Property
Ground floor lock up retail unit situated in the specialist trading area of New Bridge Street in the City of Truro. The property benefits from large bay windows and is located near other occupiers including hairdressers, antique stores, restaurants etc.
Schedule Of Accommodation
Total NIA 344 Sq ft (32 Sq m)
WC with wash basin
Incentives
Incentives are available dependant upon lease terms. Please contact the office for further details.
Tenure
Leasehold. The premises are offered by way of a new proportional full repairing and insuring lease at £6,500 per annum, the terms of which are open to negotiation.
Legal Costs
The ingoing Lessee to bear the landlord’s reasonably incurred legal costs in connection with the transaction.
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 £3,650 . The Government has provided business rates relief for retail, hospitality and leisure businesses in the 2021-2022 tax year. There is 100% relief until the end of June. From 1st July there will be a period until the end of 2021 where qualifying businesses will receive a 66.6% discount.
For further details please visit https://www.gov.uk/guidance/check-if-your-retail-hospitality-or-leisure-business-is-eligible-for-business-rates-relief-due-to-coronavirus-covid-19
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
The Energy Performance rating for this property is within Band D (85).
Contact
For further information or an appointment to view please contact either:-
Thomas Hewitt on 01872 247025 or via email th@miller-commercial.co.uk
Mike Nightingale on 01872 247008 or via email msn@miller-commercial.co.uk or
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any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.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.