Retail premises to let in Union Street, Torquay TQ1

An attractive retail premises offering flexible accommodation for those looking to take a highly visible pitch on Torquay's Union Street. With its excellent retail frontage this unit presents an enticing opportunity for those looking to enter the town centre at an affordable rent. The premises benefits from electric security shutter, distinctive retail frontage, a high spec shop fit and generous ancillary space.

Situated at the top end of Union Street, the area has seen a recent improvement in occupancy and sees high footfall driven by national occupiers such as McDonalds, Halifax Bank, Boots and the large number of national retailers presently in Union Square, a brief walk down the road.

Recessed Display Frontage

Providing excellent display space for goods and additional frontage for advertising.

Retail Area

49.49m2 (532 sq ft).
With a high spec shop fit, including built in display cabinets.

Office

6.62m2 (71 sq ft).

Kitchenette

First Floor Storage Room

3.1m2 (33 sq ft).

Tenure

The property is available by way of a new Fully Repairing and Insuring Lease, with the suggestion of a 6-year lease and a tenant’s break clause after 3 years.

Rent

A stepped rent proposed over 3 years.

Year 1 £8,000 per annum.
Year 2 £9,000 per annum.
Year 3 £10,000 per annum.

Business Rates

2023 List: £12,750.

Please note his is not Rates Payable. Eligible parties will be able to claim Small Business Rates Relief.

Legal Costs

The tenant is to cover the landlord’s legal cost incurred in the creation of a lease

Stock

The stock is available via separate negotiations. Parties are advised to speak to the Agents, for further information.

EPC Rating C

Viewing

Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.