An exciting opportunity to acquire an interesting Commercial Investment in the popular coastal resort of St Ives. The property is let by way of an under lease for a term of 14 years from the 25th December 2010 at a current passing rental of £18,000 per annum subject to 5 yearly rent reviews.
The Old Quaymarket is situated in the heart of the centre of the cosmopolitan coastal resort of St Ives.
St Ives is widely acknowledged as one of the uk's most popular tourist destinations attracting hundreds of thousands of visitors year round and is home to the Tate, St Ives.
The subject premises extend to approximately 1800 sqft and have been occupied by the current tenant since December 2010 by way of a 14 year under lease at a current passing rental of £18,000 per annum, payable quarterly in advance. The lease has provision for rent reviews every 5 years.
Tenure - Long Leasehold
The property is to be sold with the residue of a 999 year lease which commenced on the 25th April 1978.
Local authority Cornwall Council General Enquiries Planning
Energy Performance Certificate
The Energy Performance Rating for this property is within D90.
We refer you to the government website
Prospective owners should make their own enquiries of the appropriate statutory undertakers: Western Power: South West Water: Transco:
Value Added Tax
All the above prices/rentals are quoted exclusive of VAT, where applicable.
If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.
For further information or an appointment to view please contact:- Paul Collins on or via email or Graham Timmins on or via email
Plans: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.
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] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] 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.
viewing: Strictly by prior appointment through Miller Commercial.
Property descriptions and related information displayed on this page are marketing materials provided by Miller Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Miller Commercial for full details and further information.
Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.