Full Description:

LOCK UP SHOP IN PRIME TOWN CENTRE LOCATION

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 multi-million pound Jurassic Centre, a redevelopment of the former nightclub to provide shops, offices and a gym and a new Premier Inn hotel.

ACCOMMODATION:


The Main Shop:
measures about 20'5 x 9'6 (6.22m x 2.90m)
Good sized display window and a side entrance door. To the rear of the shop is a WC/Small Store Room.

THE LEASE:
A 3 year lease as a minimum is envisaged at a rental of £3,000 per annum subject to a rent review every 3 years.

Rateable Value (as at November 2018): £2,750
Rates Payable (as at November 2018): £1,320

Note: Up to 100% small business relief may be available. Please make enquiries to East Devon District Council for further details.

MAINTENANCE:
The whole property at 6 Fore Street, which comprises 2 shops and 5 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. 6b we understand is £800 paid half yearly (2018).

VIEWING:
Strictly by appointment with the vendor s agents, Martin Diplock Estate Agents & Valuers, 36 Broad Street, Lyme Regis on (01297) 445500.