Bar / Nightclub to Rent (Let) Torwood Street, Torquay, TQ1 1DZ

Presenting a substantial commercial property, this expansive premises offers significant potential for modernization and adaptation to accommodate a new business venture. Previously operated as a vibrant night club, the space comprises multiple large function rooms and spacious seating areas. Previously, the nightclub was a popular venue on the Torquay circuit, particularly at the weekends. With an overall floor area of 9,139 square feet, this commercial property presents an expansive canvas for prospective tenants to shape according to their business needs.

Lease terms are flexible and subject to negotiation with suitable applicants. The property is available as a whole unit, or alternatively, it can be divided into two separate units to cater for the specific needs of incoming tenants. Should an interested party require only a portion of the space, pricing arrangements can be individually discussed with the agent.

Situated in a high footfall location in Torquay, just a short distance from the bustling harbour and yacht marina, the property strategically positions itself to capitalize on Torquay's lively nightlife and thriving restaurant scene.

For the initial six months, a rent-free period is offered, allowing the incoming tenant a favourable window to establish and set up their business operations. A new internal repairing and insuring lease is available for £40,000 per year on a free-of-tie basis. The exact terms will be determined during the negotiation process.

Rateable Value: 2023 List £36,750. Please note this is not the Rates Payable. 100% Small Business Rates Relief will be available to eligible parties. Interested parties are advised to contact the Local Billing Authority, Torbay Council.

Deposit: £0

These particulars do not constitute any part of an offer or a contract. All statements contained in these particulars are made without responsibility on the part of Daniel Hobbin Estate Agents Limited. Where every attempt has been made to ensure the accuracy of the floorplan contained here, any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulations or other consents. Daniel Hobbin Estate Agents Limited have not tested any services, equipment or facilities. Any intending purchaser must satisfy himself/herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.