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£12,000 pa

(£1,000 pcm)

Property to let
Paignton TQ3

    Added on 02/01/2025

    About this property

    • Prime Ground Floor Commercial Premises in Central Paignton

    • Former Bank, Now Vacant & Ready for Various Commercial Uses

    • Gross Internal Area Approx. 178m2 (1,916 sq ft)

    • Open Plan Area with Additional Office Accommodation

    • Excellent Location in Central Paignton's on Primary Transport Route

    Prime Ground Floor Commercial Premises in Central Paignton. Former Bank, Now Vacant & Ready for Various Commercial Uses.

    Situated on Torquay Road, a bustling commercial thoroughfare in Paignton, the property benefits from high visibility and pedestrian traffic. This prominent location is surrounded by a mix of independent retailers and national chains.

    30 Torquay Road, Paignton, is a spacious commercial premises that previously served as a bank. The main retail area is well-lit with ample ceiling lighting and features a large, open-plan space that can be tailored to suit various business needs. A built-in counter remains in situ, which could be repurposed or removed, depending on tenant requirements.

    To the rear of the property is a partitioned office, ideal for private work or client meetings, finished with carpet and modern fittings. Plus, a larger rear office, offering a more expansive area for operational or storage purposes. The building's layout and features provide an excellent opportunity for businesses seeking a prominent location in Paignton's town centre.

    Retail Area

    Frontage (16' 6'' (5.04m))

    Maximum Width (26' 10'' (8.17m))

    Depth (73' 11'' (22.52m))

    Office (10' 8'' x 8' 7'' (3.26m x 2.61m))

    Rear Office (23' 2'' x 13' 6'' (7.07m x 4.11m))

    Tenure

    The property is available by way of a new Full Repairing and Insuring lease, with exact lease terms to be agreed on negotiation.

    Rent

    £12,000 per annum, exclusive. Rent is payable monthly in advance.

    Business Rates

    The unit was formerly part of a larger demise and following a split will be reassessed for business rates. From the current listing, we estimate the business rates for the retail unit to be approximately £19,500. This will make the Rates Payable approximately £9,697 per annum.

    Legal Costs

    Each party will be responsible for their own legal costs unless expressly agreed otherwise.

    EPC Rating D

    Viewing

    Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.

    More information

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