Retail premises to let in Union Street, Torquay TQ1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Well Presented Retail/Office Premises To Let
- Prime Town Centre Trading Position with High Footfall
- Retail Area Approx: 49m2 (532 sq ft)
- Excellent Display Frontage & High Spec Shop Fit
- Available for Immediate Occupation
Property description
An attractive retail premises offering flexible accommodation for those looking to take a highly visible pitch on Torquay's Union Street. With its excellent retail frontage this unit presents an enticing opportunity for those looking to enter the town centre at an affordable rent. The premises benefits from electric security shutter, distinctive retail frontage, a high spec shop fit and generous ancillary space.
Situated at the top end of Union Street, the area has seen a recent improvement in occupancy and sees high footfall driven by national occupiers such as McDonalds, Halifax Bank, Boots and the large number of national retailers presently in Union Square, a brief walk down the road.
Recessed Display Frontage
Providing excellent display space for goods and additional frontage for advertising.
Retail Area
49.49m2 (532 sq ft).
With a high spec shop fit, including built in display cabinets.
Office
6.62m2 (71 sq ft).
Kitchenette
First Floor Storage Room
3.1m2 (33 sq ft).
Tenure
The property is available by way of a new Fully Repairing and Insuring Lease, with the suggestion of a 6-year lease and a tenant’s break clause after 3 years.
Rent
A stepped rent proposed over 3 years.
Year 1 £6,000 per annum.
Year 2 £8,000 per annum.
Year 3 £10,000 per annum.
Business Rates
2023 List: £12,750.
Please note his is not Rates Payable. Eligible parties will be able to claim Small Business Rates Relief.
With sbrr, the rates payable will be approximately £1,600 per annum. Interested parties are advised to speak to the local billing authority, Torbay Council, for further details on sbrr and additional available business rates relief.
Legal Costs
The tenant is to cover the landlord’s legal cost incurred in the creation of a lease
Stock
The stock is available via separate negotiations. Parties are advised to speak to the Agents, for further information.
EPC Rating C
Viewing
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
Property info
For more information about this property, please contact
Bettesworths Commercial, TQ1 on +44 1803 912766 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bettesworths Commercial, and do not constitute property particulars. Please contact Bettesworths Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.