Cremyll Ferry Service
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BUSINESS OPPORTUNITY CREMYLL FERRY SERVICE . Contract for Cremyll Ferry foot passenger service between Admirals Hard, Plymouth and Cremyll Quay, Mount Edgcumbe . Lease of slipway and buildings at Cremyll Quay, Mount Edgcumbe and slipway at Admirals Hard, Plymouth . 10 year contract and associated lease on full repairing and insuring terms, contracted out of the security provisions of the Landlord & Tenant Act 1954 . SUBJECT TO CONTRACT Version and date Not protectively marked OR Protect OR Restricted Locations:- Cremyll Quay and Offices Admirals Hard, Plymouth DESCRIPTION Plymouth City Council is looking to let a contract to ensure continuity of service for this established and well used transport link, effective from 30 October 2017 and is keen to hear from operators who would be interested in the contract, which will be subject to competition. The operation has seen passenger numbers increase over the course of the current contract term. Growth has exceeded 40% over the last six and a half years, averaging over 180,000 users/patrons (individual ticket sales) per annum over the previous 3 years. The operation serves both daily commuters and growing seasonal tourist trade as the City of Plymouth continues to thrive. ACCOMMODATION The Cremyll Quay offices are a Grade II listed building comprising entrance area, office with kitchen facilities, staff toilet and small storage area with a total gross internal area of approximately 19 sq m. There are also historic toll booths included within the demise. RENT Offers in excess of £12,000 per annum plus VAT. SERVICES Mains water, drainage and electricity are available. BUSINESS RATES Enquiries should be made to Cornwall Council on 0300 1234 171 TERMS OF LEASE 1. A term of 10 years with a rent review at the end of the fifth year 2. Rental offers in excess of £12,000 per annum payable quarterly in advance, exclusive of rates and other occupational outgoings 3. The tenant is to be responsible for all internal and external repairs 4. Lease of the buildings and slipways will be coterminous with the contract for the provision of the Cremyll Ferry service 5. No structural alterations to the building will be permitted without landlord’s consent. 6. The tenant shall pay the landlord's professional expenses in preparing and executing the contract and lease (estimated to be a maximum of £1500 plus VAT). FURTHER INFORMATION AND VIEWINGS For a tender pack or further information on this opportunity, please contact Mark Porter on 01752 304356 or by email on [email protected] 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. .