Retail Property (high street) for sale

Ticklemore Street, Totnes

Guide Price £225,000

Property Description

Key features

  • RESTAURANT PREMISES ON TWO LEVELS
  • LET ON A 15 YEAR TERM FROM 1ST NOVEMBER 2006

Full description

An investment property with potential for growth.


Entrance Lobby  
from here steps rise up to a middle floor.

Middle Floor:  
24' 9'' x 12' 10'' (7.552m x 3.925m)
including steps to first floor. This area has seating for 12 covers on three tables, with lounge waiting area and bar. Steps lead up from this floor to two higher first floor restaurant areas.

To the front of the building, at 1st Floor Level is the:  

Dining Area 
15' 3'' x 11' 7'' (4.663m x 3.547m)
with 6 tables providing 22 covers, a high apex ceiling with front window, power points and lighting.

Rear Restaurant Area 
8' 4'' x 8' 2'' (2.558m x 2.497m)
with seating for 8 people on three tables with velux window, power, lighting and with low headroom below sloping ceiling. Also leading off the middle reception floor (previously described) is access to:-

Kitchen Area 
13' 1'' x 9' 10'' (4m x 3m)
and arranged in two separate areas, with tenant's fixtures of stainless steel sink units, work tops and cupboards together with cooking range.

Gents Cloakrooms  
with pedestal hand wash basin, urinals and separate W.C.

Ladies Cloakrooms  
with two W.C's each with two piece suite.

Corridor Passage 
giving access to separate external door for deliveries 10.2m x .908m (33' 6" x 3') with quarry tiled floor and access to:-

Store Room 
16' 1'' x 7' 3'' (4.925m x 2.214m)
with quarry tiled floor, power points and light.

SERVICES 
All mains services are connected to the property.

RATEABLE VALUE 
£8,100

RATES PAYABLE 
£3,645.00

THE TENANCY 
The tenancy is for a term of 15 years, commencing 1st November 2006 and ending 31st October 2021.

THE RENT 
Rent payable currently is £12,900 per annum, with three yearly rent reviews.

VIEWING 
Strictly by appointment

THE CURRENT BUSINESS 
The current business is an Indian restaurant that has been established for several years. The footfall past the property is boosted by the presence of one of the main car parks in the town, which is serviced by Ticklemore Street as a direct route into Fore Street.

More information from this agent

Nearest station

  • Totnes (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Rendells, Totnes

57 Fore Street, Totnes, TQ9 5NL

01803 367091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Totnes (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Rendells, Totnes

57 Fore Street, Totnes, TQ9 5NL

01803 367091 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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