Located in the prime retail location in the centre of Newquay, 8 Bank St provides an impressive, well known and easily accessible retail unit, The premises are located along the pedestrianised section of Bank St, very close to the main town centre car park – Manor Road and is a very short walk to the main town beach and local amenities. Local occupiers include Holland & Barrett, Caffe Nero, Superdrug, Clintons, Superdry and Watershed as well as a number of other surfing / tourist focused shops as well as several amusement arcades, bars and cafes including Loungers bar.
The property comprises a former banking premises. The main retail unit has an impressively high floor to ceiling height and large windows to the front benefitting from some of the original banking hall features including detailed plaster work to the coving and a granite front to the property. There is a staff WC and kitchenette to the rear as well as some ancillary storage space and a private office.
Schedule Of Accomodation
The property comprises the following approximate net internal floor areas:
Ground Floor Sales ITZA 537 sq ft (49.92 Sq m)
Ground Floor Sales 595 sq ft (55.3 Sq m)
Ground floor storage 343 sq ft (31.8 Sq m)
TOTAL AREA: 938 sq ft (87.1 Sq m)
6 moths’ rent free is available to Tenants, subject to their covenant strength and other terms of the deal.
A new full repairing and insuring lease is available at a rent of £19,950 per annum exclusive.
The other terms of the lease to be agreed by negotiation.
Each party to bear their own legal costs in relation to this transaction.
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 £29,750. To find out how much business rates will be payable there is a business rates estimator service via the website.
All the above prices/rentals are quoted exclusive of VAT, where applicable.
The Energy Performance Rating for this property is “E” (103)
For further information or an appointment to view please contact either:-
Tom Smith on 01872 247013 or via email firstname.lastname@example.org or
Thomas Hewitt on 01872 247025 or via email email@example.com
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.