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Belle Vue, Bude £42,000 pa

Property Features

Location:
18 Belle Vue, Bude, Cornwall, EX23 8JS

Contact Agent

Colwills Estate Agents, Bude Office

About the Property

A rare opportunity to acquire a prominent ground floor retail area with 13 metres (43 ft) window frontage onto Belle Vue—main Street and return frontage onto Belle Vue Avenue. Large... Read More
  • Prominent Double Fronted Shop
  • 3494 sq. ft (325 sq. m) ground floor
  • 13 metres (43 ft) window frontage onto Belle Vue—main Street
  • Return frontage onto Belle Vue Avenue
  • Available from 14 September 2022

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Property Details

Description

LOCATION Bude is a seaside resort which lies along a canal in north east Cornwall, located along the A3073, just off the A39. Tourism is the main industry in the area, with the Bude Castle heritage museum, a range of outdoor activities, seven surrounding beaches, cafes and restaurants on offer. The population of Bude was 9,222 as of the 2011 census. Bude is 44 miles from Newquay Airport, 60 miles from Exeter Airport and 32 miles from Bodmin Parkway Railway Station. Main retailers nearby include Mountain Warehouse, Animal, Fat Face, W.H Smith, Costa Coffee, and Saltrock. Bude also has the largest department store in Cornwall-Wroes.

DESCRIPTION Ground floor retail area with store to rear and separate office and ancillary accommodation of kitchenette and w/c.
Accommodation Sq. m Sq. ft
Zone A 53.8 579.10
Zone B 54.9 590.94
Zone C 46.54 500.96
Remaining Retail 77.78 837.22
Ancillary Space 91.58 985.77
Total 324.6 3493.99

TENURE Available from 14 September 2022. New 7 year (minus one day) FRI lease for £42,000 per annum plus insurance rent Upward only rent reviews every 3rd year of the term . The rent review is either subject to a RPI linked or open market rent review, whichever is the greater. A 3 month rent deposit, first quarters rent payment in advance is required with written references.

PLANNING Please note the Use Classes Order has been revised from 1 September 2020 and is relaxing the uses on some properties, which maybe beneficial to particular tenants. Prospective tenants are advised to contact Cornwall Council in respect of any specific planning enquiries on planning@cornwall.gov.uk or 0300 1234 151.

VAT Under the Finances Acts 1989 and 1997, VAT may be levied on the rental. We recommend that the prospective tenant establishes the VAT implications before entering into any agreement.

LEGAL COSTS Each party to bear their own legal costs incurred in the transaction. However if the leaseholder aborts the transaction for any reason then they will be responsible for the landlord's legal costs.

SERVICES Mains electricity, water and drainage are connected to the property. .

RATEABLE VALUE The rateable value is £31,500 p.a. as of 2017 for the entire premises. Interested parties should make their own enquiries of the local authority, Cornwall Council, to ascertain the exact rates payable. Tel: 01872 224397 , e-mail: revenues@cornwall.gov.uk or enquiries can be made on-line at the VOA website: www.voa.gov.uk.

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Contacting Colwills Estate Agents, Bude Office

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