Property Details
Catering / Retail Premises to Let
Camborne is a town in Cornwall with mining history. When combined with nearby Redruth, the two towns make up Cornwall’s largest urban and industrial area. Camborne Station has an hourly direct train service to London Paddington.
Estimated footfall for the year ending March 2024 was 336,036 entries and exits (source GWR).
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David Corp
David Murray
Location
The premises are located to the roadside end of the main station building with platform frontage.
Description
Ground floor café premises having access onto Platform 2. Mains services of water, electric and grey waste drainage are connected.
Retail Café 36.39sqm / 392 sqft
The property is in shell condition ready for shopfitting. No outside seating is permitted.
Agreement Details
The property is offered on a new lease to 24th June 2028. Interested parties should be aware that any new lease will be excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act. The lease will not permit assignment or subletting. Standard Railway Lease Terms will apply.
The incoming tenant will be expected to pay the Landlord’s legal costs in connection with the grant of a new lease. These costs are anticipated at £1,000 plus VAT.
Rent
The premises are offered on a Minimum Guaranteed Rent of £3,500 per annum plus VAT with supporting turnover top-up rent provisions. A rent deposit will be payable. Credit references will require to be obtained.
User
The landlord is looking to secure a high quality catering operator and will welcome approaches from local businesses.
Utilities
The tenant will be responsible for all utilities consumed. The premises are served by an independent electricity supply.
Insurance
The tenant will be responsible for obtaining all relevant insurances such as employee and public liability.
Service Charge
The landlord does not currently charge a service charge but retains the right to introduce one in the future.
Shop Fitting
The incoming tenant will be required to provide detailed annotated fit out plans and signage proposals demonstrating a high quality retail shop fit. The Superior Landlord’s approval maybe required in advance of any works. The tenant shall be required to contribute towards the landlord’s costs in obtaining consents.
Rating
The payment of business rates will be the responsibility of the tenant. The Valuation Office Agency advise that the premises are Cornwall Council reference 2327526696000
The rates liability for the property is as follows:
Rateable Value: £3,750. Based on the current rates multiplier of 0.546 for 2024/25
Rates Payable 2024/25 rate year: £2,047.50
An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.
Energy Performance
The premises are rated B.
Viewing
For further details relating to this property please contact us:
David Corp – Senior Surveyor
Email: david.corp@amey.co.uk
Tel: 07708 479441
David Murray – Senior Portfolio Manager
Email: david.murray@amey.co.uk
Tel: 0207 921 2936
David Corp
Senior Surveyor
David has 20 years’ experience in commercial property management including 4 years’ experience in Asset Management (commercial).
David joined AmeyTPT in November 2020 and is working on the GWR account managing new lettings, lease and licence renewals and reviews, client development advice and general estate management.
Call: 07708 479441
Email: david.corp@amey.co.uk
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