Chartered Surveyors and Business Property Specialists
Thomas Smith Head of Commercial Agency View Profile

Contact us about this property

Call: 01872 247013
Email: ts@miller-commercial.co.uk

Sold
1 of 4

SOLD - 60, Fore Street, Salcombe, Devon

Retail for sale

POA

Freehold

Located in the popular and affluent seaside town of Salcombe in South Devon. The property is situated on Fore Street, which provides the prime retail pitch for the town and comprises a well configured ground floor retail unit 947 sq ft (88 sq m) and a self contained two bedroom apartment which is currently let on an AST. The property includes an enclosed rear garden.

The ground floor unit is available to rent and would suit a variety of users from A1 retail to A2 professional services and A3 restaurant and cafe (subject to the necessary consents), however, the landlord would consider offers for the freehold of the whole building.

  • TO LET
  • POPULAR AND AFFLUENT SEASIDE TOURIST DESTINATION
  • FORMER BANK IN PRIME RETAIL PITCH
  • A SHORT WALK FROM THE HARBOUR
  • WELL CONFIGURED PROMINENT RETAIL UNIT 1,119 SQ FT (104 SQ M)
  • POTENTIAL FOR A1 OR A3 USES (SUBJECT TO NECESSARY CONSENTS)

Property Brochure PDF Location Map

Location

Salcombe is a popular and affluent seaside town in the South Hams District of Devon. It is close to the mouth of the Kingsbridge Estuary and lies within the South Devon Area of Outstanding Natural Beauty (AONB). The town experiences a very high volume of tourists, particularly during the summer months and is one of the most popular sailing destinations along the south coast. The property is situated very close to the attractive harbour area on Fore Street, the prime retail pitch for the town, where there is a good mix of local boutiques and national retailers and a wide range of pubs, bars and restaurants. Occupiers within the immediate vicinity include: Quba Sails, Fat Face, Musto, Joules and Jack Wills.

Description

The property comprises a two storey, period end-terrace building fronting Fore Street. The ground floor provides a well configured retail unit with sales accommodation, associated ancillary accommodation and female/male toilets. The property was formerly occupied as a bank and has retained some of its character features and would suit a variety of users including A1 retail and A3 cafe and restaurant (subject to necessary consents). The first floor provides a self-contained two bedroom residential apartment which is currently let on a AST. There is an enclosed rear yard along with a storage outbuilding.

Schedule Of Accommodation

Ground Floor 947 sq ft (88 sq m)
Ground Floor Ancillary 172 sq ft (16 sq m)

Tenure

The ground floor retail unit is available to let at £45,000 per annum. Offers are invited by way of a Premium – other terms to be agreed.
The Landlord would also consider offers for the freehold of the building.

Legal Costs

Each party to bear their own legal costs.

Business Rates

From information provided by the Valuation Office website we are informed that the current rateable value of the bank premises is £30,500 and the rates payable are roughly £14,600 pa. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.

Value Added Tax

VAT will not be payable on this property.

Epc

The Energy Performance Rating for this property is within Band D.

Contact Information

For further information or to arrange a viewing please contact:
Tom Smith – 01872 247013 or ts@miller-commercial.co.uk
Mike Nightingale – 01872 247008 or msn@miller-commercial.co.uk
or joint agent Luke Wilson at Macarthur Wilson – 0117 908 3350

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

Interested in this Property?
Connect with our Expert

Thomas Smith Head of Commercial Agency View Profile

Contact us about this property

Call: 01872 247013
Email: ts@miller-commercial.co.uk

Property Brochure PDF