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Dawlish

£125,000

Business rates & charges may apply

Bettesworths, Devon
SIZE

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SECTOR

High street retail property for sale

Key features

  • Owner Occupier Opportunity in Prominent Location
  • Vacant Possession in October 2025 – Potentially Earlier on Negotiation
  • Investment Potential – Current Rent of £9,450 Per Annum
  • Gross Internal Area Approx. 94m² (1,010 sq ft)
  • Prominent Roadside Location in Popular Tourist Town

Description

Owner Occupier Opportunity in Prominent Location. Investment Potential - Current Rent of £9,450 Per Annum.

4-5 Piermont Place is centrally located on a prominent roadside site, providing convenient access to the rest of the town, as well as the seafront, beaches and railway station. Dawlish is situated approximately 10 miles south of Exeter, 9 miles west of Newton Abbot and 2 miles north of Teignmouth. The town is primarily accessed via the A379, a scenic coastal route connecting Exeter to Newton Abbot and Torbay. The M5 motorway can be reached at Junction 30, approximately 10 miles away, offering excellent transport links to the wider region. Exeter provides a comprehensive range of amenities and services. The property presents a rare opportunity for an owner-occupier to acquire a prominently positioned retail premises in the heart of the town. Offering a spacious retail area at the front, leading to a further showroom at the rear, along with an office/workshop and toilet, the premises is well-suited to a variety of retail uses, subject to any necessary consents.  The current tenancy is due to end in October 2025, (or earlier on agreement with tenant) the property provides the flexibility to occupy the space or explore the potential for re-letting as an investment opportunity. Its generous size and high-visibility location make it an attractive proposition for businesses seeking a prime trading position.

FRONT RETAIL AREA

29' 4'' x 22' 0'' (8.93m x 6.70m) (max)

REAR RETAIL AREA

9' 5'' x 8' 9'' (2.88m x 2.67m) (max)

WC

TENURE

Offered for sale freehold, subject to the two long leasehold flats sold off above (999 year lease) and the commercial tenant's lease.

The commercial tenants lease runs from 5th October 2022 for 6 years, but notice has been given that they are leaving 5th October 2025. The tenants may consider vacating early if required.

BUSINESS RATES

2023 List: £9,200

Please note this is not the Rates Payable amount. Eligible parties will be able to claim 100% Small Business Rates Relief. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.

LEGAL COSTS

Each party will be responsible for their own legal costs unless expressly agreed otherwise.

EPC RATING B

VIEWING

Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.

Energy Performance Certificates

Energy Performance Certificate

Brochures

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dawlish Station0.1 miles
  • Dawlish Warren Station1.6 miles
  • Teignmouth Station2.6 miles

About Bettesworths, Devon

Fleet Street, Torquay, TQ1 1BB

Bettesworths is an independent family business, owned and run by the third generation Chartered Surveyor Directors, Matt & Paul.

We have an experienced team, highly skilled and expert in delivering a broad range of services to clients looking for the very best results.

Our breadth of experience across all property sectors, the depth of our day to day involvement and our technical knowledge gives Bettesworths an unrivalled platform from which to provide advice to meet our clients’ needs.

Our clients range from private individual property owners and occupiers to PLC institutions. We ensure each and every one is best supported with a service with which to meet the challenges and changes in the market and their own circumstances.

We offer free initial consultations without obligation, so please contact a member of our team to discuss your requirements.

Notes

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Disclaimer - Property reference 12637371. 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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