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Thomas Smith Partner View Profile

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Call: 01872 247013
Email: ts@miller-commercial.co.uk

To Let
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1, Little Castle Street, Truro, Cornwall

Retail to let

£12,000 Per Annum

Leasehold

A double storey retail premises, located in the Cathedral City of Truro's Western specialist trading quarter. The building has been the subject of recent refurbishment works and are presented to a high standard. The unit occupies a prominent position and benefits from ground floor retail space together with first floor storage / office space.

Then property has most recently been used as a recruitment agency but would lend itself to other A1 retailers as well as A2 financial and professional services.

The premises is immediately available by way of a new Full Repairing and Insuring Lease with 3-yearly rent reviews and other terms to be agreed.

  • TO LET
  • TWO STOREY RETAIL PREMISES
  • HIGH QUALITY FIT-OUT
  • 1,085 SQ FT (100 SQM) OVER GROUND AND FIRST FLOORS
  • NEW LEASE FROM THE LANDLORD
  • EPC RATING – C

Property Brochure PDF Location Map

Location

Truro city is the centre for administration, leisure and retail in Cornwall. The city is well known for its cathedral, cobbled streets, open spaces and Georgian architecture. The property is located on Little Castle Street in the specialist trading quarter in the City with a number of niche retailers, cafes, bars and barber shops in the near vicinity and moments away from the main park-and-ride bus stop and within a 10 minute walk of the main line train station and under 5 minutes’ walk from Truro’s main car parks.

Description

The property comprises a two storey retail premises, most recently used by an A2 professional service provider. The premises are fitted out to a high standard with wood laminate flooring and a suspended ceiling. The unit benefits from WCs on the ground floor as well as a kitchenette and provides light, bright and airy accommodation throughout.

Schedule Of Accommodation

Ground Floor – 654 sq ft (60.8 sq m)
First Floor – 431 sq ft (40.0 sq m)
TOTAL – 1,085 sq ft (100.8 sq m)

Tenure & Rent

The property is available by way of a new lease from the landlord on terms to be agreed but subject to 3 yearly rent reviews at an annual rent of £12,000 pa excl.

Legal Costs

The ingoing Tenant to bear the Landlord’s reasonable legal costs incurred in connection with the transaction.

Local Authority

Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £18,000. There will be a period until the end of the financial year 2021 where qualifying businesses will receive a 66.6% discount on their rates payable. The government have further announced a reduction of 50% of the rates payable for the 2022 financial year. We estimate rates for the year 2022 to be in the region of £4,400 however, please do not rely on this information but make your own enquiries.

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Vat

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Energy Performance Certificate

The Energy Performance Rating for this property is within Band C.

Contact Information

For further information or an appointment to view please contact either:-
Tom Smith on 01872 247013 or via email ts@miller-commercial.co.uk or
Will Duckworth on 01872 247034 or via email wd@miller-commercial.co.uk

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

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Thomas Smith Partner View Profile

Contact us about this property

Call: 01872 247013
Email: ts@miller-commercial.co.uk

Property Brochure PDF