Ward & Chowen             Back to Commercial Home Page

TAVISTOCK, DEVON.

cp9178
  • Good Secondary Location
  • 40 sq m (435 sq ft)
  • Existing covenant due to expire in February 2011
ref: 9178

RETAIL INVESTMENT

Price: £80,000

 

 

Ward & Chowen are pleased to be offered this investment property for sale.

The premises are located off West Street, a good quality secondary trading location close to Tavistocks’ prime retail core.

Tavistock is the commercial centre of West Devon. It is a busy market town situated on the western edge of the Dartmoor National Park approximately fifteen miles north of Plymouth city centre and the A38, fifteen miles from Okehampton and the A30 and four miles east of the Devon/Cornwall county border. The town is well known for its excellent range of shopping, educational and recreational facilities and is served by public and private bus services to Plymouth and the surrounding villages.

DESCRIPTION

The property comprises a ground floor retail unit with a good frontage close to Bedford Square.

THE ACCOMMODATION COMPRISES:

Main Shop: 3.8m frontage x 8.3m -31.5 sq.m. (344 sq.ft. )

Office: 3.2m x 2m – 6.2 sq.m. (63.6 sq.ft.)

Kitchen: 2m x 1.1m -2.2 sq.m. (34.9 sq.ft.)

Lobby

WC

SERVICES

Mains water, electricity and drainage are connected to the property.

BUSINESS RATES

Rateable Value - £8,400
Rates Payable - £3,477.60 (2010/2011)

TENANCY

The premises is currently let to OXFAM (a registered charity) on a full repairing and insuring basis for a term of 3 years which commenced in February 2008. However, this lease will be terminated in February 2011 and the premises will then be vacant.

The current rent is £6,500 per annum.

VIEWING

Strictly by appointment with the sole Agents, Ward & Chowen (01822 612458)
Bedford Court
14 Plymouth Road
Tavistock
Devon
PL19 8AY

Tel: 01822 612458 D.D 01822 619817
Fax: 01822 615635
Email: neil.woolcock@wardchowen.co.uk

DIRECTIONS From Bedford Square in Tavistock proceed along West Street and after passing Barclays Bank turn right into North Street where the property will be found on the left-hand side of the road.

NOTE The mention of any services within these letting particulars does not imply that they are in full and efficient working order.

PROFESSIONAL SERVICES

Ward & Chowen (Chartered Surveyors) are able to offer landlords and tenants advice with regard to lease renewals, rent reviews and other matters related to the acquisition and occupation of commercial property. We are also qualified to undertake Rating Appeals on your behalf. Please contact Neil Woolcock BSc(Hons) MRICS IRRV Chartered Valuation Surveyor for further information.

 

These plans are set out as a guideline only and should not be relied upon as a representation of fact. They are intended
for information purposes only and are not to scale.