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Totnes Rd
Ipplepen TQ12 5TN
Ipplepen Service Station · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Let until 2040 (No Breaks). Fixed rental increase to £48,760 p.a. in 2030 and £53,835 in 2035 until the remainder of the lease
  • Comprises Texaco branded fuel filling station, Spar convenience store with hot food and coffee and self-contained residential flat above
  • Lease agreed during covid lockdown at reduced rent. ERV c. £70,000 p.a.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,217 SF
Building Class
C
Year Built
1950
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.36 AC
  • Listing ID: 28602269

  • Date on Market: 5/29/2023

  • Last Updated:

  • Address: Totnes Rd, Ipplepen TQ12 5TN

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