£200,000

Property for sale

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Freehold

£200,000

Property for sale

Union Street, Torquay TQ1

Local area information

Property location

Nearby amenities

  • EF Academy Torbay 0.1 miles
  • Ellacombe Church of England Academy 0.4 miles
  • Torquay - North Quay 0.5 miles
  • Torquay Harbour Boarding Pontoon 0.6 miles

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

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

Features and description

  • Freehold
  • Large Freehold Town Centre Premises
  • Ground Floor Approximately 120m2 (1,291 sq ft)
  • First & Second Floors Approximately 212m2 (2,282 sq ft)
  • Strong Development Potential of Uppers (Subject to Planning)
  • Ground Floor Retail Well Presented – All Available with Vacant Possession
Large Freehold Town Centre Premises. Strong Development Potential of Uppers (Subject to Planning).

Located in the centre of Torquay and part of Torquay’s main high street. The upper section of Union Street is becoming a service focussed area, with notable occupiers including Merlin Cinemas, Vision Express and Halifax. The nearby Union Square shopping centre is currently the centre of a large development proposal run by Torbay Council, which will see the creation of a mixed-use retail, health centre and residential development with associated public spaces.

87 Union Street comprises a ground floor retail unit, with first and second floor ancillary space. The retail unit is well presented and by itself would offer a good-sized retail offering.

The first and second floors offer excellent opportunity for residential development, subject to planning. The gross combined areas for these two upper floors is 212m² (2,282 sq ft) offering the opportunity to create multiple units within the space. Access to the uppers is currently through the shop and via an external right of way to the rear of the property via Castle Street.

Ground Floor (22' 0'' x 55' 1'' (6.70m x 16.80m))

Approx. 120m2 (1,291 sq ft).

First Floor

Approx. 121m2 (1,302 sq ft).

Second Floor

Approx. 91m2 (980 sq ft).

Tenure

Freehold with Vacant Possession.

Business Rates

2023 List: £27,050.

Please note this is not Rates Payable. Interested parties are advised to contact the Agents for indication as to possible Rates Payable.

VAT

VAT is payable on the purchase price.

Legal Costs

Each party are to bear their own proper legal costs incurred in any transaction.

Viewing

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

EPC Rating C

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. Union Street