Office for sale in St. Pauls Road, Newton Abbot TQ12, £269,500

269,500.00

Offer Nr.:
65738471
Type of ad:
for Sale
Property type:
Office
Contact name:
Noon Roberts
Phone(s):
01392 976151

**Situation and description**
Newton Abbot is a busy market town, being the commercial centre and heart of
the Teignbridge area with a district population of approximately 121, 000
extending to some 300, 000 within 12. 5 miles of the centre. Newton Abbot
benefits from a wide catchment area drawing from a large number of small towns
and villages in the surrounding area. This is significantly enhanced in the
summer by visitors from the nearby coast at Teignmouth, Torquay and Torbay
plus the Dartmoor National Park.
St Pauls Road is ideally located adjoining Devon Square and just a short walk
from the town centre, and yet just 1 mile from the A380 Exeter to Torquay dual
carriageway joining with the M5 Motorway at Exeter, which is approximately 15
miles distant. This Grade ll listed building provides excellent access for a
regional business to connect with the national motorway network.
Communications are also excellent into Torbay with Torquay approximately 10
miles distant. The premises are centrally and prominently located in the
Period mixed office quarter and prestigious residential area of St Pauls Road
and Devon Square, being close to a number of public car parks and offering
easy and convenient access to the retail area of the town and the mainline
Railway Station on the other side of Courtenay Park. Devon Square, St Pauls
Road and Courtenay Park are the principle Residential and office areas in the
centre of Newton Abbot with a number of Professional Office occupiers and
large family homes.
**Accommodation**
Brief details of the accommodation with approximate maximum internal
dimensions are as follows: -
Approached from St Pauls Road via part glazed entrance door to reception hall
with doors to ……
Office 5 4. 78m x 3. 85m (15’8” x 12’8”) max
Window to front. Electric wall heater. Vinyl flooring. Strip lighting and
power points as fitted.
Toilet
Low level WC suite with electric over sink water heater. Window.
Kitchenette 1. 81m x 1. 71m (5’11” x 5’7”) max
Sink inset into worktop with storage cupboard below. Electric water heater.
Office 6 3. 21m x 2. 79m (10’6” x 9’2”) max
Window to rear. Electric wall heater. Vinyl flooring. Strip lighting.
Interconnecting door to Office No 5.
Office No 7 l4. 00m x 3. 08m (13’2” x 10’1”) max
Window to rear. Electric wall heater. Strip lighting and power as fitted.
Vinyl flooring. Storage cupboards either side of chimney.
Office No 8 3. 92m x 3. 65m (12’10” x 11’11”) max
Bay window to front. Fireplace with timber surround and overmantel. Electric
heater. Strip lighting and power as fitted.
**First floor
**
Office No 1 3. 95m x 3. 14m ( 12’11” x 10’4”) max
Window to rear. Electric heater. Power and lighting as fitted. Storage
cupboards either side of chimney breast.
Office No 2 5. 08m x 4. 04m (16’8” x 13’3”) max
2 Windows to the front. Electric heater. Power and lighting as fitted. A large
and pleasant room with interesting street outlook.
Office No 3 4. 16m x 3. 75m 13’8” x 12’4”) max
Window to front. Electric heater. Power and lighting as fitted.
Interconnecting door to Office 4 making this a nice suite.
Office No 4 3. 83m x 2. 86m 12’7” x 9’4”) max
Window to rear. Electric heater. Power and lighting as fitted.
Shared Toilet
WC suite with Kitchenette area with sink and single drainer inset into worktop
with cupboards under. Electric water heater over.
**Externally**
A particular feature of the property is the front forecourt area offering
parking for up to 5 cars, or possibly more if the building was under one
occupation and the cars were double parked.
**Rates**
Currently most of the offices are individually assessed as they have been
rented individually. We understand that Rate reductions of up to 100% are
available to qualifying business under the Small Business Rate Relief scheme
for these rooms.
However, to see if you or the premises qualify for this discount, please
contact Teignbridge District Council tenancies
We understand that the Ground Floor will be provided with vacant possession
from the 1st of November when the current lease expires, and that the tenants
on the first floor will also be leaving during November, so we are advised the
building will be available with vacant possession from the 1st December 2023.
This would allow a purchaser to occupy all or part of the space or let this
again.
**Services**
We understand that mains electricity, water and drainage are available to the
premises.
**Legal costs**
Each party to be responsible for their own legal costs.
**Price and tenure**
Offers are sought in the region of £269, 500 for the freehold of this
impressive building with vacant possession.
**Agents note**
The basement was sold off in the 1980’s on a 999 year lease paying a £50 pa
ground rent with a 1/3rd responsibility for the costs of the buildings
maintenance.
**Viewing**
Strictly by prior appointment only with the agent, for the attention of Tony
Noon Ref (0073)

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