Specifications
Summary
Description
The unit consists of a modern ground floor retail premises with suspended ceiling and carpeted throughout. The property is situated within a terrace of retail units with good visibility from the street. Newly carpeted throughout. There is opportunity for limited outside seating subject to Landlords discretion. There is also public parking located nearby generating good footfall within the area.
Location
Totnes is the second largest town in the South Hams with a population of approximately 10,000 people and serves a large area of surrounding parishes. The town is known for its vitality and creativity, with a nationally recognised heritage, including a medieval town-centre layout.
The attractiveness and ease of accessibility to the surrounding countryside, ensure Totnes is regarded as a desirable place to live & work. It also benefits from national mainline railway links to London.
The unit is located within the new Churchill Retirement living development which is situated between Fore Street and Station Road being only a minutes walk from the town centre. The unit is positioned in an independent retail location and will benefit from further footfall from the development on completion.
Accommodation
All areas are approximate , measured as GIA and information provided from clients management records).
Ground Floor Sales: 1367 sq ft (127.sq m)
Business Rates
From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value for Units 2 & 3 is £14,000 therefore making the approximate rates payable £6,986 per annum for 2023/24.
If sold separately, the rateable values for the individual units would need to be re-assessed.
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 / MEES
Unit 2: C (69)
Unit 3: B (34)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
The property has been elected for VAT and therefore VAT will be charged on the price.