Retail premises to let in 227-231 Torquay Road, Paignton, Devon TQ3, £80,000 pa

80,000.00 per month

Offer Nr.:
65806597
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
Vickery Holman - Exeter
Phone(s):
01392 976634

* Leasehold
* Retail / leisure unit to let
* Ground Floor Sales approx. 4, 976 sq ft (462. 37 sq m)
* Prominent roadside unit situated on the arterial Torquay Road
* 21 shared parking spaces onsite
* Would suit alternative uses subject to planning
* High specification retail / leisure premises
* Available December 2023
The property consists of a modern and high specification retail / leisure unit
with 21 shared parking spaces onsite. The unit is currently utilised as a
showroom but could be suitable for alternative uses subject to planning in
addition to its existing use.
**Location**
The premises are located on Torquay Road (A3022) which is the main arterial
route into Paignton town centre, approximately 1 mile to the south, linking
with Torquay approximately 2 miles to the north. The premises are located
adjacent to Sainsbury's local with other occupiers nearby including Anytime
Fitness, Subway and Age UK. The premises benefits from dedicated shared
parking for up to 21 vehicles.
**Accommodation**
All areas are approximate and measured in accordance with the RICS Property
Measurement (2nd Edition).
Ground Floor Sales: 4, 976 sq ft (462. 37 sq m)
**Planning**
The amended use classes would mean this property could be used for E class
uses which include retail, financial & professional services, restaurant,
office, indoor sports, medical and nursery uses. Interested parties are
advised to make their own enquiries to the Local Planning Authority.
**Rent / Price**
£80, 000 per annum exclusive.
**Service Charge**
A service charge is levied for the upkeep and maintenance of the communal
areas. Please enquire for further information.
**Business Rates**
From the Valuation Office Agency website () we understand that the current
Rateable Value is £58, 500. 00. Therefore making the approximate Rates Payable
£29, 952. 00 per annum for 2023/24.
**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**
In the event of a letting the Landlord will undertake appropriate works to
ensure the property complies with Minimum Energy Efficiency Standard (mees)
Regulations prior to the lease completing.
**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.

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