Commercial Property for sale

Courtenay Street, Newton Abbot, Devon, TQ12

£300,000

Property Description

Key features

  • Excellent Location
  • Central Newton Abbot
  • Ground Floor Banking Hall
  • First Floor offices/ancillary
  • Please contact us on: 01803 865116

Full description

Freehold Shop Investment let to Bank of Scotland at a rent of £25,000 per annum on full repairing and insuring Lease.

Situation And Description - Newton Abbot is a busy market town being the commercial centre and heart of the Teignbridge area with a district population of approximately 121,000 extending to some 3000,000 within a 12 ½ miles of the centre. Newton Abbot benefits from a wide catchment area drawing from a large number of small towns and villages in the surrounding area. This is significantly enhanced in the summer by visitors from the nearby coastal towns of Teignmouth, Torquay and Torbay plus the Dartmoor National Park.
 
Communications are excellent via the A380 dual carriageway linking Exeter and the M5 motorway into Newton Abbot and Torbay. Exeter is approximately 16 miles distrant with Torbay some 10 miles distant.
 
The property is promiently located at the end of a busy pedestrianised retail thoroughfare close to the junction of Courtenay Street with Queen Street. The premises are adjacent to a wide rant of multiple retailers to include Iceland, HSBC, Carphone Warehouse, Barclays Bank and Boots. The property is also close to the main shoppers' car parks and the Bus Station.
 
Newton Abbot is undergoing a resurgence following investment in the central retail area backed by the Local Authority.

Accommodation - Brief details of the accommodation with approximate maximum internal dimensions are as follows:-
 
GROUND FLOOR
 
Banking hall approx 54 sqm (582 sq ft)
 
FIRST FLOOR
 
Offices/ancillary 28 sq m (302 sq ft)
 
SECOND FLOOR
 
Offices/ancillary 17 sq m (185 sq ft)

Lease - The property is let to Bank of Scotland Plc occupied under the terms of a 10 year full repairing and insuring Lease from 10th October 2012 at a rent of £25,000 per annum

Vat - We understand that VAT will not be payable on the purchase

Viewing - By appointment with Michelmore Hughes Stags, 26 Fore Street, Totnes. Telephone: 01803 865116. E:mail: commercial@stags.co.uk

Note - All reasonable steps and due diligence have been taken in preparing these particulars. If you have any queries as to any of the statements made herein please contact us before the viewing. These particulars do not constitute part of an offer or contract. We are not qualified to test appliances and systems within the property and have not done so. Measurements are to the nearest three inches with computer generated metric conversion.

These particulars are a guide only and should not be relied upon for any purpose.


More information from this agent

Nearest stations

  • Newton Abbot (0.5 mi)
  • Torre (4.9 mi)
  • Torquay (5.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Stags, Totnes

The Granary Coronation Road Totnes TQ9 5GN

01803 367047 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 stations

  • Newton Abbot (0.5 mi)
  • Torre (4.9 mi)
  • Torquay (5.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Stags, Totnes

The Granary Coronation Road Totnes TQ9 5GN

01803 367047 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.

Disclaimer - Property reference 28329816. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stags, Totnes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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