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Commercial Property Details

£10,000 pa
North Street, Ashburton, Newton Abbot
  • Retail Sales Area
  • Distinctive Window Display
  • Kitchen/WC
  • Assignment of Lease
  • Available 1 September 2022
An attractive lock-up shop premises (retail usage) positioned in the heart of the town
In a prime position in the centre of the bustling Dartmoor town of Ashburton. Nearby businesses include Spar, Lloyds Pharmacy as well as many established independent shops/offices. The town attracts thousands of visitors each year and serves numerous outlying villages for all year round trade. It has gained an excellent reputation in recent years as an antiques centre and for its varied food businesses and eateries.
This attractive shop premises has an eye-catching display window fronting West Street. The sales area measures 22'7" x 13'3" overall and has a wide timber and glazed entrance door. There is wood finish flooring, ample electrical points and telephone point. A walk-in cupboard provides useful storage and a door at the rear opens to a KITCHEN/WC with stainless steel sink unit and sash window.
Lease Terms
The premises are available by way of an assignment of the existing lease dated 16 September 2019 for a period of 5 years. The residue of the lease will be assigned from 1 September 2022 which means there will be 2 years and 15 days remaining. We understand that the lease falls within the renewal provisions of the Landlord And Tenant Act 1954.
Tenant to contribute 12-5% annually throughout the term towards the Landlord's costs for insuring the building.
General Information
We are informed by the Valuation Office Agency website of the following assessment:

Rateable value £6,000
Please note this is not the rates payable. Qualifying small businesses will be eligible for 100% rate relief - meaning no rates payable.

A fee of £175 plus VAT (£210) will be required on application towards the cost of credit checks and assigning the lease. Please note this fee is non-refundable should you subsequently decide not to proceed with the premises.
EPC Ratings
Band E


Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective tenant.