MapOffers in region of
£170,000Mixed use for sale
Torquay TQ2
Mixed use
Features and description
- Large Mixed Use Investment Property
- Centrally Located on Abbey Road in Parade of Commercial Shops
- Commercial Unit, Basement Storage and Parking to the Rear
- Two Bed Flat Let on AST at £837.72 PCM
- Potential to Add Value with Commercial Unit Renovation
Large Mixed Use Investment Property. Centrally Located on Abbey Road in Parade of Commercial Shops.
Abbey Road is a busy location, linking the one-way system of the town centre up to the bottom of Torre and surrounding areas. The property is situated in the parade of shops on Abbey Road, a short walk away from the Town Centre and its various amenities, making it a popular location for small independent businesses. The location is also favoured among residents for its central location and easy access to the seafront and Torre Abbey Green.
Arranged as three units, with a basement storage, commercial unit and a two-bedroom flat.
The basement storage is currently utilised by a local business owner for goods storage at nil rent.
The commercial unit is arranged over ground and lower ground floor and is currently vacant. With some works, this could be a desirable commercial rental opportunity.
A two-bedroom flat is arranged on the first floor, and is currently let on an AST at a rent of £10,052.64 per annum.
To the rear of the property is a parking area for up to 4 vehicles.
COMMERCIAL UNIT
Gross Internal Area Approx. 265m² (2,852 sq ft).
GROUND FLOOR AREA
Width: 5.98m (Max)Depth: 13.66m (Max)
LADIES & GENTS TOILETS
Stairs down to:-
LOWER GROUND FLOOR
STORE - 10' 4'' x 6' 2'' (3.14m x 1.89m)
STORE - 13' 5'' x 9' 8'' (4.09m x 2.95m)
STORE - 15' 7'' x 13' 1'' (4.76m x 3.99m)
STORE - 16' 9'' x 10' 11'' (5.10m x 3.32m)
ROOM - 33' 0'' x 15' 9'' (10.06m x 4.80m)
With window and door to rear providing light and making this a useable space.
BASEMENT STORE - 33' 4'' x 18' 11'' (10.15m x 5.77m)
Accessed via the rear of the property and used as storage. Multiple retaining walls and supports break up this space making it limited to storage usage.
EXTERNAL
A metal staircase from the lower ground floor leads you down to the rear of the premises. Here there is outside space, which provides parking for approximately 4 cars.
RESIDENTIAL FLAT
LOUNGE - 18' 5'' x 12' 2'' (5.61m x 3.70m)
KITCHEN/ DINER - 12' 9'' x 12' 0'' (3.88m x 3.66m)
BEDROOM - 11' 4'' x 9' 8'' (3.46m x 2.95m)
BEDROOM - 14' 4'' x 9' 2'' (4.37m x 2.79m)
BATHROOM - 6' 0'' x 5' 3'' (1.82m x 1.61m)
WC
TENURE
The property is being sold Freehold, subject to the residential Assured Shorthold Tenancy. The commercial premises are offered with vacant possession.
BUSINESS RATES
2023 List: £3,200. Please note this is not Rates Payable.
COUNCIL TAX BAND B
SERVICES
The property is connected to gas, water and electric. The flat benefits from gas central heating.
LISTING
Grade II Listed. Further details can be found using Historic England's register online and using their list entry number: 1202956.
VIEWING
Viewing is strictly by prior appointment with the Sole Agents, Bettesworths. Tel.[use Contact Agent Button]. All interested parties are politely requested to respect the tenants' quiet enjoyment of the property.
EPC RATINGS
Commercial Unit - C. Flat - D.
Council Tax Band: B
Tenure: Freehold
Abbey Road is a busy location, linking the one-way system of the town centre up to the bottom of Torre and surrounding areas. The property is situated in the parade of shops on Abbey Road, a short walk away from the Town Centre and its various amenities, making it a popular location for small independent businesses. The location is also favoured among residents for its central location and easy access to the seafront and Torre Abbey Green.
Arranged as three units, with a basement storage, commercial unit and a two-bedroom flat.
The basement storage is currently utilised by a local business owner for goods storage at nil rent.
The commercial unit is arranged over ground and lower ground floor and is currently vacant. With some works, this could be a desirable commercial rental opportunity.
A two-bedroom flat is arranged on the first floor, and is currently let on an AST at a rent of £10,052.64 per annum.
To the rear of the property is a parking area for up to 4 vehicles.
COMMERCIAL UNIT
Gross Internal Area Approx. 265m² (2,852 sq ft).
GROUND FLOOR AREA
Width: 5.98m (Max)Depth: 13.66m (Max)
LADIES & GENTS TOILETS
Stairs down to:-
LOWER GROUND FLOOR
STORE - 10' 4'' x 6' 2'' (3.14m x 1.89m)
STORE - 13' 5'' x 9' 8'' (4.09m x 2.95m)
STORE - 15' 7'' x 13' 1'' (4.76m x 3.99m)
STORE - 16' 9'' x 10' 11'' (5.10m x 3.32m)
ROOM - 33' 0'' x 15' 9'' (10.06m x 4.80m)
With window and door to rear providing light and making this a useable space.
BASEMENT STORE - 33' 4'' x 18' 11'' (10.15m x 5.77m)
Accessed via the rear of the property and used as storage. Multiple retaining walls and supports break up this space making it limited to storage usage.
EXTERNAL
A metal staircase from the lower ground floor leads you down to the rear of the premises. Here there is outside space, which provides parking for approximately 4 cars.
RESIDENTIAL FLAT
LOUNGE - 18' 5'' x 12' 2'' (5.61m x 3.70m)
KITCHEN/ DINER - 12' 9'' x 12' 0'' (3.88m x 3.66m)
BEDROOM - 11' 4'' x 9' 8'' (3.46m x 2.95m)
BEDROOM - 14' 4'' x 9' 2'' (4.37m x 2.79m)
BATHROOM - 6' 0'' x 5' 3'' (1.82m x 1.61m)
WC
TENURE
The property is being sold Freehold, subject to the residential Assured Shorthold Tenancy. The commercial premises are offered with vacant possession.
BUSINESS RATES
2023 List: £3,200. Please note this is not Rates Payable.
COUNCIL TAX BAND B
SERVICES
The property is connected to gas, water and electric. The flat benefits from gas central heating.
LISTING
Grade II Listed. Further details can be found using Historic England's register online and using their list entry number: 1202956.
VIEWING
Viewing is strictly by prior appointment with the Sole Agents, Bettesworths. Tel.[use Contact Agent Button]. All interested parties are politely requested to respect the tenants' quiet enjoyment of the property.
EPC RATINGS
Commercial Unit - C. Flat - D.
Council Tax Band: B
Tenure: Freehold
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