Property to rent

Underhill are delighted to offer for lease this flexible commercial space in Dawlish Town Centre. The property could be adapted to suit the leaseholders' commercial interests and would suit a wide variety of potential users subject to all necessary consents and the landlord's approval. With 2 large rooms and a rear storage space and kitchen area, this property lends itself to a variety of potential uses; previous tenants include a shop, a hairdresser and, most recently, commercial offices.  The property is on one of the main routes into town and has a range of restaurants, bars and shops on it. A new business could be enhanced through collaborating with the established Chamber of Trade, through which local businesses cooperate for mutual benefit. Dawlish is an established diverse community, with many interest groups, an established tourism trade and good transport links. Viewings are highly recommended.

The main door to the property opens to a large lobby, containing the electrical units and a door to:

Room 1:
The room is brightly lit by a large shop window, which is currently obscured by glazing film. The room is currently laid out as an office and could be remodelled in a variety of ways to suit individual business needs.  A stud wall has been built with a wooden door through to:

Room 2:
This smaller room is also laid out as an office. The room leads to three steps leading to:

Kitchen and Store:
This long room contains large storage shelving and has a small kitchen area installed at the far end. This room leads to:

W.C.:
With a toilet and hand basin, the room provides facilities for the occupants.

NB. The water meter for the property is shared with a domestic flat next door. An agreement for a contribution to the water costs will be discussed ahead of the lease signing.

Rent
A rent of £695 per month is payable in advance by standing order. This equates to an average of £160 per week.

Service charge
The tenant will be asked to make a reasonable contribution towards the electricity for the communal area of the building as well as a proportionate contribution to the buildings insurance.  The water supply for the property is shared with a domestic flat next door. An agreement for a contribution to the water costs.

The tenant is responsible for the necessary rates, upkeep of the property, in line with the lease agreement. An electrical breaker unit is situated in room 1 for the convenience of tenants. The electricity meter is situated in a cupboard in the communal lobby area. The tenant is responsible for paying their electricity charges promptly.

Lease:
A new 6-year FRI lease is available with an upwards only rent review at the end of the third year. The tenant shall have the option to terminate the lease after the third year by providing not less than 6 months prior written notice. The lease will be contracted outside of the Landlord and Tenant Act 1954.

If the lease is to be taken by a Limited Company, at least one director will be required to act as a guarantor to the lease for the duration of the term. A 3 months' rent deposit may also be required.

Rates:
Rateable Value: - tbc 

We understand that qualifying businesses are likely to benefit from a rate reduction of up to 100% under the Small Business Rate Relief scheme. To see if you or these premises qualify for this discount, please contact Teignbridge District Council services. We are informed that mains water, drainage and electricity are installed to the premises.

Legal costs:
A contribution of £395 plus VAT is required towards the landlord's legal and administration costs in setting up the new lease.