St Austell is one of the largest population centres in Cornwall. Each year the population is boosted with an influx of tourists. Local sandy beaches and popular coastal resorts are within easy reach. Local attractions include the Eden Project and Lost Gardens of Heligan.
The property is situated on the north side of pedestrianised Fore Street which provides St Austell’s prime high street retail pitch. It is located in close proximity to national retailers including: Subway, WH Smith, Tui, Clarks, Holland & Barrett, EE, Shoe Zone & Boots. White River Place Shopping Centre is close by which houses retailers including TK Maxx, New Look, Superdrug, Costa Coffee and a multi screen cinema.
The property is a short walk from the bus and railway station. The A30 trunk road providing quick access in and out of the County is less than 6 miles to the North whilst the airport at Newquay is a drive of approximately 30 minutes. St Austell offers an excellent range of shopping, educational and recreational facilities and Truro with its comprehensive range of services and facilities is approximately 14 miles to the West.
A mid-terraced building of traditional construction with new slate roof above. It is given over to ground floor retail with first floor accommodation which would be equally suited for retailing and second floor accommodation comprising two offices/stores, small kitchen and separate male and female wc’s.
Ground Floor Sales 34.4 sq m 370 sq ft
First Floor Sales/Storage 28.1 sq m 302 sq ft
Second Floor Ancillary 36.6 sq m 394 sq ft
Male and Female WC s
The premises are offered either :-
1. By way of a new full repairing and insuring lease at an initial rental of £12,000 per annum or
2. On a freehold basis at an asking price of £130,000
1. Leasehold – The ingoing lessee to be responsible for the landlord’s reasonably incurred legal costs in connection with the transaction.
2. Freehold – Each party to bear their own.
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 £10,250. The Government has provided business rates relief for retail, hospitality and leisure businesses in the 2021-2022 tax year. If this is the only commercial property held the property is below the threshold where rates become available.
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
Value Added Tax
All the above prices/rentals are quoted exclusive of VAT, where applicable.
Energy Performance Certificate
The Energy Performance Rating for this property is within Band D.(98)
For further information or an appointment to view please contact either:-
Mike Nightingale on 01872 247008 or via email email@example.com or
Will Duckworth on 01872 247034 or via email firstname.lastname@example.org
Robin Trethowan, May Whetter Grose 01726 73501 email@example.com
VIEWING: Strictly by prior appointment through Miller Commercial or May Whetter Grose
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.