Restaurant for sale
Property description & features
- Tenure: Freehold
- Town centre position
- Very large commercial property
- Internal viewing essential
Opposite the Torrington branch of Webbers Estate Agents in the heart of the town, just a few yards from the Pannier Market and town hall the premises are well placed for passing trade.
Nearby is South Street car park where the owner of this property can apply for a residents parking permit which is available from the Torridge District Council.
Torrington is a thriving market town, standing high above the River Torridge.
Every year the town has a popular May Day celebration. The town is approximately 11 miles from Barnstaple and 7 miles from Bideford.
It is well known as the centre for Dartington Crystal glass manufacturing and the nearby gardens at Rosemoor, both major tourist attractions.
THE PREMISES
The property must be viewed internally to appreciate the size and extent of the accommodation, which is arranged over three floors.
The ground floor area provides approximately 617 sq ft of space.
To the rear of the property is a further retail area with a large kitchen.
The upper floors provide a lounge, kitchen/diner, 5 bedrooms (3 en-suite) with further bathroom and shower room.
The premises are in need of work and modernisation throughout.
Would be ideal for a variety of uses, subject to any necessary planning consent.
SERVICES AND UTILITIES
All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
BUSINESS RATES
£7,600 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.
Rooms
GROUND FLOOR
RESTAURANT/RETAIL AREA 6.02m x 10.97m
FURTHER RESTAURANT/RETAIL AREA 11.3m x 4.8m
KITCHEN 5.46m x 4.57m
STAIRS TO FIRST FLOOR
HALF LANDING
BEDROOM ONE 4.83m x 4.8m
With en-suite bathroom.
BEDROOM TWO 4.45m x 3.78m
With en-suite.
FLYING FREEHOLD
There is a cupboard bridge over the alleyway below which formerly had access to the adjoining property which has now been blocked off, therefore creating a flying freehold.
BEDROOM THREE 3.6m x 4.45m
With en-suite.
FRONT LANDING
BEDROOM FOUR 2.44m x 3.73m
LOUNGE 3.96m x 3.5m
With en-suite.
STAIRS TO SECOND FLOOR
KITCHEN/DINER 5.97m x 2.97m
BEDROOM FIVE 3.73m x 3.1m
SHOWER ROOM
SERVICES
All mains connected.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
RATEABLE VALUE
£7,600 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
COUNCIL TAX BAND
A
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
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*DISCLAIMER
Property reference COM230078. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers - Torrington.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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