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Showroom to rent

Fleet Street, Unit 1B (Pizza Hut), Fleet Walk, Torquay, TQ2

Removed 3,451 sq. ft. | £37,500 pa| £3,125 pcm

Property Description

Commercial information

  • 3,451 sq ft (320 sq m)

Key features

  • PRIME RETAIL UNIT: MIX OF NATIONAL, REGIONAL & LOCAL OCCUPIERS
  • INTEGRATED MULTI-STORY CAR PARK
  • COMPETITIVE RATES OFFERED
  • FLEXIBLE TERMS AVAILABLE

Full description

Tenure: Leasehold

The property occupies a prime position on the busy pedestrianized Fleet Street, and forms part of the Fleet Walk Shopping Centre.

79 Fleet Street is a prime retail unit comprising approximately 2,175 sq ft ground floor sales with 1,276 sq ft basement storage and kitchen. Vacant possession is expected by November 2014. The outgoing occupier was Pizza Hut, the unit is currently in a shell specification ready for a tenant fit out, with a further store, WC's and office space at lower ground level.

The premises are close to a multitude of national retailers including a new lettings of 12,700 Sq ft to Sports Direct, & Saltrock, Animal, Laura Ashley, Optical Express, Bon Marche, and Poundland, as well as nearby Wetherspoons pub and TK Maxx.

• MIX OF NATIONAL, REGIONAL & LOCAL OCCUPIERS
• INTEGRATED MULTI-STORY CAR PARK
• COMPETITIVE RATES OFFERED
• FLEXIBLE TERMS AVAILABLE


Location

Fleet Walk is an iconic building dominating the lower end of Fleet Street, where it intersects with the B3199, Cary Parade/The Strand.

The premises are close to a multitude of national retailers including new lettings of 12,700 Sq ft to Sports Direct, directly above the unit & Saltrock, Animal, Laura Ashley, Optical Express, Bon Marche, and Poundland, as well as nearby Wetherspoons pub and TK Maxx.

79 Fleet Street is a prime retail unit comprising approximately 2,175 sq ft ground floor sales with 1,276 sq ft basement storage and kitchen. Vacant possession is expected by November 2014. The outgoing occupier was Pizza Hut, the unit is currently in a shell specification ready for a tenant fit out, with a further store, WC's and office space at lower ground level.

Accommodation

All areas are approximate and measured in accordance with the RICS Code of Measuring Practice on a gross/net internal basis.
Net Frontage -
Internal Width
Shop Depth 77'7"
Ground Floor Sales 2,175 ft2 202.06 m2
Basement Ancillary 1,276 ft2 118.54 m2
TOTAL 3,451 ft2 320.61 m2





Planning



Rent / Price

Rent quoted upon application.

Terms

The unit is available on a new lease on effective full repairing and insuring basis by way of a service charge, for a term of years to be agreed, subject to an upward only rent review at the expiration of each fifth year of the term.

Rateable Value

We are advised by the Valuation Office website (www.voa.gov.uk) that the 2010 rateable value is as follows:

SHOP & PREMISES - £59,500
UBR (2014/15) - 48.2 p/£
Rates Payable (2014/15) - £28,679

We recommend that any interested parties make further enquiries with the local billing authority on 01803 207207 to check their exact rates payable & whether relief may be available.


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

An EPC has been commissioned and will be available shortly.

Legal Fees

Both parties responsible for their own legal costs.

VAT

All figures quoted are exclusive of VAT if applicable.


More information from this agent

Energy Performance Certificates (EPCs)

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