The unit comprises a retail unit.
Location
St Austell is one of the largest population centres in Devon and Cornwall with an immediate population of over 40,000. The town has a catchment of 450,000 and each year this is further boosted with 2.2 million visitors and tourists to Cornwall. The very popular local attractions "The Eden Project" and "The Lost Gardens of Heligan" are near the town, leading to very strong visitor numbers to the local area.
White River Place Shopping Centre Is the largest dedicated shopping centre in Cornwall. It forms the prime high street retail pitch in St Austell containing several national retailers including TK Maxx, Superdrug, Snap Fitness, Costa Coffee as well as a multi screen cinema. The shopping centre provides over 175,000 sq ft of retail and leisure space and serviced by a 550-space car park.
Accommodation
Ground Floor - 3,221 sq ft (299.24 sq m)
Second Floor - 1,425 sq ft (132.39 sq m)
Terms
Lease
Subject to obtaining vacant possession, the property is available by way a new effectively full repairing and insuring lease for a term to be agreed, subject to an upward only rent review at the fifth anniversary of term commencement.
Rental
£30,000 per annum exclusive. Rent is exclusive of service charge, insurance, utilities, business rates and VAT.
Business Rates
We are electronically advised by the VOA that the property is assessed as follows:
Rateable Value £50,500
Rates Payable (2025/2026) £19,291
Service Charge & Buildings Insurance
Service Charge payable for the year 2025 is approximately £13,717 per annum, with insurance of £2,384 per annum, plus VAT
Energy Performance Certificate
A copy of the EPC Certificate us available upon request. The unit has an EPC Rating of C.
Costs
All figures quoted are exclusive of VAT where applicable