The property is situated in the centre of the popular fishing port and holiday destination of Looe, on the East side of the harbour. Looe
is located on the south coast of Cornwall, approximately 10 miles from Liskeard, and 20 miles west of Plymouth. The town is a popular tourist location and includes a picturesque harbour which has numerous hotels and holiday houses.
The property enjoys a prominent trading position, on Fore Street, close to the main approach to the town centre and the beach.
Nearby occupiers include Saltrock and Bradleys.
The property will comprise of a newly renovated catering unit within the centre of Looe. The property will also provide a spacious external seating area for approximately 24 covers.
Renovation work is due to be carried out in the spring/summer 2017 with occupation of the premises ready for the autumn 2017.
Once a suitable Tenant has been found and terms have been agreed, a lease agreement will be put into place while the construction work is being carried out. Prospective Tenants maybe able to finalise the specification for the work and contribute to the finish as required.
Full details of the shell specification are attached. Please note, the Prospective Tenants will be required to fit out the premises.
PROPOSED ACCOMMODATION (Approximate)
Seating area for 26 covers measuring 6.0 x 2.9 (19’7” x 9’5”) plus 6.6 x 2.9 (average) (21’6” x 9’5”)
Servery – 5.6 x 2.7 (average) (18’3” x 8’6”)
Store – 2.10 x 1.10 (average) (6’9” x 3’6”)
Outside seating area for 24 covers.
We understand that mains water, drainage and electricity are connected to the premises. Mains gas is available.
The tenants will be responsible for all utility bills.
General Enquiries 0300-1234-100
We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171.
The rateable value is yet to be confirmed and the tenants will be responsible for the business rates.
Planning Consent has been granted for the change of use from a Public Toilet into an A3 Catering unit under PA16/06349. The Landlords will consider alternative uses if a Prospective Tenants have other uses in mind. Please note that the hours of business are restricted to 9am-10pm Monday to Saturday and from 9am to 9pm on Sundays.
The premises are available on a leasehold basis by way of a new Full Repairing and Insuring lease, at an initial Guide rent of £15,000 per annum, with terms to be negotiated. Ideally, a long term lease is preferred with rent reviews.
The incoming tenant will be liable to pay the Landlords reasonable costs of preparing the lease.
The property is being offered for sale by Informal Tender. All offers are to be submitted in writing to be received by the agents at their offices at 17 Dean Street, Liskeard PL14 4AB by 12 noon on 10th February 2017. All offers must be made in writing and contained within a sealed envelope marked "Wishing Well Catering Unit - Offer".
Please note the Landlords reserve the right not to accept any of the offers received, and not necessarily the highest offer.
For viewing arrangements and further particulars, please contact the Agents – JEFFERYS - 01579-342400 or MILLER COMMERCIAL 01872 247008