Retail unit to let in Paignton Devon

Retail unit to let - The Crossways Shopping Centre, Hyde Road, Paignton, UK

Facilities
  • 24 hr Access
  • Retail Use
  • Security Shutter
  • Self contained premises
Description

Retail unit to let in Paignton Devon.
​LOCATION­TQ45BL
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.

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.
ACCOMMODATION
The premises provide the following approximate net internal floor areas:
Ground floor sales - 474 sqm (5102 sq ft)
Ground floor GIA - 667 sqm - (7287 sq ft)
First floor GIA - 352 sqm - (3789 sq ft)
Gross area- 1,029 sq m (11076 sq ft)

The property is held on a lease expiring March 2031, at a current rent of £57,500 per annum exclusive.

Area
11076 sq ft
Security Shutters
Yes
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£40000
Location
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