Property description
The three storey Grade II listed building comprises a commercial area on the ground floor and first floor with residential accommodation on the first and second floor, currently let. There is an outside communal courtyard area.
The property is located directly opposite the historic St. Mary Magdalene Church on Church Street just of the main retail area of Launceston town Square. Launceston, on the Cornwall / Devon border enjoys a good balance of travel distance to all parts of the two Counties by virtue of the nearby A30 dual carriageway spine road. Eastwards (42 miles) is the city of Exeter providing intercity rail link, international airport and M5 motorway link. Southwards (28 miles) is the city of Plymouth providing continental ferry port and intercity rail link.
ACCOMODATION (NIA)
Ground floor 467 sq ft (43.4 sq m)
W.C. to rear of ground floor.
First Floor 117 sq ft (10.8 sq m)
TOTAL 583 sq ft (54.2 sq m)
LEGAL COSTS
The tenant is to meet all legal costs in any transaction.
LEASE TERMS
The premises are available on an internal repairing and insuring lease. It is envisaged the lease will be approximately two years with a rent review at the end of the second year if continuing the tenancy.
The lease will be contracted out of the Security of Tenure provisions of Part II of the Landlord and Tenant Act 1954.
The rent is payable quarterly in advance on the usual quarter days and the Lessee will be responsible for the reimbursement of insurance premiums paid by the Lessor for protection of the
structure. The Lessee will also be responsible for payments of outgoings including business rates.
SERVICES
Mains electricity, water and drainage. We have not tested any of the service installations and all interested parties should satisfy themselves as to their working order / suitability.