£200,000

Retail premises for sale

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Retirement

Guide price

£200,000

(£146.31/sq. ft)

Retail premises for sale

Unit 2 & 3 Brutus Centre, Station Road, Totnes TQ9

1,367 sq. ft

Local area information

Property location

Nearby amenities

  • The Grove School 0.1 miles
  • On Track Education Centre Totnes (SEN) 0.3 miles
  • Totnes 0.3 miles
  • Totnes Ferry Landing 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Modern retail units
  • Sales: Approx 1,367 sq ft (127 sq m)
  • Good footfall
  • Closely located to Fore Street and the town centre
  • Adjacent to Churchill Retirement living
  • Ideal starter unit
  • Located in an affluent town with strong independent traders
The unit consists of a modern ground floor retail premises with suspended ceiling and carpeted throughout. The property is situated within a terrace of retail units with good visibility from the street. Newly carpeted throughout. There is opportunity for limited outside seating subject to Landlords discretion. There is also public parking located nearby generating good footfall within the area.

Location

Totnes is the second largest town in the South Hams with a population of approximately 10,000 people and serves a large area of surrounding parishes. The town is known for its vitality and creativity, with a nationally recognised heritage, including a medieval town-centre layout.

The attractiveness and ease of accessibility to the surrounding countryside, ensure Totnes is regarded as a desirable place to live & work. It also benefits from national mainline railway links to London.

The unit is located within the new Churchill Retirement living development which is situated between Fore Street and Station Road being only a minutes walk from the town centre. The unit is positioned in an independent retail location and will benefit from further footfall from the development on completion.

Accommodation

All areas are approximate, measured as gia and information provided from clients management records).

Ground Floor Sales: 1367 sq ft (127.sq m)

Planning

The amended use classes would mean this property could be used for E class uses which include retail, cafe, creches, indoor recreation and gyms. Please enquire for further information.

Rent / Price

£200,000

Consideration could be given to sale separately.

Business Rates

From the Valuation Office Agency website () we understand that the current Rateable Value for Units 2 & 3 is £14,000 therefore making the approximate rates payable £6,986 per annum for 2023/24.

If sold separately, the rateable values for the individual units would need to be re-assessed.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

Unit 2: C (69)
Unit 3: B (34)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property has been elected for VAT and therefore VAT will be charged on the price.

More information

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