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Investment

Investment For Sale Newton Abbot

PROPERTY ID: 150159

PROPERTY TYPE

Investment

STATUS

Available

SIZE

1,266 sq.ft

Key Features

Industrial investment opportunity
Gross Internal Area: 1,266 sq.ft (117.63 sq.m)
Sold with tenant in situ, passing rent £10,500 pa ex
Lease expiring 2030

Property Details

Newton Abbot is a popular market town with a population of over 70,000 people located in the town and immediate area. The town is 18 miles distant from Exeter and 8 miles distant from Torquay.

Lemon Place is to the rear of Queen street a popular trading location with on street metered parking and nationals including JD Weatherspoons, Sports Direct, SPAR, Millets and Loungers. In addition to these occupier there is a strong base of independent retailers, professional services and eateries.

Industrial Investment For Sale

Industrial Investment Opportunity

Gross Internal Area: 1,266 Sq.ft (117.63 Sq.m)

Sold With Tenant In Situ, Passing Rent £10,500 Pa Ex

Lease Expiring 2030

Newton Abbot Is A Popular Market Town With A Population Of Over 70,000 People Located In The Town And Immediate Area. The Town Is 18 Miles Distant From Exeter And 8 Miles Distant From Torquay.

Lemon Place Is To The Rear Of Queen Street A Popular Trading Location With On Street Metered Parking And Nationals Including Jd Weatherspoons, Sports Direct, Spar, Millets And Loungers. In Addition To These Occupier There Is A Strong Base Of Independent Retailers, Professional Services And Eateries.

The Property Is A Self Contained Unit, Previously Used As Office And Storage. Currently Occupied By Your Escape Rooms The Property Is Access By Small Roller Shutter Door With Additional Glazing In The Front Elevation.

Vat Will Be Applied At The Standard Rate Where Applicable.

Both Parties To Bear Their Own Legal Costs In The Transaction.

An Epc Of B Is Available For This Property. Please Contact The Agent For Further Details.

Tenant Only Break 2nd January 2027, On 6 Months Notice. Passing Rent £10,500 Pa.ex. Further Details Available, Please Contact The Agent For Details.

The Property Is Let By Way Of A 5 Year Lease, From 2nd January 2025, To A Private Individual Trading As Devon Escape.

About the Agent

Stratton Creber Commercial - Exeter

See Agent's Other Properties

Investment Unit

£140,000 Freehold

The Workshop,Lemon Place, Newton Abbot, TQ12 2BD
Investment - Available
1,266 sq ft
118 sqm
Show phone number

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