Mixed use For Sale

Key Details

Property Description

A prominent Grade II mixed-use freehold investment occupying a corner position at the entrance to Winner Street, fronting the busy Totnes Road. The property comprises a ground-floor retail unit currently occupied as part of a carpeting business, together with ground and first floor commercial offices occupied by a firm of solicitors. The second floor is currently vacant.

Ground & first floor offices - let to Lister Langley Solicitors at �20,000 pa till November 2029 EPC rating D Second Floor Rooms - vacant.

Terms under discussion for the solicitor tenant to take this floor at an additional �5,000 pa (�25,000 per annum total) in return for a lease extension 4 Winner Street - Retail premises let to DJ Carpets at �1,200 - Holding over EPC rating C Current rent �21,200 pa, rising to �26,200 pa on completion of the second floor letting

Please note the two-bedroom basement flat at 2 Winner Street is excluded from the sale and is being retained by the vendor on a new 999 year lease. The sale is conditional upon completion of that lease, with an extended completion timescale to allow for this. Full details in the legal pack.

• Location