Property for sale
Property description & features
- Town Centre Commercial Freehold For Sale
- Two Commercial Units Currently Arranged as One
- Gross Internal Area Approx. 83m2 (893 sq ft)
- Great SIPP Investment or Owner Occupier Opportunity
- High Footfall Area Connecting Residential Areas to Town Centre
Palace Avenue is a busy secondary trading location, with a variety of independent retailers and service providers. Connecting the upper residential areas of Paignton to the Town Centre, it’s a popular trading position.
The property offers a great opportunity to acquire a town centre freehold, either for investment purposes or for an owner occupier.
The units are currently connected to form one larger premises and historically they have been let to one tenant together.
However, they offer the opportunity to split and let to two tenants or to occupy each side with complementary businesses. The property benefits from a useful basement area suitable for storage.
64 PALACE AVENUE
RETAIL AREA - 16' 7'' x 14' 1'' (5.05m x 4.28m)
STORE - 8' 6'' x 7' 1'' (2.58m x 2.17m)
Stairs to:-
BASEMENT ROOM - 7' 10'' x 5' 6'' (2.40m x 1.68m)
BASEMENT ROOM - 17' 5'' x 13' 5'' (5.30m x 4.10m)
66 PALACE AVENUE
RETAIL AREA - 28' 3'' x 11' 7'' (8.60m x 3.54m)
TENURE
The property is available freehold with vacant possession.
BUSINESS RATES
2023 List: £5,800. Please note that this figure is not the rates payable amount. Eligible parties will be able to claim 100% Small Business Rates Relief on this property. For more information on rates payable, parties are advised to contact the Agents, Bettesworths.
VIEWING
Viewing is highly recommended and can be arranged by prior appointment via the sole agents, Bettesworths.
EPC RATING D
Tenure: Freehold
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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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