Property for sale

Two adjoining mid terrace retail units with accommodation over providing opportunity to acquire a part vacant commercial investment in need of general refurbishment to realise its full potential.

60a East Street is currently occupied under the terms of a standard FRI lease with a passing rent of £12,000 pax.

60b East Street comprises a vacant retail shop with ancillary workshop/storage facilities to the rear and at first floor level.

Both properties have forecourt frontage to East Street close to the local Tesco Express and rear storage/parking facilities accessed via a shared service road off Berry Road.

The Property & Location - Two adjoining mid terrace retail units with accommodation over providing opportunity to acquire a part vacant commercial investment in need of general refurbishment to realise its full potential.

60a East Street is currently occupied under the terms of a standard FRI lease with a passing rent of £12,000 pax.

60b East Street comprises a vacant retail shop with ancillary workshop/storage facilities to the rear and at first floor level.

Both properties have forecourt frontage to East Street close to the local Tesco Express and rear storage/parking facilities accessed via a shared service road off Berry Road.

Principal accommodation comprises (stated areas are approximate):-

60A East Street (Tenanted) - GROUND FLOOR
Restaurant 27.8 m²
Bar area 21.6 m²
Kitchenette 6.5 m²

FIRST FLOOR
Office 14.1 m²
Office 12.3 m²
Office 12.4 m²
Kitchen 13.0 m²

SECOND FLOOR
Store 4.4 m²
Office 5.6 m²
Office 15.7 m²
Office 20.2 m²
Galley Kitchen 9.26 m²

LEASE (60a East Street)
Term 6 years
Rent £12,000 per annum exclusive
Liabilities Full Repair & Insurance

RATEABLE VALUE
Rating Authority - Cornwall Council
Assessment No -[use Contact Agent Button]22
Rateable Value - £11,500

EPC - 60a EAST STREET - C71

60B East Street (Vacant) - GROUND FLOOR
Retail area 15 m²

Rear passage leading to:-
Retail/Store 26 m²
Store/Workshop 10.4 m²
Store/Workshop 7.3 m²
Store 4.9 m²
Store 12.9 m²
Outside wc

FIRST FLOOR
Office/Store 13.65 m²
Office/Store 8.6 m² sink unit and shower cubicle
Cloakroom/wc

RATEABLE VALUE
Rating Authority - Cornwall Council
Assessment No -[use Contact Agent Button]02
Rateable Value - £6,400

EPC - 60B EAST STREET - B31

Outside - FRONT
Both retail units have a forecourt

REAR
Outside wc (rear of 60B East Street)
Garage and separate store (dilapidated)
Parking 2/3 cars

Directions - Sat Nav - TR7 1BE
What3Words - ///comfort.specifies.wardrobe

For further help with directions please contact the office on[use Contact Agent Button]

Agents Notes - VIEWINGS: Strictly by appointment only with Camel Homes, Perranporth.

MONEY LAUNDERING REGULATIONS
Intending purchasers will be asked to produce identification documentation at offer stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

PROPERTY MISDESCRIPTIONS
These details are for guidance only and complete accuracy cannot be guaranteed. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions or fitness for purpose. No guarantee can be given that the property is free from any latent or inherent defect. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs and plans are NOT necessarily included. If there is any point which is of particular importance to you, verification should be obtained. Interested parties are advised to check availability and make an appointment to view before travelling to see a property.

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