Torquay Road, Paignton Monthly Rental Of £700

• COMMERCIAL PREMISES
• FANTASTIC FOOTFALL ON A BUSY ROAD FROM TORQUAY INTO PAIGNTON
• HIGHLY VISIBLE LOCATION
• LOCK-UP RETAIL/OFFICE UNIT
• MODERN KITCHENETTE & WC
• ALARM SYSTEM
• POSSIBLE RE-ARRANGEMENT OF LAYOUT IF DESIRED SUBJECT TO LANDLORDS CONSENT
• NEW FULL REPAIRING & INSURING LEASE WITH FLEXIBLE TERMS & BREAK CLAUSE
• RECEPTION SPACE & THREE FURTHER ROOMS
• REAR COURTYARD

A prominent and versatile ground floor retail/office unit with high footfall and passing traffic located on the main road into Paignton. The unit is situated in a highly visible location just a short walk from the seafront, perfect for an expanding or new business to promote their brand. This property would be well suited as a shop or office space and boasts an alarm system, excellent shop frontage with a large window display, and is tastefully decorated throughout. It briefly comprises of a main reception space to the front with a further three rooms, a kitchenette and a WC. The kitchen and WC were refitted within the last few years. It also has a small courtyard area to the rear.

A new full repairing and insuring lease with flexible terms to include a break-clause.
Deposit is equivalent to 3 months rent.
Three months rent to be paid upfront.
Rent to increase after first 12 months to £780pcm. Rent review every 3 years. 

Rateable value currently £5400. From 1st April £6,100.
This is not Rates Payable. Qualifying small businesses will be eligible for 100% Rates relief. Interested parties are advised to make their own enquiries.

In order to rent a property through HS Owen, the following payments will be required.

Before the tenancy starts:
Holding Deposit: Equivalent to one week's rent (once a holding deposit has been paid the property will not be marketed to others (holding deposits will be paid towards the first month’s rent upon commencement of the tenancy)
Tenancy Deposit: Equivalent to five weeks rent.
Rent in Advance: One month rent in advance
The holding deposit will be retained by HS Owen if the prospective tenant:
- Provides false information for referencing
- Fails to act reasonably to enter into the tenancy before the deadline for agreement or withdraws.
Permitted payments during the tenancy:
Rent (payable in advance)
Payments to other third parties: such as council tax, utilities or payments for communications services.
Default charges: such as payments for the replacement of lost keys or interest on overdue rent may be applied.
Tenancy changes: Such as requests to vary the terms of the tenancy may also be applied which will be limited to £50 including VAT.

HS Owen Ltd is a member of
- The Property Ombudsman redress scheme
- Client Money Protection with CMP. 
- Deposit Protection Service