Specifications
Summary
Description
The property is a 3-storey mid terrace with retail sales on the ground floor. The upper floors were previously used as offices but now have approved planning for residential conversion.
The shop has its own entrance with a new 6 year lease in place.
Location
The property occupies a prominent position adjacent to White Stuff on the Southern side on Dartmouth's Historic Quay. There is a mix of national, regional and local occupiers in the vicinity including Fat Face, Boots, Henri Lloyd and Crew.
Car parking is available directly outside the unit and along the Quay. There is also the Dartmouth main surface car park located 2 mins walk from the property.
Accommodation
All First Floor areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition). The Ground Floor retail measurements have been taken from the Valuation Office Website. Please rely on your own approx. measurements.
Ground floor sales: 46 sq m (496 sq ft)
First floor office & store: 29.28 sq m (315 sq ft)
2nd floor office: 30.50 sq m (328 sq ft)
2nd floor kitchen: 3.57 sq m (38 sq ft)
Business Rates
From the the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Values for the Ground Floor, First Floor & Second Floor is £25,000, £2,540 & £2,950 respectively.
The upper floors would need to be re-assessed if future use as residential accommodation.
Interested parties are advised to confirm the ratings liability with South Hams District Council.
Services
We understand that mains electricity, gas, 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
Details of the EPC ratings can be obtained from the agents.
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.
