retail premises and stores (2,027 sq. ft, nia) oiro … · 52.9 570 shop frontage (additional...
TRANSCRIPT
TO LET Retail premises and stores (2,027 sq. ft, NIA)
OIRO £20,000 PA
1 Westgate Street, Launceston, Cornwall, PL15 7AB
www.philipsrogers.co.uk
1 Westgate Street, Launceston, PL15 7AB Location & Description 01208 812 812
Location
Situated in the busy historic north Cornish town of Launceston this retail unit is positioned in possibly the most prominent and best trading location in the town, sitting alongside a number of local and national retailers and service providers. The town centre is easily accessible from the A30 dual carriageway, which is less than a mile away.
Description
The building is a substantial property extending over three stories. There is a ground floor retail area with a significant dual aspect shop frontage and external brick paved area. The side and rear of the property contain numerous additional storage and preparation areas which could potentially be converted for further retail space. A storage area with staff welfare facilities occupies the first floor. There is a basement area which can be used for additional storage. The property has been occupied by local butchers since 1880 and is currently occupied by the nationally renowned Philip Warren Graziers and Craft Butchers who have traded from the shop since 1979.
The existing use class is understood to be A1 (shops and retail outlets) although the property would be suitable for various alternative uses (subject to obtaining the necessary planning consents). © OpenStreetMap contributors
Launceston Town Centre
Launceston
NTS
NTS
© 2018 OS 10053143
www.philipsrogers.co.uk
Services & Amenities 01208 812 812
Services
Water—The property is connected to mains water.
Electric— The property has a single phase electrical power supply. An NICEIC periodic electrical certificate will be made available to an incoming tenant.
Gas is connected to the shop.
Drainage—Foul water drainage is connected to the public sewer.
BT/Internet - Superfast broadband is understood to be available in Launceston.
Amenities
Launceston boasts the following amenities and nearby services:
Numerous independent shops and national chains, sports pitches and a leisure centre, primary, secondary and six form educational facilities and quality local restaurants and pubs.
North Cornish beaches from 17 miles by road (Crackington Beach), Railway services are available at Okehampton railway station (21 miles by road) and Exeter airport services international and domestic flights (50 miles by road). The A30 dual carriageway can be joined approximately 1 mile by road and the A39 Atlantic Highway (15 miles by road).
Launceston Town Square
1 Westgate Street, Launceston, PL15 7AB
www.philipsrogers.co.uk
Accommodation & Sizes 01208 812 812
Accommodation
The property is primarily accessed from Westgate Street although there are four other access points from White Hart Arcade along the side of the shop which have the potential to be converted for additional display areas or shop frontage. The frontage of the shop wraps around Westgate Street and in to White Hart Arcade. A recessed pavement area in front of the shop (owned by the landlord) links Westgate Street to Broad Street and White Hart Arcade making this one of the busiest parts of the town centre. A retractable awning is positioned over the shop entrance. Double doors lead to a retail area currently occupied by display cabinets and fridges used for displaying goods.
The rear of the retail area leads to a preparation area with a staircase to a first floor kitchenette, changing room and WC. The ground floor preparation area also leads through to two other storage/potential retail areas running adjacent to White Hart Arcade. There are a number of cold stores at ground floor which can be removed to create a large retail area. Free time restricted on street parking is available to a number of the surrounding streets and there are also public car parks nearby (Multi-storey and Race Hill)
Area Measured Square
Metres
Square
Feet
Metres
GROUND FLOOR
External brick paved area
(measured approximately
using Ordnance Survey
information)
52.9 570
Shop frontage (additional
potential)
TBC TBC
Ground floor retail area (NIA) 44.46 479
Preparation area 19.13 206
Rear area 1 24.87 268
Rear area 2 29.44 317
Cold stores 41.32 445
Total Ground Floor (NIA) 159.22 1,715
FIRST FLOOR
Kitchenette/canteen 15.77 170
Store room 5.21 56
Changing room 7.96 86
WC (Excluded from NIA) 2.07 22
Total 1st Floor (NIA) 28.94 312
Retail area
First floor kitchenette
Note: Areas and dimensions are approximate and are measured and stated in accordance with RICS professional statement “RICS property measurement 1st Edition, May 2015”. GIA is a reference to the gross internal area and NIA is the net internal area. ITZA is the area calculation in terms of Zone A (6.1m depth used).
Sizes
1 Westgate Street, Launceston, PL15 7AB
www.philipsrogers.co.uk
General Terms 01208 812 812
Planning & Building Regulations
The property is not understood to have a recent planning or Building Regulation history as was constructed some time ago. Planning history can be viewed on the Cornwall Council Online Planning Register. Prospective tenants should make the necessary investigations though their legal advisors.
Legal Costs
The prospective tenant will pay the landlords reasonable legal costs in respect of preparation of the lease. Subject to a maximum of £950 plus VAT.
Price
Offers in the region of £20,000 are sought for the annual rental of the basement, ground, first floor and external brick paved area. The property is available with vacant possession or with cold stores left in place.
Terms
The property is available on a full repairing and insuring basis. The landlord will recover the cost of insurance from the tenant (estimated premium to be confirmed). Repairs of the building will be split proportionally with other occupiers (by way of a maintenance rent, amount to be confirmed). The landlord envisages a lease term of three years or more.
Business Rates
The current rateable value (RV) is £10,250 and rates payable are £4,920 (2018 to 2019). The RV is as stated on the Valuation Office Agency (VOA) website service (effective date 1st April 2017). Information concerning how rates are calculated are available on the Cornwall Council website. It is possible prospective tenants could be eligible for small business rates relief (to be confirmed with Cornwall Council prior to agreeing terms).
1 Westgate Street, Launceston, PL15 7AB
External red brick paved area (owned by the landlord)
www.philipsrogers.co.uk
General Terms & Contact 01208 812 812
EPC
The property has an EPC rating of “D”, certificate reference number 9458-3098-0980-0100-5495, which is available to view and download online at https://www.ndepcregister.com/
VAT
The property is not elected for VAT and as such VAT will not be chargeable on the rent.
Rights
There is a right to utilise the red brick paved area in front of the shop, which is owned by the landlord. Access must be maintained for the adjacent White Hart Hotel and Arcade.
Subject to Contract
This brochure is for guidance purposes only and does not constitute an offer or contract. All descriptions, particulars and dimensions stated are understood to be correct, but prospective purchasers or tenants must satisfy themselves that the information is correct and not rely on the information if entering into a contract or incurring expenses.
Viewing Arrangements
Viewings are by appointment only. Contact Phil Wiltshire BSc(Hons) MRICS on:
01208 812 812 Brochure Dated 02.09.18
White Hart Arcade
Philips Rogers is a limited company registered in England and Wales. Registered number: 10750484 Registered office: Trudgeon Halling, The Platt, Wadebridge, PL27 7AE (service address only)
Ground Floor Prep Area Westgate Street
1 Westgate Street, Launceston, PL15 7AB