Description
Situation - Newton Abbot is a busy market town being the commercial centre and heart of the Teignbridge area with a district population of approximately 121,000 extending to some 300,000 within 12 ? miles of the centre. Newton Abbot benefits from a wide catchment area drawing from a large number of small towns and villages in the surrounding area. This is significantly enhanced in the summer by visitors from the nearby coastal towns of Teignmouth, Torquay and Torbay plus the Dartmoor National Park.
Communications are excellent via the A380 dual carriageway linking Exeter and the M5 motorway into Newton Abbot and Torbay. Exeter is approximately 16 miles distant with Torbay some 10 miles distant. The premises are well positioned being located immediatly off the main pedestrianised shopping area of Courtenay Street.
Currently a jewellers & watchmakers. The property would be suitable for a variety of uses, subject to any necessary consents.
Retail Area - Approx 36.8sq m (396 sq ft) Large display window. Suspended ceiling. To the rear is a doorway to:-
Kitchen - Stainless steel sink with single drainer. Door to yard.
W.C - Low level w.c, with wash hand basin.
Business Rates - Please note this is not rates payable:
1st April 2023 List: £7,100
1st April 2026 List: £5,900
For futher details please contact Teignbridge District Council Business Rates Department on (01626 361101)
Vat - We understand that VAT is not payable on the rent in this instance.
Rent - £7,000 per annum + VAT plus
Service charge currently £912.20 + VAT per annum
Lease - A new year lease is avaliable, terms to be agreed.
Legal Costs - Each party to bear with their own costs.
Epc - Instructed
Services - Mains water, drainage, and electricity are avaliable.
Viewing - By appointment with Stags, 26 Fore Street, Totnes.
Telephone (01803 865116) Email: commercial@stags.co.uk
Code For Leasing Business Rates - CODE FOR LEASING BUSINESS PREMISES IN ENGLAND AND WALES 2020:
The Code for Leasing Business Premises in England & Wales 2020 advises prospective tenants to seek professional advice before entering into a tenancy agreement. For further details, and to view the Code, please visit
https://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/real-estate-standards/code-for-leasing-business-premises-1st-edition
Note - All reasonable steps and due diligence have been taken in preparing these particulars. If you have any queries as to any of the statements made herein please contact us before the viewing. These particulars do not constitute part of an offer or contract. We are not qualified to test appliances and systems within the property and have not done so. Measurements are to the nearest three inches with computer generated metric conversion.
