Ground floor premises arranged as two open plan rooms and having access from both Platform 1 and from the station forecourt. Mains services of water, electric and grey waste drainage are connected.
The unit has a net internal area of approximately 115sqm / 1,244sqft.

The property is offered on a new lease to 24th June 2028. Interested parties should be aware that any new lease will be excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act. The lease will not permit assignment or subletting. Standard Railway Lease Terms will apply.
The incoming tenant will be expected to pay the Landlord’s legal costs in connection with the grant of a new lease. These costs are anticipated at £1,000 plus VAT.

To be agreed.
For retail / service use, a base Minimum Guaranteed Rent (MGR) together with an Additional Turnover Rent based on an agreed percentage of turnover (where this exceeds the MGR) depending on use.
A rent deposit will be payable. Credit references will require to be obtained. VAT is payable on all rent.

The premises are considered suitable for a variety of uses, catering / retail / offices / studios. Approaches from independent local businesses will be welcomed.

The tenant will be responsible for all utilities connections (where needed) and for all utilities consumed. The tenant will be required to pay costs for installing any smart meter for the purposes of monitoring electricity consumption and the tenant will be charged on the basis of the sub-metered readings.

The landlord does not currently charge a service charge but retains the right to introduce one in the future.

Fitting out works will need to be undertaken by professional qualified contractors. The incoming tenant will be required to provide detailed annotated plans and signage proposals for any works. Any works and signage will require the Landlord’s prior consent and potentially the technical consent of the Superior Landlord, Network Rail Infrastructure Limited. Tenants works must be of high quality with the use of energy efficient equipment. The tenant shall be required to contribute towards the landlord’s costs in obtaining consents.

The payment of business rates will be the responsibility of the tenant. A search for the Rateable Value using the station postcode and the Valuation Office Agency website has not provided any detail. It is recommended that interested parties make their own enquiries with the Local Authority to ascertain what business rates will be payable.
Local Authority : Torbay Council

An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.

As part of the letting, the landlord will deliver an EPC rating of Grade E or above for the premises.

For further details relating to this property please contact us:

David Corp – Senior Surveyor
Email: david.corp@amey.co.uk
Tel: 07708 479441

David Murray – Senior Portfolio Manager
Email: david.murray@amey.co.uk
Tel: 07791 532680