Description
The building is a former bank premises with significant floor space set over five floors. The front elevation is clad in granite and the interior is fitted with ornate period features throughout to include large sash windows to the front with secondary glazing to the first floor front elevation windows. The building includes an air source heat pump and air conditioning systems for heating and cooling and is fitted with automated lighting in many rooms with many other modern improvements throughout the building. The property is not understood to be listed albeit it is located in a conservation area. The premises could be suitable for alternative uses subject to obtaining appropriate planning consents.
Accommodation
The building is accessed from a large secure access door to an entrance lobby leading through automated folding doors on to a wheelchair accessible ramped corridor linking the former banking hall area and offices to the rear of the building. A security partition remains in place in the banking hall to separate the public areas from the cashiers area behind. The cashiers area leads to a staircase down to the basement strongroom which includes a large secure steel door and multiple safes for secure storage. The remainder of the ground floor includes multiple office/meeting room areas, storage rooms and a toilet facility to the rear. A centrally positioned ornate staircase and lobby area provides access to a large lightwell with an outbuilding for external storage and stairs leading up to the upper floors. The first floor of the building includes a large open plan room to the front with a decorative ceiling cornice and large sash windows to the front overlooking the town square with spectacular views of the town’s 13th century medieval castle behind. The remainder of the first floor includes multiple rooms for office/meeting, staff/welfare and storage and communications. There is a large external lightwell/balcony area to the rear of the premises with glazed doors off one of the meetings rooms. The staircase continues up to the second floor which consists of multiple storage rooms. There is a further narrow staircase leading to a third floor space which has been used for storage in the past but does not appear to have been in use for some time. The majority of the building has been modernised over the years to include an air source heat pump and air conditioning for heating and cooling together with upgrades to lighting and other mechanical and electrical systems.
Legal Costs
Each party will be responsible for their own legal costs.
Price
Offers in the region of £350,000 for the freehold interest or £29,500 per annum for rental.
Terms of Lease
The property is available on a full repairing and insuring basis. The Landlord will recover the cost of insurance from the tenant (premium to be confirmed). The Landlord envisages a lease term of 10 years or more. The property will be available with vacant possession.
Business Rates
The current rateable value (RV) is £15,500. The RV is as stated on the VOA website service (effective date 1st April 2023). Information concerning how rates are calculated are available on the Cornwall Council website.
VAT
The property is not understood to be elected for VAT.
Subject to Contract
This brochure is for guidance purposes only and does not constitute an offer or contract. All descriptions, particulars and dimensions stated are understood to be correct, but prospective purchasers or tenants must satisfy themselves that the information is correct and not rely on the information if entering into a contract or incurring expenses.
Viewing Arrangements
Viewings are by appointment only. Contact Phil Wiltshire on:
01208 812 812
For full details please download the PDF Brochure, which also contains some useful links.