Dawlish EX7 Property to rent - £995 pcm (£230 pw)

Underhill are delighted to offer for lease this flexible commercial space in Dawlish Town Centre. The property could be adapted to suit the leaseholders' commercial interests and would suit a wide variety of potential users subject to all necessary consents and the landlord's approval. With 2 large rooms and a rear kitchen area, this property lends itself to a variety of potential uses. The property is on one of the main routes into town and has a range of restaurants, bars and shops on it. A new business could be enhanced through collaborating with the established Chamber of Trade, through which local businesses cooperate for mutual benefit. Dawlish is an established diverse community, with many interest groups, an established tourism trade and good transport links. Viewings are highly recommended.

Frontage: 3.2m window + 1.2m door (inc frame)
The property front benefits from a large shop window, with window sill. The glazed door opens to:

Room 1: 4.4m x 4.9m max
The room is brightly lit. The room is currently laid out as a retail space with counter and a range of shelves and racking. This could be remodelled in a variety of ways to suit individual business needs. A stud wall with a wooden door through to:

Room 2:3.5m x 3.5m max
This smaller room, is currently used as a store room but could be adapted. A glazed internal window and door let in secondary light from the kitchen space. The room leads to three steps leading to:

Kitchen:2.6m x 1.7m
This room is fitted with a base unit and a worktop with a sink. A door leads to a courtyard, which provides access to the residential flats above. This room leads to:

W.C.: 1.7m x 0.8m
With a toilet and hand basin, the room provides facilities for the occupants.

Rent
A rent of £995 per month is payable in advance by standing order. This equates to an average of £230 per week.

Service charge
The tenant will be responsible for the electirc usage and to make a reasonable contribution towards the water consumption as a proportionate contribution to the buildings insurance.

The tenant is responsible for the necessary rates, upkeep of the property, in line with the lease agreement.

The electricity meter is situated in a cupboard in the communal lobby area. The tenant is responsible for paying their electricity charges promptly.

Lease:
A new 6-year FRI lease is available with an upwards only rent review at the end of the third year. The tenant shall have the option to terminate the lease after the third year by providing not less than 6 months prior written notice. The lease will be contracted outside of the Landlord and Tenant Act 1954.

If the lease is to be taken by a Limited Company, at least one director will be required to act as a guarantor to the lease for the duration of the term. A 3 months' rent deposit may also be required.

Rates:
Rateable Value: - tbc

We understand that qualifying businesses are likely to benefit from a rate reduction of up to 100% under the Small Business Rate Relief scheme. To see if you or these premises qualify for this discount, please contact Teignbridge District Council services. We are informed that mains water, drainage and electricity are installed to the premises.

Legal costs:
A contribution of £395 plus VAT is required towards the landlord's legal and administration costs in setting up the new lease.