The ground floor retail unit is located mid-way in a parade of community retail units and faces onto the old Paignton Road / Roundhill Road junction. Bus stop located nearby.
The unit has a front fully glazed window and front door entrance. Internally, the main retail-sales area is largely configured on the ground floor level with rear elevated storage areas and WC accessed via a set of upwards steps.
There is a rear door accessing a private car park area. Whilst parking spaces are not specifically allocated, the area is designed for customer use and also provides for a loading / delivery area.
Externally, there is a pavement immediately in front of the unit which could be utilised, subject to the appropriate permissions.
Roundhill Road, Livermead sits between Torquay and Paignton.
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
The amended use classes would mean this property could be used for E class uses which include retail, cafe/restaurant, creches, indoor recreation and gyms. Please enquire for further information.
Rent / Price
£12,500 per annum ex
The premises are available by way of a new full repairing and insuring lease.
From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £5,600. Therefore making the approximate Rates Payable £2,794.40 per annum for 2022/23. From the 1st April 2023 a new rating list comes into effect which will see the approximate Rateable Value increase to £9,200 making the Rates Payable £4,590.80 per annum for 2023/24.
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
Each party to be responsible for their own legal fees in relation to this transaction.
All figures quoted are exclusive of VAT if applicable.