Occupying a prominent location in Victoria Street, Paignton’s prime pedestrianised retail area close to the extremely busy junction with Hyde Road and Torbay Road next to the pedestrian railway crossing
leading to the seafront and pier. The site enjoys all year round footfall and nearby retailers include Betfred, Bon Marche, Costa Coffee, New Look, Santander Bank, Superdrug and Sports Direct.
The Premises
Main Shop
Frontage 3.71m increasing to 4.45m
Depth 5.40m maximum
Net Internal Area 18.04m² (194 sq. ft.)
Rear Prep Area
1.05m x 6.45m 6.77m² (79sq. ft.)
WC Facilities
The shop tenants will have access for staff only of communal facilities at first floor level.
Pavement Licence
There has been a pavement licence in the name of a previous tenant and any purchaser must make their own enquiries direct to Torbay Council regarding transfer or getting a new one.
Lease
A new lease is to be granted on effective FRI terms by way of a service charge.
Length negotiable, subject to 3 yearly upwards only rent reviews.
Rent £12,000 p.a. exclusive of rates and utilities, payable quarterly in advance.
Legal Costs
Each party to be responsible for their own legal costs incurred.
Business Rates – 2023 Rateable Value – £6,700 – full small business relief applies where and if applicable.
VAT – The premises are not elected to VAT.
Viewings – Contact Waycotts
