Tiverton, Devon

£8,000 Per Annum
Bed
Bathrooms
  • Prominent Retail Unit
  • Ground Floor 343 sq f t / 31.8 sq m
  • Basement 213 sq ft / 19.8 sq m
  • Popular trading position close to Market Walk shopping precinct
  • 100% Business Rates Relief
  • New Lease immediately available
  • Rent £8,000 p.a.x.

Full Property Details

To Let (or for Sale)

40 Bampton Street, Tiverton, Devon EX16 6AH

Prominent Retail Unit

Ground Floor 343 sq f t / 31.8 sq m

Basement 213 sq ft / 19.8 sq m

Popular trading position close to Market Walk shopping precinct

100% Business Rates Relief

New Lease immediately available

Rent £8,000 p.a.x.

The premises are located within the heart of the town centre in a good secondary trading position, close to the Market Walk shopping centre and car park.

Nearby occupiers include Fox & Sons estate agents, BetFred, Peacocks Clothing, The Post Office and Costa Coffee amongst other independent and national retailers.

The property comprises a ground floor lock up shop with main sales area and ancillary office/storage area to the rear. In the basement there is a storage and display area, office and staff w/c facilities.

Accommodation

The following areas and dimensions are approximate and based on a net floor area:

Gross frontage: 7.10m (23'4)

Net frontage: 5.64m (18'6)

Ground floor: 31.8 sq m (343 sq ft)

Basement: 19.8 sq m (213 sq ft)

Total: 51.6 sq m (556 sq ft)

Lease Terms

The premises are available on a new lease for a term to be agreed. The lease to be drawn on a contributory full repairing and insuring basis.

Rateable Value

Rateable value: £7,400

Rates payable 2017/2018 £3,448.40

Planning

The property has the benefit of Class A1 Retail and has potential for other uses to include A2 (Financial and Professional Services) and A3 (Restaurant), subject to the necessary planning consent.

Energy Performance Certificate

An EPC has been produced and the rating is D (87)

VAT

All figures are exclusive of VAT where applicable.

Legal Costs

Each party to pay their own legal costs incurred in the transaction.

For Sale

The Freehold interest of this shop and the adjoining shop - number 38, is available for purchase at a guide price of £180,000. Further details are available on request. Note, the four flats above, have been sold off on long Leases at nominal rents. Three of the flats will need to extend the length of their Leases in due course, which could well be beneficial to the purchaser of the Freehold.

Viewing and Further Information

Strictly by appointment through the sole agents:

Seddon Estate Agents

8 Fore Street, Tiverton, Devon EX16 6LH

Telephone: 01884 253500

Contact: Nick Seddon

Email: tiverton@seddons.com or nick.seddon@seddons.com

and

Stratton Creber Commercial

20 Southernhay West, Exeter, Devon EX1 1PR

Contact: Damian Cook MRICS

Tel: 01392 202203

Email: damian@sccexeter.co.uk

Please see the floor plan for the dimensions. The internal photos have been taken with a wide angle lens to show more of the rooms.

Property Location Map

Floor Plan

Property Floor Plan

EPC

EPC