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COMMERCIAL

88 High Street, Totnes

Guide Price
£140,000
Stags, Totnes
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

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1

Key features

  • Grade II listed property
  • Strong tenant covenant

Description

Ground Floor Retail Shop

Situation - Totnes is an historic market town in the South Hams area of South Devon. The town centre offers an excellent range of shops, amenities and leisure facilities and many popular restaurants. Totnes has a mainline railway station on the Penzance to Paddington line.

Fore Street and High Street consist of the prime retail area of the town.

Description - Located towards the top end of High Street, the property sits within a mix of traders. The property comprises a grand floor retail unit currently let to Oxfam on the remainder of a 15 year lease from 2015. There are two flats above which are sold off on long leaseholds.

Accommodation - Ground Floor Shop comprising of main retail area 43.8 sq m plus office/kitchen area, W.C and storage area. Total floor area 76.5 sq.m.

Tenure And Leases - Ground Floor Shop - Let on the reminder of a 15 year lease from 19th March 2015 to Oxfam UK. Passing rent £10,750 per annum.

First and Second Floor Flats - Leases expire 25.03.2029.
Ground rent £40 per annum per flat.

Epc - The ground floor shop has an EPC of C



Viewing - Viewing by prior appointment with the Agents, Stags Commercial
Tel or Email

Rateable Value - We have been informed that the property has the following rateable value: 2023 List - £10,250.
Please note this is not rates payable.
For further information please contact the local billing authority, Torbay Council.

Freehold Sale - The sale of the freehold is offered subject to the existing tenancies at a guide price of £140,000.

Brochures

88 High Street, Totnes

Energy Performance Certificates

100_0813.JPG

88 High Street, Totnes

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Totnes Station0.6 miles
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About Stags, Totnes

The Granary Coronation Road Totnes TQ9 5GN
Industry affiliations:

Stags' office in The Granary, Totnes isn't hard to find. It's an imposing historic stone building on Coronation Road, next to Morrisons supermarket, which offers ample parking. Stags has been a dynamic influence on the West Country property market for over 150 years and is acknowledged as the leading firm of chartered surveyors and auctioneers in the West Country with 22 geographically placed offices across Cornwall, Devon, Somerset and Dorset. We take great pride in the trust placed in our name and our reputation.

Stags offers the security of using an exceptional professional service with qualified chartered surveyors and dedicated property experts, who are able to give individual advice on a wide range of residential issues. We take pride in our in-depth knowledge of the West Country, as well as the regional property markets and are armed with a network of invaluable personal contacts, which enables us to deliver an impressive package of skills.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34139680. 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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