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Newton Abbot

£375,000

Business rates & charges may apply

Bettesworths, Devon
SIZE

Ask agent

SECTOR

Commercial property for sale

Key features

  • Town Centre Commercial Investment Property
  • Established Tenants. Business Unaffected
  • FR & I 15 Year Lease from 2021. Rent £26,000 PA
  • Ground Floor Currently Operating as a Restaurant
  • Residential Accommodation to 1st & 2nd Floors

Description

Town Centre Commercial Investment Property. Established Tenants, Business Unaffected.

The property is located on Queen Street in central Newton Abbot, South Devon. Queen Street is an edge of prime town centre high street position. The property is in close proximity to the pedestrianised Courtenay Street area of the town centre.  Queen Street is a thriving retail area with a healthy mix of national, multiple and independent operators and occupiers.    A terrace property with ground floor commercial unit, currently trading as a reputable restaurant with residential accommodation over the 1st and 2nd Floors. The property is held on a Fully Repairing and Insuring Lease for 15 years from 2021, at a rent of £26,000 per annum. 

GROUND FLOOR COMMERCIAL UNIT

Operating a Restaurant with seating area and commercial kitchen. Ladies & gents cloakrooms. Parking for 2 cars & bin store.

RESIDENTIAL ACCOMMODATION

Set out as :- First floor with large kitchen/dining area, living room, shower room and storeroom. Second floor with 2 bedrooms.

GENERAL INFORMATION

TENURE

Freehold subject to the commercial lease.

BUSINESS RATES

2023 List: £12,350. (To be confirmed)

COUNCIL TAX BAND B

EPC RATING C

SERVICES

The property is connected to all mains services.

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

Newton Abbot

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newton Abbot Station0.4 miles
  • Torre Station4.8 miles

About Bettesworths, Devon

221 St Marychurch Road, Torquay, Devon, TQ1 4NB

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 12883195. 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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