Let Agreed

Description

NUMBER ONE is a substantial and impressive three storey late Georgian property of some 11,000 sq.ft, set in mature landscaped gardens alongside extensive parking. Major high quality renovations were undertaken in 2015/16. NUMBER ONE has been full to capacity since refurbishment, but owing to space reorganisation by the anchor tenant (FOLK2FOLK), a rare opportunity to occupy part of the property has arisen.

Accommodation

Access is via a ground floor level entrance from the car park. The entrance lobby leads to an open plan office linking to the first floor staircase. There are two partitioned offices off the open plan area. The first floor stairs lead to a corridor with a storage cupboard and the first floor office. The stairs to the second floor and communal male toilets are also located off the corridor. The second floor stairs lead to communal ladies toilets and the second floor office. A ground floor toilet could be provided by the landlord if required to satisfy access requirements (subject to lease terms). Windows on all floors have fitted sun blinds and provide good levels of natural light, ventilation and panoramic views; some towards Launceston Castle. There are extensive car parking facilities on site; the number of parking bays required can be negotiated. The property is protected by security and fire alarm systems. There is additional land within the site that could be utilised for further office development or additional temporary accommodation to enable tenants to grow if required. A kitchen can be provided on any floor to suit tenant requirements.

Legal Costs

The prospective tenant will pay the landlord’s reasonable legal costs for preparation of the lease. Subject to a maximum of £950 plus VAT.

Price

Offers in the region of £30,000 are sought for the annual rental of all three floors. A maintenance rent of 12% of the annual rent will be charged as a contribution towards the cleaning, maintenance and repair of the communal areas of the buildings and grounds. Gas central heating and water costs will be split proportionally between tenants (estimated cost for 2018/19 for the space advertised to be confirmed). Electricity will be sub metered.

Terms

The property is available on an internal repairing and insuring basis. The landlord will recover the cost of insurance from the tenant (estimated premium to be confirmed). The landlord envisages a lease term of three years or more. Favourable terms will be considered for a longer lease commitment. The property is available for immediate occupation.

Business Rates

The rates would need to be recalculated for a new tenancy. The current Rateable Value is as stated on the Valuation Office Agency (VOA) website service. Further information is available on the Cornwall Council website.

EPC

EPC rating of “D”, certificate reference number 9264-3085-0324-0000-6795, which can be downloaded from: https://www.ndepcregister.com/

VAT

The property is not elected for VAT.

Subject to Contract
This brochure is for guidance purposes only and does not constitute an offer or contract. All descriptions, particulars and dimensions stated are understood to be correct. Prospective tenants must satisfy themselves the details are correct and not place reliance on them if entering into a contract or incurring expenses.

Viewing Arrangements
Viewings are by appointment only. Contact Phil Wiltshire BSc(Hons) MRICS on: 01208 812 812

For full details please download the PDF Brochure, which also contains some useful links.