The unit comprises a ground retail unit.
Location
Torquay, is a busy seaside town located on the picturesque English Riviera. The town has a mix of independent shop and national retailers, restaurants, leisure and cultural facilities. The population of Torquay is around 65,000 which increases during the summer months.
Fleet Walk Shopping Centre is in the heart of Torquay town centre, with iconic harbourside as its backdrop. The scheme comprises 124,737 sq ft of accommodation, with 32 retail units and a car park. The property is anchored by TK Maxx and is located within walking distance from Torquay Railway Station.
Key tenants within the scheme include Sports Direct, Deischmann, Saltrock, Trespass, Roman, Poundland, Pavers Yours and Pro:Direct Sports.
Accommodation
Approximate net internal floor areas:
Ground Floor - 2,891 sq ft (268.58 sq m)
Terms
Lease - The property is available by way a new effectively full repairing and insuring lease for a term to be agreed.
Rental - Upon application. Rent is exclusive of service charge, insurance, utilities, business rates and VAT.
Business Rates - We are electronically advised by the VOA that the property is assessed as follows:
Rateable Value - £43,500
Rates Payable (2024/2025) - £22,272
Service Charge & Buildings Insurance - Service Charge payable for the year 2024 is approximately £19,601 per annum. Insurance £957 per annum plus VAT.
Energy Performance Certificate - A copy of the EPC Certificate is available upon request.
Costs - All figures quoted are exclusive of VAT where applicable.