Chi Tennyson, Plen Tennyso, Nansledan, Newquay

RARE OPPORTUNITY TO BUY A RETAIL OUTLET ON THE NANSLEDAN DUCHY ESTATE MAIN THOROUGHFARE SUITABLE FOR A VARIETY OF RETAIL/OFFICE USE OR FOR LETTING PURPOSES

This well positioned end of row retail/office unit represents a rare opportunity to buy a retail space on this ever popular and size increasing Duchy development. 1 Chy Tennyson is located in a prime footfall and visual branding location on the main thoroughfare and comes with 2 parking spaces. Sat under residential accommodation and surrounded by an eclectic mix of lifestyle, home, office, café and bakery businesses, this is a golden opportunity to acquire a key piece of Nansledan, without having to rent space. As an investment, the property would be highly sought after with an expected rent of £10,000-£12,000 per annum.

Completion - Vacant possession and completion will not be available until Easter 2025 (actual date TBC). An early exchange with a long stop completion date will be required.

Tenure - 999 Year lease from 27th April 2017. First Port estate management charges currently equate to £328 per annum. Live West manage the actual building but have not yet raised any communal maintenance charges.

Services - Mains electricity, water & drainage.

Business Rates - Current Rateable Value £6200

Energy Performance Certificate - Rating A