Fore Street, St. Austell Auction Guide Price £60,000

St Austell is one of the largest towns in Cornwall and the property is situated just to the north of the White River Place Shopping Centre on Fore Street. Fore Street occupies an excellent trading position ideally situated to take advantage of the town’s footfall. National retailers and banks such as Burton, Santander and Thomas Cook are located in close proximity to the property.

The property comprises a mid-terrace ground floor retail shop with prime frontage on to Fore Street. In addition, there are 5 flats on the upper levels. The flats are let on a 125 year lease from 2014 with a peppercorn rental. The flats have not been inspected. The property is offered for sale or to let with vacant possession from August 2021.

Retail Zone A 464 sq ft Retail Zone B 607 sq ft Retail Zone C 203 sq ft ITZA 854 sq ft Total Retail 1274 sq ft Ancillary 196 sq ft

Mains water, drainage and electric is connected to the property. An air conditioning unit provides heating and cooling to the main sales area. Instantaneous water heaters provide hot water to the various sinks.

The property is offered for sale or to let with vacant possession from August 2021. The five flats are let on a 125 year lease from 2014 with a peppercorn rent.

Rateable Value £30,250 VOA 2017 Listing. Business Rates are paid by the Tenant.

E

Each party to bear their own.

Cornwall Council General Enquiries 0300-1234-100 Planning 0300-1234-151 www.cornwall.gov.uk

For viewing arrangements and further particulars, please contact the Agents – JEFFERYS - 01579-342400