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Lease Unique Retail Unit in Torquay Devon with Frontage, Storage, and Parking

Torquay, Devon
A unique opportunity to lease a vacant retail unit in the heart of Torquay Photo 1
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A unique opportunity to lease a vacant retail unit in the heart of Torquay
  • Status

    FOR SALE

  • Date Submitted:

    29/09/23

  • Advert ID

    600472

  • Reference

    19UNION / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £25,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

A unique opportunity to lease a vacant retail unit in the heart of Torquay

A unique opportunity to lease a vacant retail premises situated in the heart of Torquay’s town centre. The property benefits from an excellent trading position due to the fabulous footfall as well as popular retailers such as Primark being located within proximity. Early viewings are highly recommended.

The property is an excellent size with the frontage measuring over 5 metres in width, meaning it is highly visible from afar. The ground floor comprises of a 90m2 sales area with generously sized storage and office spaces to the rear. As well as this, the first and second floors include additional storage and facilities for employees. At the rear of the property, there is access onto Pimlico which includes off road parking and allows for easy deliveries.

GROUND FLOOR

SALES AREA
17m x 5.3m

STORE
5m x 2.95m

WC

FIRE ESCAPE 
At the rear of the property to Pimlico 
Separate enclosed staircase towards the front of the sales area leading to

FIRST FLOOR

STORE 1 
11m x 5.2m

STORE 2
6m x 7.2m

STORE 3
9.9m x 7.2m

KITCHEN 
3.8m x 2.9m

WC 
Stairs to

SECOND FLOOR

LARGE WAREHOUSE/STORAGE AREA 
10m x 7.4m 
Double and exit doors leading out into a gated parking and delivery area as well as further access onto Pimlico. 

SERVICES
Mains electricity, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents, Lake & Ware, Commercial

BUSINESS RATES
Please make your enquiries on the local Valuation Website (VOA) at www.voa.gov.uk

TENURE
Leasehold. New lease to be set up with terms by negotiation

RENT 
The landlord is seeking £25,000 per annum with a ‘step up’ rent option over a 3 year period.

LEGAL FEES
Ingoing tenant to pay Landlord’s reasonably incurred lease set up costs

VIEWINGS
All viewings and enquiries are to be made through the agents Ware Commercial.
TEL. 01803 328880 Email. [email protected]
www.warecommercial.com

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Contact the seller for more details, or book a viewing

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'A unique opportunity to lease a vacant retail unit in the heart of Torquay - 19UNION / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.