£60,000

Property for sale

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Freehold

£60,000

Property for sale

Palace Avenue, Paignton TQ3

Local area information

Property location

Nearby amenities

  • Curledge Street Academy 0.2 miles
  • Sacred Heart Catholic School 0.3 miles
  • Paignton 0.3 miles
  • Torquay 2.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Paignton to find out more about the local area.

Features and description

  • Freehold
  • 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
Town Centre Commercial Freehold For Sale. Two Commercial Units Currently Arranged as One.

Located on the corner of Palace Avenue and Winner Street, the property occupies a visible position, opposite the Co-op convenience store and just up from the Palace Theatre.

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

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Bettesworths Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bettesworths Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Devon
  4. Paignton
  5. Palace Avenue