Office to let in Courtenay Street, Newton Abbot TQ12

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 12½ 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 coastal towns of Teignmouth, Torquay and Torbay plus the Dartmoor National Park.

Communications are excellent via A380 dual carriageway linking Exeter and the M5 motorway and on into Torquay and Torbay. Exeter is approximately 16 miles distant with Torbay some 10 miles distant. The premises are centrally located adjoining a number of public car parks and offers easy and convenient access to the retail and office areas of the town. The premises are located on the first floor of this prominent Office building with stairs and lift access, and comprise either a single or 3 room suite as follows: -

Accommodation

Brief details of the accommodation with approximate maximum internal dimensions are as follows. Access from Courtenay Street via a key pad or entry phone system. Stairs or lift to the First and second floors with doors to…..

Suite 4 – First Floor

Office 7.24m x 4.75m (23’9” x 15’6”) max
Door from lobby to inner lobby and doors to 2 offices currently arranged as an interview / meeting room and an open plan office
Windows to one wall. Electric heating. Dado trunking with power as fitted. LED strip Lighting within suspended ceiling.

Suite 6 – First Floor

Door to lobby with doors to ….

Office 1 4.93m x 2.46m (16’2” x 8’1”) max
Window to front. Suspended ceiling with integrated strip lighting.

Office 2 5.83m x 4.75m (19’2” x 15’7”) max
Window to front. Suspended ceiling with integrated strip lighting.

Shared Toilets
The floor benefits from shared use of separate ladies and gents toilets with low level WC cubicles and wash hand basins.

Shared Kitchen
Windows to one elevation. Stainless steel sink with single drainer and cupboards under. Electric heater. Space for fridge under. Tiled splashback.

Lease

The suites are available by way of a new flexible lease for a term of 3 years with, if required, a mutual option to break the lease after the initial 3 month period by providing a rolling 1 months prior written notice. A longer lease is available by negotiation.

A one month rent deposit will be required by the landlords which will be held for the duration of the tenancy.

Rents

Suite 4 (1st Floor) - 34 sq.m (369 sq.ft) - £4,100 pax
Suite 6 (1st Floor) - 41 sq.m (437 sq.ft) - £4,800 pax
Suite 4 & 6 combined - 75 sq.m (807 sq.ft) - £8,000 pax

The rents quoted are inclusive of the heating, lighting and cleaning of the common parts and the Buildings Insurance. The tenants will be responsible for the internal repair and decoration of the suite with the landlords responsible for the external repair and decoration. The tenants will require their own telephone and broadband supplier with the electricity separately metered. We understand that VAT is payable on the rent and any service charge.

Legal costs

Each party to be responsible for their own legal costs involved in this transaction.

Rates

Rateable Value: -

Suite 4 - £3,400 (2023 Valuation)
Suite 6 - £4,800 (2023 Valuation)

We understand that up to a 100% reduction in the rates payable may be available under the Small Business Rate Relief Scheme. For further details as to whether you or the property qualify for this relief, please contact Teignbridge District Council EPC
An energy performance certificate has been obtained for the premises, a copy is available to download from the web site. The rating for the property is: - C

Viewing

Strictly by prior appointment only with the sole agent, for the attention of Tony Noon Ref (0465)