Office to let in Kingsteignton Road, Newton Abbot TQ12

Situation and description

Newton Abbot is a busy market town being the commercial centre and heart of the Teignbridge area with a district population of approximately 125,000 extending to some 300,000 within 12½ miles of the centre. Newton Abbot benefits from a wide catchment area drawing from a large number of small towns and villages in the surrounding area. This is significantly enhanced in the summer by visitors from the nearby coastal towns of Teignmouth, Torquay and Torbay plus the Dartmoor National Park.

Communications are excellent via A380 dual carriageway linking Exeter and the M5 motorway and on into Torquay and Torbay. Exeter is approximately 16 miles distant with Torbay some 10 miles distant. The premises are centrally located adjoining a number of public car parks and offers easy and convenient access to the retail and office areas of the town. The space is on the ground floor in a very visible location fronting Kingsteignton Road and the Halcyon Car Park in the centre of the town.

Accommodation

Brief details of the accommodation with approximate maximum internal dimensions are as follows. Accessed from Kingsteignton Road via a key pad into

Office / Retail No 1 52.04m x 14.53m (170’9” x 47’8”) max
Windows to one full elevation with pair of glazed doors and glazed panels either side. Suspended ceiling with integrated strip lighting. Carpeted. Floor boxes. Doors to

Office No 2 5.15m x 2.68 m (16’10” x 8’9”) max
Window. Carpeted. Suspended ceiling with integrated lighting.

Office No 3 5.26m x 2.56m (17’3” x 8’5”) max
Window. Carpeted. Suspended ceiling with integrated lighting.

Kitchen Area
Base units with worktop and inset stainless steel sink with single drainer. Space for fridge under. 2 wash hand basins.

Office No 3 4.39m x 3.16m (14’5” x 10’4”) max
Window. Carpeted. Suspended ceiling with integrated lighting.

Toilets
The use of shared Ladies and Gents toilets is available in the ground floor lobby area.

Lease

The suites are available by way of a new 6 effective Fri lease by way of service charge for a term of 6 years with a rent review at the end of the third year. A mid-term break clause can also be incorporated if required. The lease will be contracted outside of the Landlord and Tenant Act. The Landlords will require a 3 months’ rent deposit to be retained for the duration of the term.

Rates

Rateable Value: - To be assessed
For further details of the likely Rateable Value and Business Rates payable, please contact Teignbridge District Council Business Rates Department on .

Rent

A rent of £58,000 per annum is sought for the these centrally located and flexible premises suitable for a wide variety of potential users, subject to the usual consents. A rent-free package could be available to assist a tenant with their fit-out costs. Additional Offices could also be available on the First Floor if required, full details on request from the agents.

The premises are currently sub metered for electricity. Gas and water charges will be apportioned based upon floor area and re-charged accordingly. A building service charge will be payable to cover the cost of other shared services used within the building including the lighting, heating and cleaning of the common areas. Full details of the service charge are available on request. A contribution will also be required towards the buildings insurance.

Car parking

4 allocated car parking spaces are available for the premises in a car park close to the building. See aerial photo for location of the car park. The Car parking location may be subject to change.

Commercial EPC

A Commercial Energy Performance Certificate has been obtained for this property, a summary of which is shown opposite. The full version is available to download from our web site. The rating is: D 93.

Legal costs

The landlords will require a contribution of £495 plus VAT towards their legal and administrative costs in setting up a new lease for the above property.

Services

Mains water, drainage, gas and electricity are available to the building. We understand high speed Broadband is also available.

VAT

We understand that VAT is payable on the rent on this occasion.

Viewing

Strictly by prior appointment only with the sole agent, for the attention of Tony Noon Ref (0737)