Wellington Street,
Teignmouth - Guide price £399,950

The property is located on the ground floor and outside forecourt area only and forms part of a larger building which is not included in the sale. The building was completely refurbished in 2004 including new sections being added, and now comprises 3 other ground floor retail units at street level and 18 flats over. BCD

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Wellington Street, Teignmouth, Devon, TQ14

The property is located on the ground floor and outside forecourt area only and forms part of a larger building which is not included in the sale. The building was completely refurbished in 2004 including new sections being added, and now comprises 3 other ground floor retail units at street level and 18 flats over. BCD


The property is situated on the north side of Wellington Street, a very busy mixed trading street in the Town Centre. Immediately adjacent to Warrens Bakery, William Hill Bookmakers & Holland & Barrett. Other nearby shops include Peacocks opposite and WHSmith as well as Banks. In the pedestrianised Bank Street can be found Costa Coffee, M&Co, Co-Op Food, Superdrug & Specsavers.


Gross Frontage onto Wellington Street - 6.18mGround Floor Retail Zone A - 34.06 sq mGround Floor Retail Zone B - 31.27 sq mTotal Floor Area - 94.10 sq mShop Depth approximately 10.42m. Total Depth Approximately 21m.Forecourt frontage for outside dining picnic style tables/benches.

Tenure
Leasehold. Term of 999 years from 24th November 2006 at a peppercorn rent.

Tenancy
The ground floor property is let to Subway Realty Ltd for a Term of 15 years from 26th March 2008 at a rent of £25,000 p/a. Rent paid monthly in advance, no arrears.

Situation
Teignmouth is a thriving, and growing, seaside resort located approximately 15 miles south of the County Capital City of Exeter and approx. 6 miles north of Torquay, The English Riviera. Teignmouth benefits from a mainline Railway connection and easy access to the A38/A380 which give access on to the M5. Exeter also enjoys the benefit of an international airport.

Directions
* £25,000 p/a income* The property is situated on the north side of Wellington Street, a very busy mixed trading street in the Town Centre. Immediately adjacent to Warrens Bakery, William Hill Bookmakers & Holland & Barrett. Other nearby shops include Peacocks opposite and WHSmith as well as Banks. In the pedestrianised Bank Street can be found Costa Coffee, M&Co, Co-Op Food, Superdrug & Specsavers.

Location

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James Carden, Teignmouth - Branch Manager

Excellent service from beginning to end. All members of the Bradleys team I dealt with during the sale process were professional in all matters. They were calm when I became impatient! Just an excellent all round service! I have employed them in the past to sell another property and will use them again if the opportunity arises.

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Floorplan for Wellington Street, Teignmouth, Devon, TQ14

Lettings Fees

DetailsFees & Charges
Reference Fee (including credit, employer, bank, previous Landlord, Right to Rent checks etc.) £120 (£100 +VAT)
per person
Guarantor Reference Fee (if required) £90 (£75 +VAT)
per guarantor
Tenancy Agreement & Arrangement Fee £120 (£100 +VAT)
per property
Termination & Check-out fee £120 (£100 +VAT)
per property (paid at end of tenancy following a Bradleys Inspection)
Pet Schedule Arrangement Fee No Charge at commencement of tenancy
£60 (£50 +VAT) after commencement date

All Fees and charges correct as at 1st February 2016

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