Under Offer

TypeShops

TQ12 21 Queen Street, Newton Abbot

TenureFor rent

21 Queen Street, Newton Abbot, TQ12 1/5

Specification

Building size
Building size 4,147 sqft
Property type
Property type Shops
Tenure
Tenure For rent

Description

Retail to let

21 Queen Street comprises a ground floor shop with two floors of office / storage space above. The ground floor shop is currently partitioned to into a large sales area to the front with a good sized store room and WC to the rear. The partition could be removed to create a large open plan retail space. The first floor has a large office / storage space, kitchenette and WC. The second floor has further office / storage space.

Viewings

Strictly by prior arrangement with the appointed letting agents.

Terms

The premises are available on a new full repairing and insuring lease, for a term of years to be agreed, subject to upward only rent reviews at the expiry of each 5th year of the term.

Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

EPC

B (44)

Rent

£20,000 pax

VAT

VAT will be applied at the standard rate where applicable.

Location

The unit is well situated between Savers and Spar, and located directly opposite Loungers' Orsino Lounge.

Amenities

Newton Abbot is a historic market town, well located between the Devon & South Devon Expressway (A38 & A380), with a consumer base extending to 137,000 people. The town is projected to see significantly above average growth in population within its Retail Market Area between 2022-2027.

The property is situated in the heart of Newton Abbot on Queen Street, which is a busy secondary retail street, close to the prime shopping street of Courtney Street.

Street enhancement works of Queen Street, works are ongoing to include; retention of on-street parking spaces, further blue badge holder parking, widened footways, inclusion of a formal pedestrian crossing, raised tables at side roads along Queen Street for ease of pedestrian movement, strategic locations for planting and public seating, and additional loading bay provisions.

Nearby occupiers include Sports Direct, Savers, Millets, Loungers, Specsavers, Coffee #1, Poundland, Santander, Betfred, Warrens bakery, Nationwide, and JD Wetherspoons.

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