0 bedroom Retail located at Seaton - Rent from £3,500 per annum
Full Description:Rent from £3,500 per annum
LOCK UP SHOP IN PRIME TOWN CENTRE LOCATION
LOCK UP SHOP IN PRIME TOWN CENTRE LOCATION:
Double fronted shop premises on the ground floor of an imposing period property (Grade II Listed). The property occupies a prime trading location in the town centre just 2 minutes walk from the seafront. Seaton is a busy coastal town on the Jurassic Coast (a World Heritage Site) which has expanded rapidly in recent years with further major residential developments planned and in the process of being built. There has been significant investment in the town including the multimillion pound Jurassic Centre, and redevelopment of the former nightclub side to provide shops, offices and a gym and we understand that a new Premier Inn hotel is proposed.
THE MAIN SHOP measures about 17'9 x 17'4 (5.41m x 5.28m) plus windowsIt includes 2 excellent display windows with a recessed central entrance door. There is a partitioned area with worktop and, at the rear a small store and separate W.C. There is also a cellar.
A three year lease is envisaged at a rental of £3,500 per annum for year one, £4,250 per annum for year two and £4,850 year three.
Rateable value: £6,100 (April 2017)
Rates payable: £2,842.60
Note: Up to 100% small business relief may be available. Please make enquiries to East Devon District Council for further details.
The whole property at 6 Fore Street, which comprises two shops and five residential properties is managed by Hillsdon Management Chartered Surveyors of Sidmouth and each tenant pays a service charge to cover external maintenance and buildings insurance. The contribution made by No. 6a, we understand, is £663.12 half yearly (2016).
Strictly by appointment with the vendor's agents, Martin Diplock Estate Agents & Valuers, 36 Broad Street, Lyme Regis on (01297) 445500.
- Lock Up Shop
- Double fronted
- Prime trading location