Property description

The property is situated on Bay Tree Hill in a prominent trading position, within the South East Cornwall administrative centre of Liskeard. Liskeard provides a wide range of shopping, schooling, banking and recreational facilities along with a mainline railway station. The main arterial route into Cornwall, the A38, provides access to the town.

The property is within walking distance to the main Market car park. Bay Tree Hill provides access to Fore Street, the town’s main pedestrianised shopping street, which has many national retailers including Superdrug and Boots. Currently used as a retail clothes shop, although suitable for a wide range of uses (subject to planning). 

DESCRIPTION

The property comprises the ground floor of a building which was extensively refurbished approximately 10 years ago, with residential flats above.

ACCOMMODATION (GIA) approx. 

The accommodation comprises the following:-

Main Retail Area (4.18m x 11.79m) with two changing rooms
Storeroom/Kitchen (3.89m x 3.23m) with side door off, skink and kitchen units
Disabled WC (1.76m x 1.89m) with flush WC, pedestal wash hand basin.

LEASE TERMS

It is envisaged that a new six year Lease will be created with a rent review on the third anniversary. The Lease will be on an internal repairing basis. The rent will be paid quarterly, in advance, on the usual quarter days.  

The Lessee will be responsible for ensuring compliance with all Local Authority regulations in relation to the occupancy of the premises during the term of the Lease.

The Lessee will be responsible for the Lessor’s legal fees for drawing up the Lease, subject to a maximum of £750 plus VAT, whether or not the Lease proceeds.

SERVICES

Mains electricity, water and drainage connected.

RATEABLE VALUE

The rateable value as outlined on the VOA website for the property at April 2010 is £9,000.

Enquires should be made to the VOA on Tel: 0300 0501 501.

FIXTURES AND FITTINGS

The Tenant will make available the fixtures and fittings at a price to be negotiated. Details from the Agent’s Liskeard office.

GUIDE RENT

£10,000 per annum (exclusive of VAT)

Property Features :

• Good window frontage
• Prominent trading position within walking distance to the main Market car park
• Potential to be utilised for a multitude of uses
• Net internal floor area of approx. 65 sq metres (700 sq feet)