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HOT FOOD TAKEAWAY PREMISES - 2 KILLIGREW STREET
Assignment of existing 15 year lease available at passing rent of £16,000 p.a. plus premium |
Ground floor fully equipped hot food takeaway premises and first floor preparation area and staffroom with large display windows on both floors, facing directly onto Killigrew Street.
LOCATION:
Falmouth is a coastal town situated approximately 10 miles south west of Truro and is famous for its extensive natural amenities which include the harbour and surrounding beaches. The town has a strong maritime history and is a very popular venue for yachting and dinghy racing events. Falmouth is one of the county’s leading holiday resorts with a resident population of around 28,000 persons which increases considerably during the summer months.
SITUATION:
The property is located at the lower end of Killigrew Street close to the junction with Market Strand and Market Street. Nearby occupiers include Tesco, Superdrug and WC Rowe Bakers. The Prince of Wales Pier is in close proximity, which attracts a large number of visitors to this part of Falmouth during the day, whilst the nightclub and bars in the vicinity provide potential for a good level of evening trade.
DESCRIPTION:
The property comprises a ground floor takeaway with twin entrance doors, whilst on the first floor there is a preparation area and staff cloakroom. The premises benefits from a large display window on ground and first floors.
ACCOMMODATION: (All dimensions and areas are approximate)
Ground Floor
Internal width 5.30 m
Shop depth 4.60 m
Sales area 21.70 m² (233 ft²)
First Floor
Staff/Storage 17.20 m² (185 ft²)
RATES:
Rateable Value £11,500
Further information regarding rates payable should be made with Cornwall Council.
Tel: 0300 1234 171
LEASE:
An assignment of the existing 15 year lease, commencing 26th May 2011, is offered on full repairing and insuring terms at the passing rent of £16,000 per annum. Rent reviews are incorporated on three yearly intervals with the first being due on 26th May 2014.
PREMIUM:
Available as a fully equipped hot food takeaway with an ingoing premium of £30,000 being sought.
VAT:
All figures quoted are exclusive of VAT where applicable.
LEGAL COSTS:
The ingoing assignee will be responsible for the assignor’s reasonable legal costs incurred in dealing with the lease assignment documentation.
PLANNING:
Interested parties should satisfy themselves that their proposed use complies with the existing planning consent.
SERVICES:
We understand that mains electricity, gas, water and drainage are connected to the premises. However, we have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.
VIEWING:
Viewing arrangements may be made through sole agents Charterwood on (01872) 261216.
Contact Stuart Sly or Helen Fussey.
ENERGY EFFICIENCY RATING:
Certificate Reference Number: 0030-0931-6330-0779-5092
Report Reference Number: 0500-7996-3740-0390-3103
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