Retail - 5/6, Crossways Centre, Paignton , TQ4 5BL

Paignton TQ4 5BL, UK

Facilities
  • 24 hr Access
  • Retail Use
Description

Paignton retail shop to rent
​LOCATION­ TQ45BL
The property comprises a town centre location in the Crossways Shopping Centre with other retailers including Clarks and Holland & Barrett.
DESCRIPTION
The property comprises a former supermarket premises with associated ancillary area and first floor storage accommodation and rear delivery access.
There is a large car park with lifts that open immediately in front of the store.
ACCOMMODATION
The premises provide the following approximate net internal floor areas:
C​ ONCESSIONS
The property is available on a sublease for a
term to be agreed, at a reduced rental of £40,000 per annum exclusive. Alternatively, a long rent free period is available to a suitable assignee.
RENT
£40,000 per annum, exclusive.
RATES
Rateable Value: £49,250.00
UBR: 49.30p
Rates Payable: £24,280.25
Please verify the actual rates payable with the local authority.
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in the transaction.
VIEWING
For further information or to arrange an inspection, please contact the above.
Ground floor sales Ground floor GIA First floor GIA Gross area
TENURE
474 sq m 667 sq m 352 sq m
1,029 sq m
5,102 sq ft 7,287 sq ft 3,789 sq ft
11,076 sq ft
The property is held on a lease expiring March 2031, at a current rent of £57,500 per annum exclusive.

Area
sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£40000
Location
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