Torbay Road, Paignton Property to rent - £1,625 pcm (£375 pw)

Ground floor retail unit located on popular Torbay Road

Situation - Paignton is a popular seaside town which benefits considerably from a seasonal influx of tourists. The popular towns of Torquay, Brixham and Totnes are all within approximately 20 minutes drive.

Description - A very well located ground floor retail unit with first floor storage over. suitable for a variety of retail trades or other uses, subject to any necessary planning consents.

SHOP
Frontage - 5.92m
Retail area - Depth 20.5m X 5.92m
Rear Office- 14.51m2

FIRST FLOOR
Kitchen - 6.9 m2
Storage area - 48.8 sq.m
W.C.

Total ground floor retail area 121.36 Sq m (1,306 Sq ft)

Lease - A new lease is available on proportionately full repairing and insuring terms. Length of terms to be agreed

Rent - £19,500 per annum

Business Rates - The property is currently rated for business rates as part of a larger commercial premises, which on the 2023 List is £34,000. The Rateable Value of this shop unit is therefore in the process of being reassessed.

Following reassessment we expect the rateable value for this shop unit only to be reduced.

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

Legal Costs - Each party to be responsible for their own costs.

Viewing - By appointment with the agents Stags at The Old Surgery, 26 Fore Street, Totnes. Telephone[use Contact Agent Button].

Epc - BAND 62C
[use Contact Agent Button]-3600-3503