£165,000
Property for saleSt. Austell PL25
Just added
Freehold
About this property
Town Centre Commercial Investment Opportunity
Prominently Positioned Retail / Office Investment in Cornwall's Commercial Centre
Let to Established National Employment & Skills Provider – Seetec Plus Limited
Passing Rent £13,000 Per Annum Exclusive
Ground Floor & Basement Only – Upper Floors Excluded from Sale
Town Centre Commercial Investment Opportunity. Let to Established National Employment & Skills Provider - Seetec Plus Limited.
St Austell is one of Cornwall's principal commercial and administrative centres, serving a substantial local catchment and benefiting from strong road and rail communications throughout the county. The property occupies a central town centre position on Church Street, overlooking St Austell Church and situated adjacent to the principal High Street retail area.
The location benefits from regular pedestrian flow together with a strong surrounding mix of retail, professional, leisure and service sector occupiers. St Austell continues to benefit from its position as one of Cornwall's principal commercial centres, with Church Street providing an established office and commercial location adjacent to the town's primary retail core.
The town continues to provide an important commercial hub for mid-Cornwall and remains attractive to occupiers seeking affordable and accessible town centre accommodation.
The investment comprises the freehold interest in the ground floor and basement commercial accommodation at 5 Church Street, St Austell.
The premises provide modern office accommodation behind an attractive aluminium-glazed retail frontage and have been fitted out to a high standard. The accommodation includes open-plan office areas, meeting rooms, kitchenette facilities and disabled WC provision together with ancillary basement storage.
The property is currently occupied by Seetec Plus Limited and provides investors with an opportunity to acquire an affordable, income-producing commercial investment in an established Cornish town centre location. The upper floors do not form part of the sale and are specifically excluded from the transaction.
Accommodation
Ground Floor Retail / Office Accommodation with Basement Storage
Approximate Net Internal Area: 95.66 sq m (1,030 sq ft)
Basement storage and ancillary accommodation.
Tenure
The property is being sold Freehold, subject to the existing occupational tenancy.
Tenancy
Tenant: Seetec Plus Limited.
Lease Term: 7 years from 23rd July 2021.
Passing Rent: £13,000 per annum exclusive.
A tenant-only break option in July 2024 was not exercised.
Tenant Profile
Seetec Plus Limited forms part of the wider Seetec Group, one of the UK's leading providers of employment, skills, justice and community support services.
The company occupies the premises as a modern office and client-facing facility serving the local area.
EPC Rating E
VAT
Interested parties should make their own enquiries regarding VAT.
Legal Costs
Each party to bear their own legal costs incurred in the transaction.
Viewing
The tenant's business is entirely unaffected by the sale. Viewing is strictly by prior appointment through the Sole Agents, Bettesworths.
For further information please contact Bettesworths.
St Austell is one of Cornwall's principal commercial and administrative centres, serving a substantial local catchment and benefiting from strong road and rail communications throughout the county. The property occupies a central town centre position on Church Street, overlooking St Austell Church and situated adjacent to the principal High Street retail area.
The location benefits from regular pedestrian flow together with a strong surrounding mix of retail, professional, leisure and service sector occupiers. St Austell continues to benefit from its position as one of Cornwall's principal commercial centres, with Church Street providing an established office and commercial location adjacent to the town's primary retail core.
The town continues to provide an important commercial hub for mid-Cornwall and remains attractive to occupiers seeking affordable and accessible town centre accommodation.
The investment comprises the freehold interest in the ground floor and basement commercial accommodation at 5 Church Street, St Austell.
The premises provide modern office accommodation behind an attractive aluminium-glazed retail frontage and have been fitted out to a high standard. The accommodation includes open-plan office areas, meeting rooms, kitchenette facilities and disabled WC provision together with ancillary basement storage.
The property is currently occupied by Seetec Plus Limited and provides investors with an opportunity to acquire an affordable, income-producing commercial investment in an established Cornish town centre location. The upper floors do not form part of the sale and are specifically excluded from the transaction.
Accommodation
Ground Floor Retail / Office Accommodation with Basement Storage
Approximate Net Internal Area: 95.66 sq m (1,030 sq ft)
Basement storage and ancillary accommodation.
Tenure
The property is being sold Freehold, subject to the existing occupational tenancy.
Tenancy
Tenant: Seetec Plus Limited.
Lease Term: 7 years from 23rd July 2021.
Passing Rent: £13,000 per annum exclusive.
A tenant-only break option in July 2024 was not exercised.
Tenant Profile
Seetec Plus Limited forms part of the wider Seetec Group, one of the UK's leading providers of employment, skills, justice and community support services.
The company occupies the premises as a modern office and client-facing facility serving the local area.
EPC Rating E
VAT
Interested parties should make their own enquiries regarding VAT.
Legal Costs
Each party to bear their own legal costs incurred in the transaction.
Viewing
The tenant's business is entirely unaffected by the sale. Viewing is strictly by prior appointment through the Sole Agents, Bettesworths.
For further information please contact Bettesworths.
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