South Street, Torrington, Devon, EX38

LOCATION
In a convenient town centre trading location, only two doors away from Webbers Estate Agents and adjoining a butcher’s shop on one side.
It is within a short walk of the town centre car park in the heart of Torrington at South Street. Torrington is a thriving market town, serving the rural hinterland and surrounding villages and is a popular as a tourist destination with Dartington Crystal Glass Factory and the nearby RHS Rosemoor Gardens.
Barnstaple is located approximately 11 miles to the South and is the main commercial centre of North Devon with access to the North Devon Link Road to the M5 motorway at Junction 27.

THE PREMISES
This is a mid-terraced Grade II listed building, comprising of a ground floor lock up shop providing a retail space of approximately 340 sq ft with the benefit of rear kitchen and staff cloakroom.
The premises will be available with vacant possession and would be ideal for a variety of retail trades, subject to any necessary planning consent.

LEASE TERMS
The asking rent is £6,500 per annum. A new lease is available on FRI terms and an incoming tenant will need to provide the usual two trade references, 3 months bank statements and proof of ID all for Landlord's approval.

SERVICES
Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING
Strictly by appointment through the selling agents.

RATEABLE VALUE
£3,600 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

LEGAL ADVICE
We strongly recommend that a tenant takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the tenant’s responsibility.

LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.