Tenders to be received no later than 5pm, Friday 12 June 2015
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- Prudence McCoy
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1 PROPERTY FOR LEASE Boathouse 12, Commercial Wharf, Madeira Road, Plymouth, PL1 2NX Tenders to be received no later than 5pm, Friday 12 June 2015 Situated on Commercial Wharf, in the historic Barbican area Prominent waterside position with views over Plymouth Sound Secure premises Suitable for a variety of commercial uses, subject to planning Ground floor: 30.2 sq. m. (325 sq. ft.) Mezzanine floor: 13 sq. m (140 sq. ft.) Offers invited in excess of 4,500 pax
2 LOCATION The premises are situated within the iconic Barbican area of Plymouth, which is within walking distance of the city s main retail centre, Plymouth Hoe and the University. The Barbican contains a variety of shops, businesses, galleries, bars and eateries as well as places of interest, to include the National Marine Aquarium, the Elizabethan House and the Mayflower Steps. The premises are situated in a waterfront position on Commercial Wharf, which lies beneath Commercial Road. Commercial Road links the Barbican area to Plymouth Hoe via Madeira Road. The premises comprise the third unit from the southern end of a row of commercial premises which are occupied by various businesses to include a café, workshop and stores. Location map c/o Google Images 2015 DESCRIPTION The property comprises a lock-up commercial unit with accommodation arranged over ground and mezzanine floors. The mezzanine floor has fitted railings and glass panels and is served by an internal staircase. The unit is secured by timber double doors and internal bi-fold doors. An arched window at mezzanine level provides views over Plymouth Sound. Use of the immediate forecourt may be available under a separate agreement. Ample car parking facilities and public conveniences are available nearby. ACCOMMODATION The ground floor has a gross internal area, calculated in accordance with the current edition of the RICS Code of Measuring Practice, of 30.2 sq. m (325 sq. ft.). The mezzanine floor measures circa 13 sq. m (140 sq. ft.).
3 TENURE The premises are available by way of a new lease. Offers are invited in excess of 4,500 per annum, exclusive. Brief details of the proposed lease terms are outlined as follows: 1. A term of 5 years, excluded from sections of the Landlord and Tenant Act 1954, with a rent review at the end of the third year. 2. Rent to be payable quarterly in advance, exclusive of rates and other occupational outgoings. 4. The tenant to be responsible for all internal repairs. 5. Insurance costs to be recovered by the landlord. 6. Assignment to be permitted, subject to landlord s consent. Subletting will not be permitted. 6. No structural alterations to the building will be permitted without landlord s consent. 7. The tenant shall pay the landlord's professional expenses in preparing and executing the lease.
4 Please note, the Council does not undertake to accept the highest or any tender and will not accept a tender from any person under the age of 18 years. PLANNING The boat house currently has planning consent for use as an art gallery, however other potential commercial business uses will be considered, subject to planning and other statutory consents, as required in connection with the proposal. Prospective tenants are strongly advised to satisfy themselves that their proposed use for the premises is acceptable in terms of planning and are fully responsible for obtaining any necessary consent. The Council encourages a mix of uses at Commercial Wharf and is supportive of uses that complement the businesses currently in occupation of the boathouses. New business ventures will require the submission of a business plan. SERVICES Mains electricity and water is available and connected. BUSINESS RATES The current Business Rates assessment, effective from 1 June 2014, is 4,950. Rates payable are circa 2,440. Please note, this assessment includes an outdoor seating area, which may be available (under a separate agreement) upon request. You may be eligible for Small Business Rates Relief and should make your own enquiries on telephone number TIMING Premises are currently occupied. Vacant possession will be available from the middle of June ENERGY PERFORMANCE CERTIFICATE A full Energy Performance Certificate is available upon request. FURTHER INFORMATION AND VIEWINGS For further information or to arrange a viewing of the property, please contact the Land and Property team on (or suzanna.sobey@plymouth.gov.uk)
5 SITE PLAN For identification purposes only SUBJECT TO CONTRACT These particulars are set out as a general outline only for the guidance of intending lessees and do not constitute, nor constitute part of, an offer or contract. All descriptions, dimensions, references to condition and necessary permission for use and occupation and other details are given without responsibility and any intending tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
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