Retail premises to let in 1 - 1A Duke Street, Tavistock, Devon PL19

The property comprises of a double fronted retail unit. Internally the property is currently split into two separate units, but works are underway to put the property back into one open plan unit. There are kitchen and toilet facilities to the rear, as well as rear access to the property.

Location

Located on Duke Street close to the roundabout that links West Street, Duke Street, Bedford Square and Drake Road. The property occupies a very prominent position close to Bedford Square and the entrances to the Pannier Market.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net internal basis.

NIA - 223.2 sq m (2,402 sq ft)

Itza - 127.3 sq m (1,307 sq ft)

Planning

The amended use classes would mean this property could be used for E class uses which include retail, cafe/restaurant, creches, indoor recreation and gyms. Please enquire for further information.

Rent / Price

£45,000 per annum exclusive

Terms

The premises are available by way of a new full repairing and insuring lease. Terms to be agreed.

Business Rates

From the Valuation Office Agency website () we understand that the shops are currently assessed as two units with a current Rateable Value of £29,500 for 1 and £23,000 for 1A. Therefore making the approximate Rates Payable £14,721 per annum and £11,477 per annum respectively for 2021/22.

The unit will be re-assessed once the works are completed. Interested parties are advised to confirm the rating liability with West Devon Borough Council

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

C (68)

Legal Fees

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

VAT

All figures quoted are exclusive of VAT if applicable.