Retail unit to rent in Torquay
Retail unit to rent - Strand, Torquay TQ1 2DE, UK
- 24 hr Access
- Assembly / Leisure Use
- Café / Restaurant Use
- Leisure facility
- Retail / Office Use
- Retail Use
- Self contained premises
Retail unit to rent in Torquay. This landmark Grade II listed property is prominently situated on The Strand, overlooking Torquay's inner harbour close to a number of bars and restaurants as well as high end independent and multiple retailers including Debenhams, Boots and Hoopers department store.
Ground Floor - 1,593 sq ft (148 SQm)
The subject premises will comprise the ground floor only with the approximate net internal floor areas.
A planning/listed building application has been submitted (P/2019/0997) to adjust the shop-front to bring the windows down to ground level and install a new entrance. A CGI of the proposed frontage is shown in the images.
Rent - £30,000 per annum exclusive
The premises are available on a new effectively full repairing and insuring basis, for a term of years to be agreed.
EPC - The property has an EPC Rating go D-89
VAT - All figures quoted are exclusive of VAT
Each party is to be responsible for their own legal costs incurred in the transaction.
The Valuation office website states that the WHOLE premises have been entered into the 2017 Rating List as follows:
Description - Bank and Premises
Rateable Value - £39,250
UBR 2019/2020 - 49.1p
The premises would need to be re-assessed if the ground floor is taken separately to the additional first and second floors (Which are available through a separate negotiation).
Interested parties are advised to make their own enquiries of the Local Billing Authority to ascertain the exact rates payable and whether transitional/small business rates relief may be available.
We understand the premises benefits from A2 (Financial & Professional Services) planning consent, with A1 (Retail) use also being permitted. Alternative uses would be considered subject to planning.
Interested parties are advised to make their own enquiries of the Local Planning Authority.