Chartered Surveyors and Business Property Specialists
Beverly Northey Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247031
Email: bn@miller-commercial.co.uk

SSTC
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Commercial Investment T/A Ogy 1, Sandy Hill, St Austell, Cornwall

Investments Commercial for sale

£205,000

Freehold

A Commercial Investment property on the outskirts of the busy town of St Austell.
This detached property has an impressive glass fronted facade and comprises a ground floor retail unit and a recently refurbished apartment to the first floor which is currently let on an Assured Shorthold Tenancy.
The total rental income is £15,600pa.

  • DETACHED COMMERCIAL INVESTMENT OPPORTUNITY
  • PROMINENT ROADSIDE POSITION
  • GROUND FLOOR RETAIL UNIT GENERATING £9,000 PA
  • RECENTLY REFURBISHED FIRST FLOOR APARTMENT GENERATING £6,600 PA
  • EPC RATING: SHOP: C 66 FLAT: F 27
  • (Remedial works will be carried out prior to completion to bring the flat up to an E Rating)

Property Brochure PDF Location Map

Location

Sandy Hill is situated on the periphery of the busy town of St Austell which has been subject of significant development in recent years.

Description

The two storey property has an impressive glass facade to the front elevation and has undergone significant internal improvements during our client’s tenure. The ground floor retail area extends to approximately 1,200 sqft and to the first floor is a self-contained one bedroomed apartment which is currently let on an Assured Shorthold Tenancy.

The Accommodation Comprises

(all areas and dimensions are approximate)

Ground Floor Retail Area

10.54m x 3.65m plus 4.76m x 3.01m. The ground floor shop is currently occupied by Ogy 1 Pasty Shop. It would be their intention to continue to occupy the premises on a 6 year lease at a commencing rental of £9,000 per annum with other terms to be negotiated.

First Floor Apartment

A newly refurbished one bedroomed apartment that is currently let on an Assured Shorthold Tenancy at £550 per calendar month.

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: SHOP: C 66 FLAT: F 27
(Improvement works will be carried out by the current owner to bring the EPC rating on the flat up to an E before completion)

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

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

Stock

To be taken at valuation.

Value Added Tax

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

Finance Information

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:-

Beverly Northey on 01872 247031 or via email bn@miller-commercial.co.uk
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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Beverly Northey Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247031
Email: bn@miller-commercial.co.uk

Property Brochure PDF