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Daniel Hobbin Estate Agents Estate Agent in TQ1 1ED
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Modern and Spacious 0 bed Bar property

Available
To Rent
Listed Apr 28, 2024
£40,000
Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

" Presenting a substantial commercial property, this expansive premises offers significant potential for modernization and adaptation to accommodate a new business venture. Previously operated as a vibrant night club, the space comprises multiple large function rooms and spacious seating areas. Previously, the nightclub was a popular venue on the Torquay circuit, particularly at the weekends. With an overall floor area of 9,139 square feet, this commercial property presents an expansive canvas for prospective tenants to shape according to their business needs.

Lease terms are flexible and subject to negotiation with suitable applicants. The property is available as a whole unit, or alternatively, it can be divided into two separate units to cater for the specific needs of incoming tenants. Should an interested party require only a portion of the space, pricing arrangements can be individually discussed with the agent.

Situated in a high footfall location in Torquay, just a short distance from the bustling harbour and yacht marina, the property strategically positions itself to capitalize on Torquay s lively nightlife and thriving restaurant scene.

For the initial six months, a rent free period is offered, allowing the incoming tenant a favourable window to establish and set up their business operations. A new internal repairing and insuring lease is available for £40,000 per year on a free of tie basis. The exact terms will be determined during the negotiation process.

Rateable Value 2023 List £36,750. Please note this is not the Rates Payable. 100% Small Business Rates Relief will be available to eligible parties. Interested parties are advised to contact the Local Billing Authority, Torbay Council.

Deposit £0
"

Property Location

Average Price
Crime
Nearby Schools
Warberry CofE Academy
0.5mi
Eat That Frog C.I.C.
0.6mi
EF Academy Torbay
0.6mi
Ilsham Church of England Academy
0.7mi
Ellacombe Church of England Academy
0.8mi
Nearby Stations
Torquay Station
1.0mi
Torre Station
1.4mi
Paignton Station
2.8mi
Newton Abbot Station
5.9mi
Teignmouth Station
6.1mi
Schools
Stations
On the map
Road view

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