1, St Nicholas Street, Truro, Cornwall, TR1 2RW
100% Prime retail unit in the busy Cornish cathedral city of Truro.
Arguably the best trading position in the city adjacent to White Company & Natwest Bank, opposite Barclays and the pedestrian crossing channelling footfall between Boscawen and King Street.
Location
The property is situated in the cathedral city of Truro, the principal retailing destination for the county of Cornwall. The city has a resident population in the order of 25,000 persons with a catchment in the order of 250,000 persons. The city centre retail offering is anchored by a 90,000 Sq ft. Marks and Spencer alongside a 57,000 Sq ft. Primark.
At the current time, the Hall For Cornwall is currently undergoing a £25million refurbishment and when reopened, will further underpin the city’s status as the leading retailing location in the region.
1 St Nicholas Street is prominently positioned having the enviable location of facing King street whilst also being highly visible from much of Boscawen street. Neighbouring occupiers include White Company, Superdrug, Waterstones, Barclays, HSBC & Natwest banks.
Description
The property comprises and mid terrace two storey building with ground floor sales area with changing rooms/stock room at the rear. The first floor has formerly been used as sales accommodation with sales staircase at the front of the shop. The rear section of the uppers is configured to provide stock and ancillary staff accommodation and can be accessed via an additional rear staircase.
Accommodation
Ground Floor | ||
---|---|---|
Sales | 145.12 sq m | (1,562 sq ft) |
First Floor | ||
Sales | 76.43 sq m | (823 sq ft) |
Storage/Ancillary | 39.3 sq m | (423 sq ft) |
Rent
£67,500 per annum.
Business Rates
Rateable Value – Shop and premises £64,500
Estimate rates payable £31,540.50
Lease Terms
The property is available on a new 5/10 year full repairing lease with other terms subject to negotiation.
EPC
Rating D (Expired)
A new EPC has been commissioned
VAT
TBC.