Iceland, Paignton

 

18-20 Victoria Street Devon TQ4 5DF

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £63,000
  • Lease Term: 15 years from Mar '13
  • VAT applicable?: N

Property Description

  • Freehold blue-chip convenience store & residential ground rent investment
  • The property is arranged on ground and three upper floors to provide a ground floor retail unit together with storage and ancillary accommodation on the first floor, and residential on the second and third floors which has been sold off on a long lease
  • The upper floors are separately accessed from Victoria Street and comprise 227.3 sq m (2,446 sq ft) in total

Location Description

  • Paignton has a resident population of some 40,000 and is a popular resort town which, together with Torquay and Brixham, is known as the English Riviera.
  • The property is situated in the town centre, on the pedestrianised section of Victoria Street, close to the junction with Dendy Road.
  • Occupiers close by include NatWest (opposite), Tesco, Boots, Specsavers, W H Smith, Costa and Santander.

Tenancy & Accommodation Schedule

Tenancy & Accommodation Schedule

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