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COMMERCIAL

Lower Union Road, Kingsbridge, TQ7 1EF

Guide Price
£200,000
Luscombe Maye, Kingsbridge
PROPERTY TYPE

Commercial Property

BEDROOMS

1

BATHROOMS

1

SIZE

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Floor/Site plan 1
1

Description

LOCATION
Farthingmead is situated in a convenient and central location in Lower Union Road within walking distance of the town centre, the Promenade and quay.  The town is well represented with a range of national and independent shops, including TG Jones, Boots the chemist, Peacocks and Costa.

Kingsbridge is a popular market town with a resident population of about 6,000 with a far reach over the surrounding countryside and coast.

The harbour town of Salcombe is about 7 miles by road, Totnes with a mainline railway station about 14 miles, the city of Plymouth about 20 miles to the west and Exeter about 40 miles to the North.

DESCRIPTION
Farthingmead comprises a two storey mainly stone built property with externally stone faced and rendered elevations under a pitched roof.  The property is currently let on the first floor to someone trading as Two Rooms and the ground floor is let.

ACCOMMODATION
The premises on the first floor are entered up steps to a pedestrian door from Lower Union Road frontage and comprises a storeroom with ample display area and WC on the first floor.  The ground floor is accessed through pedestrian doors direct from Lower Union Road and the premises are currently used for storage purposes.

AMENITIES
The premises are within walking distance of the town centre amenities.

SERVICES
Mains electricity, water and drainage are connected.

TENURE
Freehold.

LEASE
The property is offered for sale freehold as an investment subject to the lease on the first floor dated 7 February 2025 for three years and ending on 6 February 2028 at a rent of £5,500 per annum payable by equal monthly instalments in advance.

The ground floor premises are let on the terms of a lease dated 7 February 2025 for three years and ending on 6 February 2028 at a rental of £5,500 per annum payable by equal monthly instalments in advance.

RATES
We have checked on the VOA website and the premises have a rateable value of £7,600.

VAT
All figures within these terms are exclusive of VAT at the prevailing rate where applicable.

LEGAL COSTS
Each party to bear their own legal costs in this transaction.

VIEWINGS
Strictly by appointment with the sole selling agents Luscombe Maye, 62 Fore Street, Kingsbridge TQ7 1PP.  Tel:

Brochures

Brochure 1Brochure 2

Energy Performance Certificates

EPC 1

Lower Union Road, Kingsbridge, TQ7 1EF

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ivybridge Station9.4 miles
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About Luscombe Maye, Kingsbridge

62 Fore Street, Kingsbridge, TQ7 1PP
Industry affiliations:

About Us

Luscombe Maye is a multi disciplined firm dealing with many different aspects of property but one of the main cores is its Residential Estate Agency Department.

Six prominent property showrooms are strategically situated in Kingsbridge, Totnes, Modbury, South Brent, Yealmpton, Newton Ferrers and Salcombe. No matter what part of the South Hams you are in, one of them is conveniently placed to handle your sale or purchase.

Although the offices are all distinctly different, every member of staff shares the one common goal of providing you with the best service possible.

Whether you are a first time buyer, just getting your foot on the ladder or an investor adding to your property portfolio; if you are moving to a larger home as your family expands or downsizing as retirement approaches, We are here to help you with a team of dedicated and well-trained professionals who will guide you through the whole process from initial valuation to completion and moving day itself.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference S1711177. 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 Luscombe Maye, Kingsbridge. 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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