SITUATION AND DESCRIPTION
Tavistock is a thriving market town situated on the edge of the Dartmoor National Park. It has good shopping facilities including WH Smith and a good mix of specialist local retailers. It has a thriving pannier market and this property is one of the many units surrounding that market.
There are a number of state and private schools nearby. Recreational facilities include golf courses at Tavistock and Yelverton, cricket club, rugby club, tennis and bowls clubs.
The premises consist of a ground floor lock-up shop with double fronted windows.
The approximate accommodation is as follows:
Retail Premises 49.5 sq m (479 sq ft)
Disabled WC with wash hand basin.
A new lease will be granted which will be drawn on an effective full repairing and insuring basis. The lease will be in accordance with the standard modern format prepared by Tavistock Town Council’s solicitors. The length of the lease is negotiable but ideally our clients would like to see a minimum period of 6 years with an upwards only rent review at the end of the third year. The lease will be contracted out of the security provisions of The Landlord & Tenants Act.
Our clients will be seeking a rent in the region of £10,000 per annum exclusive of rates and VAT.
Vat is chargeable in connection with this transaction.