Specifications
Summary
Description
The property, located on the corner junction of Queen Street, Lemon Road and Devon Square, offers a main ground floor sales area together with ancillary storage areas at the rear & 1st floor. Full glazed frontage looks out onto the causeway providing good visibility for passing pedestrians and commuter traffic.
The shop and store areas would benefit from a simple refurbishment.
Additional parking for 3 cars available at the rear.
Nearby businesses include Complete Estate & Letting Agents, Cost Cutters and Papa Johns.
Please note, the current tenant is in situ until November 2025 when the property will then become vacant.
Location
Newton Abbot, with a population of approximately 27,100, is situated approximately sixteen miles to the south of Exeter and some seven miles to the northwest of Torbay.
Queen Street is one of the main road running through the town and is home to an extensive number of shops, independent businesses and services . The property is within easy reach of nearby public car parks and near to the professional district in and around Devon Square.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net internal basis.
Ground floor (front sales) 526 sq ft / 48.86 sq m
Ground floor (rear sales / storage) 661 sq ft / 61.38 sq m
1st floor store : 673 sq ft / 62.52 sq m
Total: 1,860 sq ft / 172.76 sq m
Service Charge
A service charge is levied for the upkeep and maintenance of the external areas and structure of the building with the current budget being circa £1,888 per annum.
Please enquire for further information.
Business Rates
From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £11,500, therefore making the approximate Rates Payable £5,738.50 per annum for 2024/25. Interested parties should make their own enquiries.
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
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.
