Property for sale
Property description & features
- Large Freehold Property in High Street Location
- Accommodation Over 5 Floors GIA Approx. 572m² (6,156 sq ft)
- In the Heart of Torquay's Principal Shopping Area
- Excellent Develop and Hold Investment Opportunity
- Available for Sale with Vacant Possession
The property is a large, mid-terraced, freehold with accommodation over 5 floors. The property offers an exciting opportunity for a multi-unit, mixed use development. It is likely a portion of the retail accommodation will need to be retained but upper floors and potential portions of ground and basement could be converted into residential accommodation, subject to planning consent.
Viewing is highly recommended to appreciate the size and potential of the property on offer.
GROUND FLOOR
RETAIL AREA - 18' 2'' x 62' 6'' (5.53m x 19.04m)
REAR OFFICE - 16' 0'' x 8' 7'' (4.88m x 2.62m)
STORAGE - 5' 11'' x 3' 6'' (1.80m x 1.07m)
WC
BASEMENT - 68' 10'' x 19' 2'' (20.99m x 5.84m) (max)
FIRST FLOOR
NIA Approx - 105m² (1,130 sq ft)
SECOND FLOOR
NIA Approx - 104m² (1,119 sq ft)
THIRD FLOOR
NIA Approx - 48m² (516 sq ft)With additional space in the roof above.
TENURE
The freehold of the property is offered for sale with vacant possession.
BUSINESS RATES
The property currently has two business rates valuations. Ground, 1st & 2nd Floor 2023 List: £25,000 Basement 2023 List: £4,750 Please note the values listed above are not Rates Payable. Interested parties should make enquiries with the Agents, as to approximate Rates Payable.
LEGAL COSTS
Each party is to bear their own legal costs incurred in any transaction.
VAT
All figures are quoted exclusive of VAT, which may be chargeable.
EPC RATING D
VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Sole Agents, Bettesworths.
Tenure: Freehold
Property information from this agent
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Property reference 12314447. 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 Bettesworths - Commercial.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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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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