0 Bed Retail Property (high Street) To Rent

Immediately available vacant premises of 1,041 sq ft (96 sq m) suitable for a range of uses (subject to Planning) fronting High Street just off the Square. Viewing is highly recommended.



2 High Street is situated in the prime commercial area of Launceston just off the Town Square. Other businesses in the vicinity include Superdrug, Barnecutts Bakery, Co-Op and HBH Woolacotts.

The premises comprises a ground floor shop unit, kitchen and W.C. It has a timber frame shop front with large display windows and glazed doors.

LOCATION
Launceston is considered strategically located for Cornwall and Devon with a better balance of travel distance to all parts of the two counties than any other centre. Traditionally known as the gateway to Cornwall, Launceston on the Cornwall / Devon border is beside the A30 dual carriageway spine road for the two counties.

The A30 gives direct access to Exeter some 42 miles to the east with an intercity rail link, expanding airport and M5 Motorway Link. To the south is the city of Plymouth, some 27 miles, which has an intercity rail link and Continental Ferry port.

SERVICES
Mains electricity, water and drainage. We have not tested any of the service installations and all interested parties should satisfy themselves as to their working order / suitability.

SERVICE CHARGE
The current service charge is £1,088.64 per annum covering external and communal maintenance such as the roof, gutters, external decoration, safety compliance, general maintenance, etc.

LEASE TERMS
It is envisaged the successful Tenant will take a six year lease term with a three year Break Clause. The rent is payable quarterly in advance on the usual quarter days.

The Lessee will be responsible for full repair and
maintenance of the internal of the premises plus
reimbursement of insurance premium amounting to 36% of the annual buildings insurance, approximately £1,037.38 paid by the Landlord for the protection of construction.

The Lease created will exclude the Security of Tenure provisions of the Landlord and Tenant Act for business leases.

LEGAL FEES
The Lessee will be required to give a Solicitors undertaking to meet the Lessors legal fees for drawing up the Lease, subject to a maximum of £1,000 plus VAT.

EPC RATING
D

RATEABLE VALUE
The current rateable value is £12,500. Enquiries regarding this and any other business rates matters should be made to the Valuation Office Agency on Tel: .

AGENTS NOTE
Please note that reduced rent periods are negotiable in exchange for any improvement works required, subject to mutual agreement.

DIRECTIONS
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VIEWINGS
Please ring to view this property and check availability before incurring travel time/costs.

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