LEASE FOR SALE / TO LET
A ground floor retail unit with ancillary and separately accessed residential apartment to first floor let under an Assured Shorthold Tenancy at a current rent of £6,900 per annum. The unit provides the following approximate areas and dimensions: Tenure The premises are available by way of an assignment of the existing lease expiring 1 October 2022. Alternatively, the ground floor premises are available by way of a sub-lease for a term of years to be agreed. Rent £48,000 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 £31,100 and the rates payable are £15,270.10 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.Less
Paignton forms part of the Torbay conurbation and is a popular holiday and retirement destination. The total resident population of Torbay is approximately 135,000, boosted considerably during the summer months. A ground floor retail unit that can be offered as two separate units if required.