Chartered Surveyors and Business Property Specialists
Mike Nightingale Partner View Profile

Contact us about this property

Call: 01872 247008
Email: msn@miller-commercial.co.uk

To Let
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New Retail Units, Pengersick Lane, Penzance, Cornwall

Retail to let

From £15,000 per annum

Leasehold

A brand new development within the popular tourist village of Praa Sands which is known for its idyllic long wide and sandy beach within the sheltered Mounts Bay.

The development is situated on the main road through the village adjoining the popular Praa Sands Holiday Park and includes a car park to the rear with 20 spaces. It comprises a terrace of three units, one of which is under offer and the remaining two can be let separately or together.

  • BRAND NEW UNITS
  • SUIT RETAIL/CATERING USES (SUBJECT TO CONSENTS)
  • TWO UNITS REMAINING
  • PRE-LETS OFFERED
  • AVAILABLE SUMMER 2020
  • EPC – TO BE ASSESSED UPON COMPLETION

Property Brochure PDF Location Map

Location

Praa Sands is located on the south coast of Cornwall between the towns of Helston (6 miles) and Penzance (8 miles). It is renowned for its beach which is situated within an Area of Outstanding Natural Beauty and is a popular tourist destination with numerous campsites and holiday letting businesses.

Description

Part of a new development comprising ground floor retail with flats above. The retail element comprises 2/3 retail units which could also be utilised as a café or restaurant(subject to consents).

Accommodation

Unit 1 – 1751 sq ft (162.7 sq m)
Unit 2 – 2087 sq ft (193.9 sq m)
Unit 3- 2087 sq.ft (193.9 sq m) – Under Offer

NB – Full plans are available. Units 1 and 2 can be combined.
Located to the rear of the site there is a car park which includes 20 spaces for the shared use of the shops.

The premises will be offered in shell finish with windows and doors being provided. Walls will be painted white and basic lighting provided.

Tenure

The premises are being offered by new proportional full repairing and insuring leases the terms of which are open to negotiation. The rental are as follows:-
Unit 1 £15,000 per annum.
Unit 2 £17,500 per annum.
Unit 3 £17,500 per annum. – UNDER OFFER

Legal Costs

The ingoing lessee to be responsible for the landlord’s reasonably incurred legal costs in connection with the transaction.

Business Rates

The rates will be assessed following practical completion of the development. The premises are likely to be under the threshold (£51,000) where business rates are payable for the current year (2020/2021).

Vat

Our clients advise us that VAT will not be payable.

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

Energy Performance Certificate

An Energy Performance Certificate will be provided following practical completion of the building.

Contact Information

For further information or an appointment to view please contact either:-
Mike Nightingale on 01872 247008 or via email msn@miller-commercial.co.uk or
Tom Smith on 01872 247013 or via email ts@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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Mike Nightingale Partner View Profile

Contact us about this property

Call: 01872 247008
Email: msn@miller-commercial.co.uk

Property Brochure PDF