21/24, Killigrew Street, Falmouth, Cornwall – Falmouth
Shop, retail unit to rent
£70,000 per annum 7,178 sq ft
A prominent retail premises with extensive frontage with subdivision and redevelopment potential available on a freehold or leasehold basis. The premises front the popular Moor area of Falmouth which includes a good mix of national and independent retailers, restaurants and bars.
Falmouth sits at the head of the river Fal and has excellent communication links being the terminus of the A39 which in turn links to the A30 and M5. Falmouth benefits from 3 railway stations and a number of ferries operating out of the harbour.
The town benefits from the third largest natural deep water harbour in the world which supports its maritime traditions as well as being a focus for the tourism which enjoys access to lovely beaches at Gyllyngvase and Swanpool.
The town is synonymous with the sea which has shaped its history but in more recent times it has become well known for its artistic and creative excellence including the establishment of Falmouth School of Art which is now the UK's number 1 university for the creative industries. The universities have helped to make Falmouth one of the most vibrant, exciting and expanding towns in Cornwall.
Falmouth together with Penryn home over 36,000 residents, although the population increases during the summer months with the influx of tourists. Falmouth provides an eclectic mix of national, regional and local retail and leisure representation ensuring the town appeals to tourists, students and local residents alike.
The University of Exeter Cornwall Campus has benefited from over £100 million of funding. It was recently (March 2017) granted consent to lift the cap on student numbers from 5,000 to 7,500, which will take the total student population in the town to circa 10,000.
The property is located within a busy part of Falmouth on Killigrew Street fronting the Moor. This is a popular secondary retailing location and includes a mix of local and national retail and restaurant occupiers including:- Lloyds Bank, Stratton Creber Estate Agents, The Lounge Cafe Bar, Pennycomequick Public House/Bar, Moor News, The Town Barber, Newells Travel, JD Wetherspoon, Domino's, Select Convenience Store and KFC.
A large retail unit with ground and first floor showroom and second floor storage of traditional construction. The premises are capable of subdivision on vertical or horizontal basis (subject to works). The unit has an extensive frontage and dominates this part of Killigrew Street making it an attractive proposition to any prospective occupant. The premises are well located adjoining the short stay Moor Car Park (37 spaces) and within a 5 minute walk of Town Quarry Long Stay Car Park (281 spaces). Falmouth Bus Terminal and Taxi Rank are situated immediately opposite the premises.
It is considered that, subject to consents, there may be potential to subdivide the premises to create smaller units, convert to restaurant/bar use or convert the upper parts to residential use.
This shop, retail unit to rent is located in Falmouth.