RETAIL UNIT TO LET

The premises comprise the ground floor only of a four-storey building. The banking hall is located towards the front of the building with ancillary accommodation and WC facilities to the rear. The premises benefits from double frontage and rear access. Tenure The premises are held on a lease expiring 26th April 2026. There is a tenant only break option dated 26th April 2021. Rent The current passing rent is £30,000 per annum. The next rent review is dated 28th April 2021. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £32,500.00 and the rates payable are £15,600.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
Less

Location Description

Teignmouth is a town in South Devon approximately 7 miles from Newton Abbot and 14 miles from Paignton. Road communications are good with the A380 and A38 providing access to the M5 motorway. The property is situated on Wellington Street, forming part of the prime pitch in Teignmouth Town Centre. Nearby occupiers in the vicinity include Boots, WHSmith and Lloyds Bank.

Sizes and Measurements

Total Size

1,447sqft

Sales Area

1,447sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,447sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease type

Assignment

For rent

£30,000/pa

UBR

48p

Ratable Value

£32,500.00

Business Rates

£15,600/pa

Specification

  • Prominent Building
  • High Street Location
  • Return Frontage 

Floorplan

Photos

Map Data
Map data ©2018 Google
Map DataMap data ©2018 Google
Map data ©2018 Google
Map
Satellite

Other properties in this area

× Chat now
BESbswy