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Bettesworths - Commercial

Lock Up Retail Unit on Torquay's Harbourside. Internal Area Approximately 68m2 (732 sq ft). Set in an ideal location in the heart of Torquay, the property is part of a parade of independent businesses which make up a fantastic retail and leisure offer, overlooking Torquay’s inner harbour.   Victoria Parade is one of the most desirable trading locations in Torbay, being close to the Town Centre, Seafront and Torquay’s Harbour. This area is a prime destination for locals and tourists throughout the year.     11 Victoria Parade is a ground floor lock up retail unit. The unit benefits from a good-sized retail area (33m²/355 sq ft), fitted with slat walls, ready for retail shelving and hangers. A partitioned storage room (31m2/333 sq ft), kitchenette facilities and a WC.     The unit is well suited for retail use. However, it could be adapted to suit alternative uses (subject to necessary consent).  RETAIL AREA - 27' 2'' x 13' 1'' (8.28m x 3.99m) STORE - 15' 8'' x 15' 2'' (4.77m x 4.63m) STORE/KITCHENETTE - 12' 4'' x 11' 5'' (3.77m x 3.49m) WC REAR COURTYARD To the of the property is a small courtyard, suitable for storage and extraction. RENT £16,000 per annum. RENTAL INCENTIVES The landlord is open to offering rental incentives, such as a rent-free period, to help tenants in the first year. Interested parties are advised to speak to the agents to discuss possible incentive options. TERMS The property is available by way of a new lease, exact terms to be agreed by negotiation. BUSINESS RATES 2023 List: £13,750. Please note this is not the Rates Payable. The rates payable for this property (without any additional rates relief) will be circa £6,860 per annum. Small Business Rate Relief will be available for eligible occupiers. SBRR will reduce the rates payable to circa £4,000 per annum. Retail Relief may also be claimed providing an additional 40% discount on the rates payable. Interested parties are advised to contact Torbay Council for further information on rates payable and available relief options. EPC RATING D VIEWING Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.

Property reference 12311705. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bettesworths - Commercial.

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 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
 Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

 Energy Performance data and Internal floor area: obtained on February 28, 2020 from 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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The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments:
 
 <ul>
 <li>A refundable holding deposit (up to 1 week’s rent)</li>
 <li>A refundable tenancy deposit (up to 5 weeks’ rent (or 6 weeks’ rent if the annual rent is £50,000 or more))</li>
 <li>A payment to alter the tenancy agreement, when requested by the tenant (up to £50 inc VAT, or reasonable costs incurred if higher)</li>
 <li>Payments associated with early termination of the tenancy when requested by the tenant</li>
 <li>Interest, at a rate of up to 3% above the Bank of England’s base rate, for late payment of rent (which is more than 14 days overdue)</li>
 <li>A default fee for the replacement of a lost key or security device</li>
 <li>Payments to service providers in respect of utilities, communication services, TV licence and council tax</li>
 <li>Other payments, permitted under appropriate legislation, including damages.</li>
 </ul>
 
 A letting or property management agent in England must also be a member of a property redress scheme and a member of a client money protection scheme. For further information, or a copy of their membership certificates, please contact the agent directly.

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Lock Up Retail Unit on Torquay's Harbourside. Internal Area Approximately 68m2 (732 sq ft). Set in an ideal location in the heart of Torquay, the property is part of a parade of independent businesses which make up a fantastic retail and leisure offer, overlooking Torquay’s inner harbour.

Retail property (high street) to rent

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