Retail premises to let in 227-231 Torquay Road, Paignton, Devon TQ3

The property consists of a modern and high specification retail / leisure unit with 21 shared parking spaces onsite. The unit is currently utilised as a showroom but could be suitable for alternative uses subject to planning in addition to its existing use.

Location

The premises are located on Torquay Road (A3022) which is the main arterial route into Paignton town centre, approximately 1 mile to the south, linking with Torquay approximately 2 miles to the north. The premises are located adjacent to Sainsbury's local with other occupiers nearby including Anytime Fitness, Subway and Age UK. The premises benefits from dedicated shared parking for up to 21 vehicles.

Accommodation

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

Ground Floor Sales: 4,976 sq ft (462.37 sq m)

Planning

The amended use classes would mean this property could be used for E class uses which include retail, financial & professional services, restaurant, office, indoor sports, medical and nursery uses. Interested parties are advised to make their own enquiries to the Local Planning Authority.

Rent / Price

£80,000 per annum exclusive.

Service Charge

A service charge is levied for the upkeep and maintenance of the communal areas. Please enquire for further information.

Business Rates

From the Valuation Office Agency website () we understand that the current Rateable Value is £58,500.00. Therefore making the approximate Rates Payable £29,952.00 per annum for 2023/24.

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

In the event of a letting the Landlord will undertake appropriate works to ensure the property complies with Minimum Energy Efficiency Standard (mees) Regulations prior to the lease completing.

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.