. Two bay windows and exposed floorboards give the accommodation character, making the premises attractive to a variety of users. A modest storage area and large disabled toilet facilities are situated to the rear. The property is presented in excellent internal condition with oak flooring, part panelled walls and fitted storage units.

ACCOMMODATION: (All dimensions and areas are approximate)

Shop width (max) 9.99m
Shop depth (max) 6.90m
Total Sales area 55.50m² (597 ft²)
Store 3.50m² ( 38 ft²)
Disabled WC

LEASE TERMS:
The unit is available on a new proportional full repairing and insuring lease for a term to be negotiated, subject to three yearly rent reviews. The lease is to be outside the Landlord and Tenant Act 1954.

RENT:
£11,500 per annum exclusive.

PREMIUM:
Ingoing offers are invited for the new lease.

BUSINESS RATES:
Rateable Value £11,750 (2017 list).

Subject to the property being the rate payer's only business premises there should be qualification for 100% Small Business Rate Relief.

For further information regarding rates payable and eligibility for Small Business Rate Relief contact Cornwall Council - Tel: 0300 123 4171.

VAT:
All figures quoted are exclusive of VAT where applicable.

SERVICES:
We have not tested the services connected to the premises and the ingoing purchaser should carry out their own inspections.

PLANNING:
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves that consent exists for the proposed use. The premises would suit café/restaurant, estate agency, financial advisors or office users, subject to planning.

LEGAL COSTS:
The ingoing tenant will be responsible for the landlord’s reasonable costs incurred in the preparation and execution of the lease.

VIEWING:
Viewing arrangements may be made through sole agents Charterwood on (01872) 261216.
Contact Chris Waters – chris@charterwood.com
or Jo Counter - jo@charterwood.com

ENERGY EFFICIENCY RATING - E

Certificate Reference Number: 0220-0837-6909-2120-9096
Report Reference Number: 9200-2999-0407-6210-8020

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