£285,000

Property for sale

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Just added
Freehold

£285,000

Property for sale

Fore Street, St. Marychurch, Torquay TQ1

Local area information

Property location

Nearby amenities

  • Priory Roman Catholic Primary School, Torquay 0.1 miles
  • Abbey School 0.2 miles
  • Torre 1.2 miles
  • Torquay - North Quay 1.6 miles

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

Features and description

  • Freehold
  • Freehold Mixed-Use Investment Opportunity
  • Arranged as Commercial Unit with Self Contained 3-Bed Flat Over
  • Located in the Highly Desirable St Marychurch Precinct
  • Flat in Good Condition Ready for Occupation or Reletting
  • Commercial Leased at £950 pcm – Expiring October 2025
Freehold Mixed-Use Investment Opportunity. Arranged as Commercial Unit with Self-Contained 3 Bed Flat Over.

St Marychurch is a desirable residential and commercial district of Torquay, situated within walking distance of local amenities and public transport links. The area benefits from strong footfall and a mix of independent retailers, professional services and residential occupiers.

A rare opportunity to acquire a mixed-use investment property in the heart of St Marychurch, Torquay. The property comprises a ground floor commercial unit currently occupied as a salon, together with a self-contained and recently renovated three-bedroom flat arranged over the upper floors.

The residential flat is currently vacant and ready for immediate occupation or letting. The property offers excellent income potential in a sought-after location.



A traditional corner plot building arranged over ground and first floors - Configured as follows:-

Commercial Unit (Ground Floor)

Currently operating as a salon and arranged as:

Retail Area (32' 0''x 11' 1'' (9.76m x 3.39m))

Treatment Room (12' 1'' x 13' 1''(3.69m x 3.99m))

Treatment Room (10' 2'' x 7' 3'' (3.09m x 2.22m))

Storeroom (6' 11'' x 6' 7'' (2.11m x 2.01m))

Kitchenette (6' 2'' x 5' 2'' (1.89m x 1.57m))

WC (6' 7'' x 5' 2'' (2.01m x 1.57m))

Net Internal Area Approx:

62m2 (667sq ft).

The commercial unit is let at a rent of £950.00 per calendar month under a lease expiring in October 2025. We have been informed the tenant does not intend to stay on past this date.

Residential Flat (First Floor)

Accessed via a private hallway at ground floor level, with a WC under the stairs, leading to:-

Lounge (13' 4'' x 12' 5'' (4.06m x 3.79m))

With sliding door to:

Kitchen (8' 4'' x 7' 0'' (2.53m x 2.13m))

Fitted with a range of wall-hung and base units, the kitchen includes a worktop with inset stainless-steel sink and drainer, a built-in oven with four-ring gas hob above and space for under-counter appliances.

Bedroom (9' 5'' x 8' 4'' (2.86m x 2.53m))

Bedroom (13' 6'' x 13' 1'' (4.12m x 3.99m))

With built-in wardrobe.

Bedroom (13' 6'' x 7' 10'' (4.12m x 2.39m))

Shower Room

Fitted with a glass shower cubicle with mains shower, low-level WC and pedestal wash hand basin.

Tenure

Sold freehold subject to the commercial lease expiring October 2025 and vacant possession of the flat.

Price

Offers invited in the region of £285,000.

Business Rates

2023 List: £13,250.

Please note this is not the Rates Payable amount. Eligible occupiers will be able to claim Small Business Rates Relief. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.

Council Tax Band B

VAT

The property is not elected for VAT and therefore is not chargeable on rent.

Legal Costs

Each party will be responsible for their own legal costs unless expressly agreed otherwise.

EPC Ratings

Commercial Unit – C.
Flat- D.

Viewing

Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.

Floor plans and tours

Floor plans (1)

Floor plan 1

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. Torquay
  5. St. Marychurch
  6. Fore Street