Income-producing banking hub in a busy seaside town centre.
Rental income £25,000 per annum from ground-floor tenant
Let to Cash Access UK Ltd on 10-year lease from April 2024
Wide glazed shopfront with strong passing footfall and town-centre location
First-floor apartment sold on a 999-year lease (separate to freehold)
Tenant-only break clause and rent review at year five
Service charge in place for communal and roof upkeep
EPC rating D; important for running costs and tenant profile
High flood risk — affects insurance and redevelopment considerations
A prominent freehold commercial unit on Dartmouth’s Victoria Road, producing a rental income of £25,000 per annum. The ground floor is let as a Banking Hub to Cash Access UK Ltd on a 10-year lease from April 2024, with a rent review at year five and a tenant-only break clause. The property benefits from a wide glazed shopfront, clear street visibility and strong passing footfall typical of the town centre.
The first-floor apartment has been sold on a 999-year lease; the freehold is offered subject to the existing commercial occupational lease and the separate residential lease. The ground-floor layout includes a customer area, two offices, staff cloakroom and kitchen, plus a rear exit and bin store. A service charge covers communal upkeep and roof maintenance.
This is a compact, income-producing lot aimed at investors seeking a low-management town-centre holding with immediate cashflow. Note the property has an EPC rating of D and sits in a high flood-risk area — both important factors for insurance and future redevelopment planning. The footprint is modest, so any conversion or alternative use would require consent and careful planning due to the site size and listed/period façade characteristics.
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