Town Centre Former Supermarket Vacant Retail Opportunity
Benefits from Open A1 Retail planning use
Purpose built detached unit totalling approximately 17,748 sq ft
Approximate site area of 0.56 acres
Adjacent to the town's principal car park
Asset management opportunities
Lot 44
Auction 11th December 2019
Vacant Possession
Status Sold Post
Price
Sector Retail Warehouse
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
On Behalf of Receivers
Property Information
Location
Miles
12 miles south-west of Falmouth
16 miles south-west of Truro
25 miles south-west of Newquay
Roads
A394, A30
Rail
Air
Newquay Airport
Situation
Helston is a popular and historic market town situated at the northern end of the Lizard peninsula, an area favoured by tourists and just 12 miles from Falmouth. The property is situated in the heart of the town centre on The Parade, adjacent to the prime retail thoroughfare of Meneage Street. The property benefits from being positioned at the entrance to the town's principal public car park (over 200 spaces), adjacent to a library and medical centre and also benefits from a pedestrian walkway close by leading directly to Meneage Street.
Tenure
Long Leasehold. Held from Cornwall Council for a term of 155 years from 24th May 1985 (approximately 120 years unexpired) at a peppercorn rent.
Location
Miles
12 miles south-west of Falmouth
16 miles south-west of Truro
25 miles south-west of Newquay
Roads
A394, A30
Rail
Air
Newquay Airport
Situation
Helston is a popular and historic market town situated at the northern end of the Lizard peninsula, an area favoured by tourists and just 12 miles from Falmouth. The property is situated in the heart of the town centre on The Parade, adjacent to the prime retail thoroughfare of Meneage Street. The property benefits from being positioned at the entrance to the town's principal public car park (over 200 spaces), adjacent to a library and medical centre and also benefits from a pedestrian walkway close by leading directly to Meneage Street.
Tenure
Long Leasehold. Held from Cornwall Council for a term of 155 years from 24th May 1985 (approximately 120 years unexpired) at a peppercorn rent.
Description
The property comprises a purpose built detached retail unit, formerly used as a supermarket and provides accommodation at ground and lower ground floors, each with level access. The ground floor offers an open plan retail area and benefits from a glazed customer entrance and goods lift. The lower ground floor comprises warehousing, ancillary offices, stores, staff facilities and a loading bay. The property has an approximate site area of 0.23 hectares (0.56 acres).
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a purpose built detached retail unit, formerly used as a supermarket and provides accommodation at ground and lower ground floors, each with level access. The ground floor offers an open plan retail area and benefits from a glazed customer entrance and goods lift. The lower ground floor comprises warehousing, ancillary offices, stores, staff facilities and a loading bay. The property has an approximate site area of 0.23 hectares (0.56 acres).
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Gross Internal Areas)
Tenant
Ground Lower Ground
Retail/Ancillary Warehouse/ Ancillary
1,203.57 sq m 445.30 sq m
(12,955 sq ft) (4,793 sq ft)
VACANT
Total
1,648.87 sq m
(17,748 sq ft)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
