£55,000 pa

(£10.00/sq. ft. pa)

Retail premises to let
9 & 11 High Street, St. Ives, Cornwall TR26

    • 5,498 sq. ft

Leasehold
Added on 17/01/2025

About this property

  • Well positioned in the heart of St Ives

  • Double fronted shop

  • Available immediately

  • Set over several levels

  • Popular tourist destination

  • Freehold available

9 & 11 High Street is a large retail premises located in the centre of St Ives. This property is set over four floors with a ground floor retail, basement and two upper floors.

The property comprises a substantial and adaptable double fronted commercial building arranged over four levels including an basement level.. The scale and configuration of the accommodation provide both immediate occupational functionality and longer term asset management potential.

At ground floor level, the premises offer an expansive retail sales area with strong frontage and natural light, creating an excellent trading environment with clear branding opportunities. The extensive basement provides valuable ancillary storage or operational space, enhancing the practicality of the unit for retail and storage uses.

The first and second floors are previously arranged as artist studios and office accommodation. These upper levels offer flexibility for continued creative use and office occupation, or alternative configurations subject to the necessary consents.

Overall, the building presents as a rare opportunity to secure a prominent High Street asset of meaningful scale.

Location

St Ives is one of Cornwall's most vibrant and characterful coastal towns, welcoming around 540,000 day visitors and 220,000 staying guests each year. Tourism generates approximately £85 million in annual spend and supports around 2,800 local jobs, underpinning a lively retail and hospitality scene. Trade extends well beyond the summer season, helped by the town's artistic heritage and the draw of Tate St Ives. As a result, prime commercial space remains tightly held and consistently in demand from a mix of national brands and quality independent operators.

9 and 11 High Street occupies a prime and highly visible position within the principal retail pitch of St Ives, Cornwall. St Ives is widely regarded as one of the United Kingdom's most desirable coastal towns, combining a strong resident community with a robust year round tourism economy. St Ives is a seaside town and port in Cornwall which lies north of Penzance and west of Camborne on the coast of the Celtic Sea. There is a commercial sector providing standard retailing streets hosting a mix of national, multiple and local retailers as well as a number of food and leisure outlets. It has a resident population of around 11,200 in addition to benefitting from a significant amount of tourism.

The town has an established reputation for its artistic heritage, boutique retail offer and quality hospitality provision. Its commercial core supports a diverse mix of independent operators, national brands and destination galleries, creating a resilient trading environment underpinned by consistent footfall and sustained visitor spend.

High Street forms part of the primary pedestrian flow through the town centre, linking key retail routes and leisure destinations. The property therefore benefits from both prominence and accessibility within a tightly held market where larger floorplates are limited in supply.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net internal basis.

Basement 179.73Sq M, 1,935Sq Ft
Ground 133.37Sq M, 1,436Sq Ft
First 122.96Sq M, 1,324Sq Ft
Second 74.69Sq M, 804Sq Ft

Total 510.75Sq M, 5,498Sq Ft

Rent / Price

£55,000 pax

£850,000 Freehold.

Business Rates

From the Valuation Office Agency website () we understand that the current Rateable Value is £40,250, local council reference .

Contact our team of business rates experts if you have a query about the rateable value of this property.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

D (84)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

More information

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