High Street Retail Property to Rent, 51 The Parade, , EX8 1RD - CBRE Commercial

Overview

LEASE FOR SALE / TO LET

A ground floor retail unit with ancillary to upper floors. The unit provides the following approximate areas and dimensions: Tenure The premises are available by way of an assignment of the existing lease expiring 20 August 2023. Alternatively, the premises are available by way of a sub-lease for a term of years to be agreed. Rent £29,000 per annum exclusive. EPC Energy Efficiency rating is D. Energy Performance Certificate available on request. Rates We understand from the VOA website that the current Rateable Value of the shop is £23,750 and the rates payable are £11,661.25 pa. The UBR for 2019/20 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

Exmouth is a coastal market town with a strong retail offer and catchment that is further enhanced by an influx of tourists during summer months. The unit occupies a prominent position adjacent Hospicecare and opposite pedestrianised Magnolia Walk.

Sizes and Measurements

Total Size

2,980sqft

Sales Area

882sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

882sqft

Status

Available

Available from

Now

Upper Floors

Details

Non-Sales

Size

2,098sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£29,000/pa

UBR

49.1p

Rateable Value

£23,750.00

Business Rates

£11,661.25/pa

Floorplan

51 THE PARADE_ EXMOUTH_ DEVON_ EX8 1RD - GOAD

Photos

51 THE PARADE_ EXMOUTH_ DEVON_ EX8 1RD

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