Land for sale in 51-52 Brook Street, Tavistock, Devon PL19

Situated in the heart of Tavistock this site has planning permission for the construction of two retail units. The previous building has been demolished to provide a clear site, and the pile foundations have been constructed which makes the planning permission an extant consent.

The blue outlined area on the plan will be demolished as part of the reconfiguration of the adjoining unit and will be included within this site, therefore providing a uniformly shaped site ready for development.

The first section of the units will provide an impressive double height vaulted ceiling area which will prove popular with retailers. 51 also has the benefit of a decking area to the rear.

The owner has received interest and offers from prospective tenants, so demand is good albeit the space is not being marketed as the owner wishes to sell rather than develop themselves.

Location

The site is located in the heart of Tavistock which is a unesco World Heritage Site. The market town is located on the western edge of Dartmoor, providing a "gateway to the moors". The town is a vibrant shopping location for locals and tourists with regular markets and the Pannier Market drawing people to it.

The site is located on Brook Street, which is the main street within the town. Nearby occupiers include Superdrug, Mountain Warehouse, White Stuff and Crew to name a few.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) taken from plans.

Site area: 0.08 hectares (0.191 acres)

51

Ground floor - 234 sq m (2,550 sq ft)
Rear Decking Area - 51 sq m (546 sq ft)

52

Ground floor - 389 sq m (4,186 sq ft)
Rear First Floor - 86.5 sq m (930 sq ft)
Total - 475.5 sq m (5,118 sq ft)

Planning

Planning permission has been granted under reference number 1955/18/ful, with variations granted under reference 2644/22/var.

Rent / Price

£595,000

Business Rates

The units will be assessed once completed. For further information contact West Devon Borough Council.

Services

The water connection has been paid for and capped in the road with 2 x 32mm pipes. The electrical connection has not been installed because the quote expired, the quote was £10,000. Interested parties are advised to confirm the availability and capacity is what is required.

EPC

Not required

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property has been registered for VAT and therefore VAT will be payable on the purchase price.