Shop for saleStation Road, Bovey Tracey, Newton Abbot
SALE AGREED BY MICHELMORE HUGHES. This property comprises a ground floor commercial unit presently used as a hairdressing salon, with a well proportioned self contained two bedroom first/second floor maisonette above and a small rear courtyard.
GROUND FLOOR-RETAIL SHOP AREA * REAR STAFF/STORE ROOM * W.C. * FIRST/SECOND FLOOR - LIVING ROOM * KITCHEN/BREAKFAST ROOM * 2 BEDROOMS * BATHROOM/W.C. * SMALL REAR COURTYARD
The property is located on the main street that runs through Bovey Tracey. The town offers a wide range of individual shopping outlets, eating venues/public houses and recreational/cultural facilities. Bovey Tracey is within the Dartmoor National Park with the open moor accessible at Haytor and is a short drive away from the A38 Devon Expressway which provides access to Plymouth, Exeter and beyond via the M5 Motorway.
The shop section of the property is currently let as a hairdressing salon on a 5 year lease from the 1st October 2013. The maisonette has recently become vacant but was attracting a rent of £565.00 per calendar month (£6,780 per annum).
DIRECTIONS:- From the A38 follow the signs for Bovey Tracey. On entering the town 4 Station Road will be found on the left hand side.
GROUND FLOOR :-
RETAIL SHOP AREA Frontage 3.83m x 7.32m (12' 6" x 24') access to:-
REAR STAFF/STORE ROOM 4.78m x 1.87m (15' 8" x 6' 1")
W.C. 1.53m x 0.92m (5' x 3')
NET INTERNAL AREA 35.24m sq. (115' 7" sq.)
SEPARATE ENTRANCE Leading to:-
HALL WAY Staircase to the first floor hall.
LIVING ROOM 5.64m x 4.49M (18' 6" x 14' 8") Maximum.
KITCHEN/BREAKFAST ROOM 3.76m x 2.75m (12' 4" x 9')
BATHROOM/W.C. 2.19m x 2.17m ( 7' 2" x 7' 1") With bath, basin and w.c.
BEDROOM 1 4.49m x 3.7m (14' 8" x 12' 1") Maximum
BEDROOM 2 3.67m x 3.51m (12' x 11' 6")
OUTSIDE A small rear courtyard
TENURE AND OCCUPATIONAL LEASE
The ground floor shop is presently let on a lease date 1st October 2013 for a period of five years with reversion on the 31st September 2018.
The current shop tenant pays £440.00 per calendar month equating to £5,280.00 per annum.
The shop tenant is responsible for the internal repairs and decoration, the landlord external. The tenant also makes a contribution of 33.33% towards common areas and insurance.
The maisonette was up until recently let at £565.00 per calendar month (£6,780.00 per annum).
8.04% Gross yield at guide price, assuming both elements of the property let,
VIEWING By appointment with the agents at The Old Surgery, 26 Fore Street, Totnes. Telephone (01803) 865116. E:mail: firstname.lastname@example.org
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.
IF YOU LIVE IN THE SOUTH HAMS OR SOUTH DARTMOOR AND WOULD LIKE TO TAKE ADVANTAGE OF MICHELMORE HUGHES’ QUALITY MARKETING PLEASE TELEPHONE US FOR FURTHER INFORMATION AND A NO-OBLIGATION MARKET APPRAISAL.
Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
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