Lucius Street, Torquay £12,000pa

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Full Details

LOCATION
A vacant lock up shop premises occupying a prominent central position in this popular busy secondary trading location close to the town centre which until recently, traded as an off licence/general store.

The property benefits from a floor to ceiling aluminium framed glass frontage incorporating a single pedestrian door leading into an open plan retail area with ancillary office, storage and WC to the rear.

DESCRIPTION
Accommodation - Shop
Width approx. (5.39m) 17' 8”
Depth approx. (9.55m) 31' 3”
Ground Floor Sales 48.6m² (523 sq ft)

Office & Rear Storage Areas
42.57m² (458 sq ft)

Basement
81.8m² (880 sq ft)
W.C
Total 172.97m² (1861 sq ft)

SERVICES
We have not carried out any tests on the services and are therefore unable to comment on their condition or adequacy.

TERMS
Available on a new lease at a length to be agreed and a current rent of £12,000 per annum.

Freehold Sale
The owner may consider the sale of the whole property which includes a self contained 3-bedroom maisonette currently let and producing £520pcm.

Alternatively, the owner may consider a sale of a long ground lease of the shop and basement only at a peppercorn rent. Further details on request.

OUTGOINGS
Rateable value £8,400 per annum.

VAT
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

VIEWING
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060

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WAYCOTTS (DEVON) LIMITED Trading as WAYCOTTS

41 Houndiscombe Road, Plymouth, PL4 6EX

Company No. 08771510 Registered in England and Wales

VAT Registration Number: 196 9480 44