Retail premises to let in High Street, Budleigh Salterton EX9

Situation and description

Budleigh Salterton is a much favoured coastal town, being located on the picturesque East Devon coastline between Exmouth to the West and Sidmouth, Seaton and Lyme Regis to the East. The town has a good resident population which is dramatically increased during the holiday season. Exeter and the M5 Motorway are approximately 12 miles distant providing excellent access to the National motorway network together with links to the A38/A380 to Plymouth and Torbay and the A30/A303 to Okehampton, Cornwall, Honiton and London. Exeter offers a mainline railway station to London (Paddington) and has a busy Airport offing National, European and International flights.

The premises are located in High Street, close to a busy Co-op Store and a Lloyds Pharmacy. Other nearby occupiers include specialist retailers, a café, Estate Agents and a selection of local, regional and national retailers. The Rolle Mews Short Stay car park is close by. The premises currently trade as a Gallery and Picture Framing shop. To the rear of the retail area is a useful Workshop / Store which could be used as an office or preparation area depending upon the use of the shop. At the back of the property is a rear access with 1 allocated car parking space. The premises offer flexible accomodation, and would therefore suit a wide variety of potential uses, subject to the usual consents.

Accommodation

Brief details of the accommodation with maximum internal dimensions are as follows: -

Approached from a wide and prominent frontage from High Street with central glazed door to …..

Retail Area 5.49m x 5.04m (18’1” x 16’6”) max
Generous glazed shop front to High Street with glazed entrance door. Slat boarding to 3 walls. Spot lighting in the window area. Laminate flooring. External blind. Power and lighting as fitted. Walk through to second retail area ……

Retail Area No 2 3.84m x 3.57m (12’7” x 11’9”) max
Leading from the front retail area, but could be sub-divided if required. Slat boarding to 2 walls. Window to rear. Power and lighting as fitted. Laminate Flooring. Door to rear courtyard and parking space. Spot lighting.

Rear Workshop / Store 4.15m x 3.77m (13’7” x 12’4”) max
2 windows to side. Strip lighting. Understairs cupboard. Benching as fitted. Power and lighting. Useful storage or workshop area.

Toilet
Low level W/C suite with stainless steel wash hand basin.

Externally

From the rear workshop area is a door to a service courtyard, with access to a Car Parking space accessed from Brook Road.

Rear Store 3.99m x 0.89m (13’1” x 2’11”) max
Useful store with part glazed door to courtyard.

Rent

£10,950 per annum payable quarterly in advance. Rent incentives are available for an early lease completion. Full details on request.

Tenure

The premises are available on a new 6 or 10 year lease with an upwards only rent review at the mid-way point. A tenant only break cause can also be incorporated at the halfway point providing 6 months prior written notice. The lease will be contracted outside of the Landlord and Tenant Act.

The tenant will be responsible for the repair and maintenance of the shop front and the interior of the premises, with a contribution towards the external maintenance of the building and the buildings insurance.

Rates

Rateable Value:- £6,500 (2023 valuation list)

A reduction of up to 100% may be available under the small business relief scheme. To see if you or the premises qualify for this discount please contact East Devon District Council Business Rates department services
We understand mains water, drainage and electricity are available.

Legal costs

The incoming tenant is to contribute £395 plus VAT towards the Landlords legal costs, including abortive costs, incurred in the preparation of the lease.

Energy performance certificate

A commercial EPC has been obtained. A full copy is available to download from the web site. The rating is C:66

Viewing

Strictly by prior appointment only with the agents, for the attention of Tony Noon Ref (0496)