Kingsbridge, Devon

SITUATION & DESCRIPTION The commercial unit comprises main retail room at the front with a large window fronting onto the busy Fore Street, the centre of the property offers ample space for storage, further retail area or ideal for desks and work areas. To the rear of the property is a large storage room with a fire door to the rear access, there is also a kitchen and large WC.

Kingsbridge is situated at the head of the Salcombe Estuary and has a Leisure Centre with indoor swimming pool and bowls arena, a Cottage Hospital, the highly regarded Kingsbridge Community College, a variety of restaurants and pubs, a cinema, harbour and boating facilities together with a range of independent shops and two supermarkets.

RENT FREE PERIOD The landlords offer a three month rent free period at the start of the lease term.

REFIT The landlords offer a £5,000 fit out incentive for prospective tenants willing to take a 5+ year lease.

SERVICES Mains electricity, water and drainage. Gas fired central heating.

TERMS £11,000 per annum. Offered on a 5 year IRI lease.

BUSINESS RATE Current rateable value of £9,500 per annum. (Small business rates relief may be available)

SERVICE CHARGE Service charge approx. £1100 per annum. RPI increase every 5 years.

DETAILS Class E use.

Total floor area: 971 square foot.

LOCAL AUTHORITY South Hams District Council, Follaton House, Plymouth Road, Totnes TQ9 5NE. Tel: 01803 861234.

VIEWINGS Viewing strictly by appointment with Luscombe Maye.

PARKING None

CODE OF LEASING All interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy.