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Dartmouth

£315,000

Business rates & charges may apply

Bettesworths, Devon
SIZE

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SECTOR

Commercial property for sale

Key features

  • Prominent Commercial Investment Property
  • Ground Floor Commercial Unit Let as a Banking Hub
  • Let on a 10 Year Lease from April 2024
  • Rental Income of £25,000 Per Annum
  • A Great Investment Opportunity

Description

Prominent Commercial Investment Property. Rental Income of £25,000 Per Annum.

The property is located on Victoria Road, Dartmouth. The ground floor retail unit is let to Cash Access UK Ltd. The Banking Hub is a shared space providing easy access to everyday cash and face-to-face banking services for customers of the major banks.  The first floor residential apartment has been sold on a 999 year lease. 

GROUND FLOOR

With customer service area, 2 offices, staff cloakroom and kitchen.

REAR EXIT

With bin store.

TENURE

The property is to be sold freehold, subject to the commercial occupational lease and the residential lease which has a term of 999 years from 2010.

The ground floor is let to Cash Access UK Ltd at a rent of £25,000 per annum.

The lease has repairing and insuring obligations with a term of 10 years from April 2024. There is a tenant only break clause and a rent review at year 5.

A Service Charge is in place for the upkeep of the communal areas and the roof.

LEGAL COSTS

Each party are to bear their own costs incurred in any transaction.

EPC RATING D

VIEWING

Viewing is strictly by prior appointment with the Sole Agents, Bettesworths.

All interested parties are politely requested to respect the tenants' quiet enjoyment of the property.

Energy Performance Certificates

Energy Performance Certificate

Brochures

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Paignton Station5.8 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

These notes are private, only you can see them.

Disclaimer - Property reference 12755252. 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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