1-2 Ivatt Road Dartmouth Devon TQ6 9LD

  • 1-2 Ivatt Road<br>Dartmouth<br>Devon<br>TQ6 9LD

1-2 Ivatt Road
Dartmouth
Devon
TQ6 9LD

Freehold Retail Investment

  • Originally let to Alldays Stores Ltd (part of The Co-Operative Group Ltd) until 2024
  • Close to the River Dart, Britannia Royal Naval College and Dartmouth Castle
  • Major refurbishment and modernisation in 2005
  • Residential redevelopment potential (subject to consents)
  • Lot
    43
  • Auction
    24th May 2012
  • Rent
    £24,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
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Freehold Retail Investment

  • Originally let to Alldays Stores Ltd (part of The Co-Operative Group Ltd) until 2024
  • Close to the River Dart, Britannia Royal Naval College and Dartmouth Castle
  • Major refurbishment and modernisation in 2005
  • Residential redevelopment potential (subject to consents)
  • Lot 43
  • Auction 24th May 2012
  • Rent £24,000 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    Supermarket/Convenience
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
15 miles north-east of Salcombe, 18 miles south-west of Torquay, 27 miles east of Plymouth
Roads
A38, A385, A380, A3122
Rail
Paignton, Torquay
Air
Plymouth, Exeter, Cardiff International
Situation

Dartmouth is an affluent and desirable ancient Devon town located at the mouth of the River Dart estuary benefiting from being a popular holiday destination. The property is on the north east side of Ivatt Road, with the River Dart and The Britannia Royal Naval College located close by.

Tenure

Freehold.

Location
Miles
15 miles north-east of Salcombe, 18 miles south-west of Torquay, 27 miles east of Plymouth
Roads
A38, A385, A380, A3122
Rail
Paignton, Torquay
Air
Plymouth, Exeter, Cardiff International
Situation

Dartmouth is an affluent and desirable ancient Devon town located at the mouth of the River Dart estuary benefiting from being a popular holiday destination. The property is on the north east side of Ivatt Road, with the River Dart and The Britannia Royal Naval College located close by.

Tenure

Freehold.

Description

The property comprises retail and ancillary accommodation on the ground floor. The property benefits from a major refurbishment and modernisation programme undertaken in 2005.

Six Week Completion Period Available

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises retail and ancillary accommodation on the ground floor. The property benefits from a major refurbishment and modernisation programme undertaken in 2005.

Six Week Completion Period Available

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
Retail
Ancillary
178.37 sq m
78.04 sq m
(1,920 sq ft)
(840 sq ft)
COSTCUTTER SUPERMARKETSGROUP LTDon assignment and guaranteed byAlldays Stores Ltd (1) (2) (3) 25 years from
19/02/1999
until 2024
£24,000
19/02/2014
19/02/2019
Totals  
256.41 sq m
(2,760 sq ft)
    £24,000

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Mark SymondsMark Symonds +44 (0)20 7034 4858 mark.symonds@acuitus.co.uk
Seller's Solicitors
Bude Nathan Iwanier 1-2 Temple Fortune Parade, Bridge Lane
London
NW11 0QN
Vivian Vernick 020 8209 2446vv@bnilaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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