Torquay
Business rates & charges may apply
- SIZE
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- SECTOR
Out-of-town retail property to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Lock Up Retail Unit on Torquay's Harbourside
- Internal Area Approximately 68m2 (732 sq ft)
- First Year Rental Incentives Available
- Suitable for Retail, Office, or Alternative Uses (STC)
- Pavement Space for Retail or Seating (Subject to Licence)
Description
Set in an ideal location in the heart of Torquay, the property is part of a parade of independent businesses which make up a fantastic retail and leisure offer, overlooking Torquay’s inner harbour. Victoria Parade is one of the most desirable trading locations in Torbay, being close to the Town Centre, Seafront and Torquay’s Harbour. This area is a prime destination for locals and tourists throughout the year.
11 Victoria Parade is a ground floor lock up retail unit. The unit benefits from a good-sized retail area (33m²/355 sq ft), fitted with slat walls, ready for retail shelving and hangers. A partitioned storage room (31m2/333 sq ft), kitchenette facilities and a WC. The unit is well suited for retail use. However, it could be adapted to suit alternative uses (subject to necessary consent).
RETAIL AREA
27' 2'' x 13' 1'' (8.28m x 3.99m)
STORE
15' 8'' x 15' 2'' (4.77m x 4.63m)
STORE/KITCHENETTE
12' 4'' x 11' 5'' (3.77m x 3.49m)
WC
REAR COURTYARD
To the of the property is a small courtyard, suitable for storage and extraction.
RENT
£16,000 per annum.
RENTAL INCENTIVES
The landlord is open to offering rental incentives, such as a rent-free period, to help tenants in the first year. Interested parties are advised to speak to the agents to discuss possible incentive options.
TERMS
The property is available by way of a new lease, exact terms to be agreed by negotiation.
BUSINESS RATES
2023 List: £13,750.
Please note this is not the Rates Payable.
The rates payable for this property (without any additional rates relief) will be circa £6,860 per annum.
Small Business Rate Relief will be available for eligible occupiers. SBRR will reduce the rates payable to circa £4,000 per annum.
Retail Relief may also be claimed providing an additional 40% discount on the rates payable.
Interested parties are advised to contact Torbay Council for further information on rates payable and available relief options.
EPC RATING D
VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
Energy Performance Certificates
Energy Performance CertificateBrochures
Torquay
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Torquay Station0.9 miles
- Torre Station1.3 miles
- Paignton Station2.5 miles
Notes
Disclaimer - Property reference 12311705. 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 Bettesworths, Devon. 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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