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Showroom to rent

& 15 Lace Walk, Honiton, Devon, EX14

Removed 1,552 sq. ft. | £30,000 pa| £2,500 pcm

Property Description

Commercial information

  • 1,552 sq ft (144 sq m)

Full description

Tenure: Leasehold

Our client is offering a new sub-lease, to expire 25 March 2018. Lace Walk is located just off the town's High Street, 14 & 15 Lace Walk are behind the Card Factory unit, and opposite Store Twenty One within the main central shopping area. Both units 14 and 15 comprise open plan retail space with storage, kitchenette and W/C facilities. Both units have extensive glazing onto Lace Walk and are available individually at £15,000 per annum, or together as a whole for £30,000.

Location

Honiton is a town and civil parish in East Devon, approximately 17 miles (27 km) North East of Exeter which is easily accessible via the A30.

The M5 motorway passes close by at Cullompton the town benefits from a diverse mix of national, regional and local retailers.

Lace Walk is located just off the town's High Street within the central shopping area and is the main pedestrian thoroughfare from one of the town's main car parks to the High Street.

Lace Walk is named after Honiton's history of "lace making" for which it is famous and is home to a variety of collections.

Lace Walk is located just off the town's High Street within the central shopping area, Lace Walk is named after Honiton's history of "lace making" which it is famous for and the local museum has one of the most comprehensive collections.


Accommodation

All areas are approximate and measured in accordance with the RICS Code of Measuring Practice

DESCRIPTION SQ M SQ FT
Unit 14 73.76 794
Unit 15 70.50 758.86


Planning



Rent / Price

The units are available on a new effectively full repairing and insuring leases on flexible terms to be agreed. There is an opportunity to rent the units together or split them.

The available space comprises ground floor retail accommodation with ancillary storage space. The premises are held under an effectively full repairing and insuring lease for a term expiring 23 March 2018. The property is available by way of a sublease, for a term of years to be agreed.

Terms



Rateable Value

From a visit to the valuation office website www.voa.gov.uk we understand that the current rateable value for unit 14 is £17,500 effective from 1st April 2010 billing authority reference 60103014001. Unit 15 is £18,000 billing authority reference 6010301501.




Services

It is understood 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



Legal Fees



VAT

All figures quoted are exclusive of VAT if applicable.

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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