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A fantastic opportunity to showcase your business in a prominent main road location with around 28,000 vehicles passing every day! This property is presented in an excellent turnkey condition and benefits from recent rewire, heaters and air conditioning, hot and cold water, hard wired internet connections, mezzanine floor storage, over 400sqft of floor space, ideal office, quality kitchen area, quality staff toilet area, and laminate flooring. Available on a new lease with terms to be agreed. Tenure and cost subject to satisfactory reference, the landlord will grant new terms to be agreed. The lease will be contracted out of the LTA 1954. Annual service charge at £275pa and split of insurance, approx £350pa (tenant will be responsible for their own insurance for shop front and internals). Ingoing party will contribute £800 + vat towards the landlord's legal costs. A £300 + vat (£360) non refundable fee is payable to the agency for referencing. Business Rate: The rateable value is £5600 pa. This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill. (This property may be exempt depending on your circumstances - contact Torbay Council for details).
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