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Paul Collins Commercial Surveyor View Profile

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Call: 01872 247029
Email: pc@miller-commercial.co.uk

For Sale
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Commercial Investment, The Old Quaymarket, St Ives

Investments Commercial for sale

£295,000 Guide price

Freehold

An exciting opportunity to acquire an interesting Commercial Investment in the popular coastal resort of St Ives. The property is let by way of an under lease for a term of 14 years from the 25th December 2010 at a current passing rental of £18,000 per annum subject to 5 yearly rent reviews.

  • COMMERCIAL INVESTMENT OPPORTUNITY
  • CURRENT PASSING RENTAL £18,000 PA
  • POPULAR COASTAL RESORT
  • EARLY VIEWING STRONGLY RECOMMENDED
  • EPC: D90

Property Brochure PDF Location Map

Location

The Old Quaymarket is situated in the heart of the centre of the cosmopolitan coastal resort of St Ives.

St Ives is widely acknowledged as one of the UK’s most popular tourist destinations attracting hundreds of thousands of visitors year round and is home to the Tate, St Ives.

Description

The subject premises extend to approximately 1800 sqft and have been occupied by the current tenant since December 2010 by way of a 14 year under lease at a current passing rental of £18,000 per annum, payable quarterly in advance. The lease has provision for rent reviews every 5 years.

Tenure – Long Leasehold

The property is to be sold with the residue of a 999 year lease which commenced on the 25th April 1978.

General Information

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

Energy Performance Certificate

The Energy Performance Rating for this property is within D90.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search

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

Value Added Tax

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

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information

For further information or an appointment to view please contact:-
Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

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] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] 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.

VIEWING: Strictly by prior appointment through Miller Commercial.

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Paul Collins Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247029
Email: pc@miller-commercial.co.uk

Property Brochure PDF