Property Description

The subject property comprises a ground floor shop within a mid terrace, two storey Victorian building incorporating basement storage. The property has a single glazed timber shop front to Merryland. The property provides a sales area of 17.23 Sq M (185 Sq Ft) and basement of 15.13 Sq M (163 Sq Ft) and was previously used as a sandwich bar for many years. The property is situated within a central block of buildings forming an island site bound by Crown Street, The Broadway and Merryland. The properties form part of the historic centre of St Ives. Crown Street is one of the main thoroughfares forming part of the prime shopping area at the eastern end where it joins The Pavement and Market Hill. Rateable Value: £5,600 The lease is 125 years from 1 November 1995 at £50.00 per annum. We understand that VAT is payable in respect of this property. We understand that the property has consent for uses falling within Class E (Commercial, Business & Services Use) of the Town and Country Planning (Use Classes) Order 1987 (as amended 2020). Class E now encompasses a number of uses formerly known as A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Cafés), B1 (Business) and D1 (Clinics, Health Centre, Crèche & Day Nurseries). Interested parties are advised to make their own investigations with the Local Planning Authority. Services Mains electricity and water are understood to be available to the premises. Interested parties are however advised to make their own enquiries of the relevant service providers.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Leasehold

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