Torquay Station

Back to Results

Property Details

Catering / Retail Premises to Let

Torquay station is the main rail station for the Devon seaside resort of Torquay. Train services are operated by Great Western Railway and is located on the Riviera Line with services to Paignton and Exeter St Davids, with onward connections to Bristol and London.
In 2022/23, the station had 449,145 entries and exits (source GWR).

Download Particulars

Speak to one of our experts

David Corp
David Corp
07708 479441
David Murray
David Murray
020 7921 2936

Location

The property is located on platform 1.

The unit has a net internal area of approximately 110 sq.m./1,220 sq. ft.
Access is available both from the platform and from the station forecourt.

The property is being 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.
The incoming tenant will be expected to pay the Landlord’s legal costs in connection with the grant of the new lease. These costs are anticipated at £1,000 plus VAT.

The premises are offered on a Minimum Guaranteed Rent of £7,500 per annum plus VAT with supporting turnover rent provisions. A rent deposit will be payable. Credit references will require to be obtained.

The landlord is looking to secure a high quality catering operator and will welcome approaches from local independent businesses.

The tenant will be responsible for all utilities consumed. The premises are served by an independent electricity supply.

The tenant will be responsible for obtaining all relevant insurances such as employee and public liability.

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

The incoming tenant will be required to provide detailed annotated fit out plans and signage proposals demonstrating a high-quality retail shop fit. The Superior Landlords approval may be required in advance of any works. 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. The Valuation Office Agency advise that the premises are Torbay Local authority reference: 335540000500
The rates liability for the property is as follows: -
Rateable Value: £4,300. Based on the current multiplier of 0.512 for 2023/24 Rates Payable 23/24 rate year: £2,201.60
*An incoming tenant may benefit from Small Business Rates Relief. Interested parties are to make their own enquiries in this regard.

The Landlord will provide an EPC rated E or above as part of this letting.

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 : 0207 921 2936

David Corp

Contact

David Corp

Senior Surveyor

David has 20 years’ experience in commercial property management including 4 years’ experience in Asset Management (commercial).

David joined AmeyTPT in November 2020 and is working on the GWR account managing new lettings, lease and licence renewals and reviews, client development advice and general estate management.

Call: 07708 479441

Email: david.corp@amey.co.uk

Find out more about what we do

Select the service of interest to you: