Tiverton, Devon
- The premises are available under a new lease at a rent of £8,500 per annum.
- Length of lease - Five years with a break clause at year three.
- Deposit - Equal to three monthsu2019 rent.
- Rent review - At year three.
- Solicitors costs - Each party to bear their own costs.
- Payment of rent - Due quarterly in advance.
- The notice period - Six months
- Buildings insurance - To pay 25% of the full buildings insurance cost.
- The tenant will be responsible for all internal areas plus the shop front.
Full Property Details
Situated in a busy position, on a vehicular and pedestrian thoroughfare, 24A Bampton Street is certainly in a prime trading area.
The shop unit offers an excellent display area and a characterful shop front. In the past it has been run as a cafe, a gift shop and a food retailer / delicatessen.
Beyond the 'Retail Area' a corner of the shop has been fitted with a basic kitchen comprising working surfaces and cupboards below, and a fitted sink unit. At the rear of the shop is an older kitchen space, good for storage or refitting as a kitchen. A door opens to the rear of the building.
A floor hatch opens to a useful cellar area which suitable for storage.
The towns 'Market Carpark' is situated to the rear of the property making this a very accessible location. Public toilets are also nearby.
Terms:
The premises are available under a new lease at a rent of only £8,500 per annum.
Length of lease - Five years with a break clause at year three.
Deposit - Equal to three months’ rent.
Rent review - At year three.
Solicitors costs - Each party to bear their own costs.
Payment of rent - Due quarterly in advance.
The notice period - Six months
Buildings insurance - To pay 25% of the full buildings insurance.
The tenant will be responsible for all internal areas plus the shop front.
Business Rates:
The premises have been rated as part of a larger unit, so currently there is no business rate confirmation available. Please contact the local authority who would be pleased to assist.
Local Authority:
Mid Devon District Council - 01884 255255
Permitted Payments
For full details of all permitted Tenant Fees payable when renting a property through Seddons please refer to the Scale of Tenant Fees available on Seddons website, office or on request. For further clarification before arranging a viewing please contact the lettings office dealing with the property.
Property Location Map
Floor Plan
