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Prime Location Investment Property For Sale

Torquay, Devon
Asking Price:
£215,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

An exciting investment opportunity in a prime location with a recognised national company which have been established in this location for many years. The tenant has recently upgraded the retail unit and to the rear are redundant unoccupied large ground floor and 1st floor premises. The unused premises to the rear would ideally suit either an extension to the existing tenants on ground floor or conversion back to either one or two apartments. With good rental income and further potential, this is an opportunity not to be missed. Early viewings are highly recommended....


LOCATION

These premises are located at No. 179 St Marychurch road amongst a parade of both national & independent retailers and with Waitrose super market only a couple of hundred yards away. The location enjoys a very high vehicle and pedestrian foot fall together with convenient free short-term parking opposite. This location benefits from easy access to town centre, harbour, main arterial road links to cities like Plymouth and the cathedral city of Exeter with its International airport.

ACCOMMODATION

RETAIL UNIT

GROUND FLOOR TO FRONT

MAIN RETAIL AREA

15.91m x 5.12m

This area is bright and airy and has been subdivided into many tanning booths

OFFICE / KITCHENETTE

An office situated to the rear which acts as a office and general staff room.

TOILET

With low level WC and wash hand basin.

RESIDENTIAL UNIT

UN-OCCUPIED PREMISES TO REAR

These are unoccupied and are accessed via Fortune Way and in need of refurbishment.

Entrance through UPVC door to:

INNER HALLWAY

4.69m x 1.60m

A large reception area and door to:

SEPARATE BATHROOM

A good-sized bathroom with wet-room shower area, low level WC and wash hand basin.

KITCHEN / DINER

5.45m x 5.11m

With a kitchen area and larger dining area.

LOUNGE

5.42m x 4.71m

FIRST FLOOR

RECEPTION AREA

5.66m x 4.99m

SHOWER ROOM

With shower, low level WC and wash hand basin.

BEDROOM 1

3.42m x 1.82m

With window to front.

BEDROOM 2

4.60m x 3.72m

With window to front.

TERRACE

7.87m x 3.72m

With a sliding patio door from the 1st floor reception area.

SERVICES

Mains gas, electricity, water and drainage are all connected. No testing of these services has been undertaken by the agents Ware Commercial.

BUSINESS RATES

Please make enquiries on the local valuation website (VOA) at

TENURE

Freehold

Ground floor rental income £9,500 per annum exclusive. Lease commencement in October 2007.

VIEWINGS

All viewings and enquiries are to be made through the agents Ware Commercial.

Property information

Property:

Freehold

Contact Information

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