A highly sought-after retail unit

£13,000 Leasehold
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A highly sought-after retail unit

12 Bank Street, Teignmouth, Devon, TQ14 8AL

A highly sought-after corner trading location with over 50m2 (538sq ft) of uninterrupted retail space with floor to ceiling windows to both sides, kitchenette, WC and available on a renewable lease. Currently occupied by a successful estate agent which have out-grown this space and this will be available from the 1st June 2018....


LOCATION

Teignmouth is a thriving all year-round vibrant sea-side town with the premises located in a prime corner position between bank and Den street. This location enjoys a high pedestrian and passing vehicle traffic with many blue-chip companies in the immediate vicinity. The location is ideal to draw upon a wide geographical area and benefits from good arterial motor links to both Torquay & Exeter with its M5 motorway and International airport.

 

ACCOMMOATION COMPRISES

Entrance over a wide pavement through recessed entrance with double doors to

 

RETAIL UNIT. 8.85 x 5.70

A newly decorated retail unit to a high specification together with suspended ceiling, high quality wood effect flooring, staff kitchenette and cloak room. Also benefitting from floor to ceiling impressive shop window to two sides and wide above window facia to allow for extensive branding display.

 

SERVICES

Mains electricity, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents, Ware Commercial.

 

BUSINESS RATES

Please make your own enquiries on the local Valuation Website (VOA) at www.voa.gov.uk

 

TENURE

Leasehold with seven years remaining of a 10-year renewable lease. Current rental of £13,000 per annum and premium sought. Ingoing tenant to pay landlords reasonably incurred lease set up/transfer fees.

 

PLANNING

Currently benefiting from A2 & A1 but would suit a wide variety of uses.

 

VIEWINGS

Please contact the agents for an appointment to view this property.

Tel. 01803 328880.

Email info@warecommercial.com

Website: www.warecommercial.com


Misrepresentation Act: Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.