Retail premises to let in Victoria Parade, Torquay TQ1

Set in an ideal location in the heart of Torquay, the property is part of a parade of independent businesses which make up a fantastic retail and leisure offer, overlooking Torquay’s inner harbour.

Victoria Parade is one of the most desirable trading locations in Torbay, being close to the Town Centre, Seafront and Torquay’s Harbour. This area is a prime destination for locals and tourists throughout the year.

11 Victoria Parade is a ground floor lock up retail unit. Theunit benefits from a good-sized retail area (33m2 / 355 sq ft), fitted with slat walls, ready for retail shelving and hangers. At the back of the unit, are two storage rooms (31m2 / 333 sq ft), kitchenette facilities and a WC.

The unit is well suited for retail use. However, it could be adapted to suit alternative uses (subject to necessary consent).

Retail Area (27' 2'' x 13' 1'' (8.28m x 3.99m))

Store (15' 8'' x 15' 2'' (4.77m x 4.63m))

Store/Kitchenette (12' 4'' x 11' 5'' (3.77m x 3.49m))

WC

Rent

The landlord is proposing a stepped rent incentive, starting at £16,000 for the first year, £17,000 for the second year and £18,000 for the third year.

Terms

The property is available by way of a new lease, exact terms to be agreed by negotiation.

Business Rates

2023 List: £13,750.

Please note this is not the Rates Payable. Small Business Rate Relief will be available for eligible occupiers. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.

EPC Rating D

Viewing

Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.