Retail premises for sale

Costly Street, Ivybridge PL21

A centrally located retail premises available at the top of Ivybridge just off Exeter Road. The premises are currently vacant and have in the past been used as a launderette, a retail shop and are clearly suitable for numerous uses, subject to the appropriate consents. The accommodation comprises of the main sales area of 32 sq m (344 sq ft), a lobby, galley kitchen area and WC. The unit is available on flexible lease terms, but will be on an internal repairing and insuring basis. The asking rent is £4,500 plus VAT (£5,400 Including VAT) subject to rent reviews every third year, and there is a contribution to be made for the service charge, which is yet to be confirmed.
Ground floor


Main sales area 19' 2" x 17' 11" (5.86m x 5.47m) Windows to front and entrance door, door to:

Lobby Window to rear.

Galley kitchen No kitchen units fitted, window to rear.

WC 7' 3" x 4' 9" (2.21m x 1.46m) Low level WC.

Lease terms The premises will be let at a rental of £4,500 pa on an internal repairing and insuring basis. The lease terms are flexible, but it is likely that the unit will be let on an initial lease term of 3 years with a rent review thereafter. It should be noted that there is a service charge applicable covering communal upkeep and building insurance.

Business use The premises have been used in the past as a laundrette, but are clearly suitable for numerous retail uses and potentially office use subject to appropriate consents.