Torquay TQ2 Retail property (out of town) to rent - £833 pcm (£192 pw)

The unit is located on Vaughan Parade, on Torquay's picturesque inner Harbour. The location is favoured by many occupiers and has a range of licensed & leisure, professional and retail operators. The area is currently the subject of upcoming investment and the harbourside area is soon to be a focus point of the town and Torbay. The town centre and its amenities are easily accessible and the location is serviced by local bus services and car parks. Formerly used as a betting shop, the unit is arranged as a ground floor only unit with an office style fit out. The unit could be suitable for a number of alternative commercial uses and interested parties are advised to speak to the agents Bettesworths for further details.

TARDE AREA
85m2 (914 sq ft).

STAFF ROOM - 8' 2'' x 7' 10'' (2.5m x 2.4m)
Door to:-

STAFF WC

DISABLED WC

WC

TENURE
The unit is available on a new effective FRI lease, with exact terms to be agreed on negotiation.

USAGE
Currently listed as a Betting Shop under Sui Generis of the Town & Country Planning (Use Classes) (Amendment) Regulations 2020. Permitted development to be used as a Class E establishment should be possible. Interested parties are advised to speak to the agents Bettesworths for any further information.

RENT
A proposed step rent over a three-year period. Year 1 - £10,000 per annum. Year 2 - £12,500 per annum Year 3 Onwards - £15,000 per annum.

RATEABLE VALUE
2023 List: £25,750Please note this is not Rates Payable. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.

EPC RATING E