This freehold premises comprises a vacant retail/office unit arranged over three floors and a separate workshop/storage unit located at the rear of the property, which is currently let.
The property is located at the top of Torquays high street, linking the town centre with the residential areas of Torre and Upton. This location benefits from steady flow of traffic though the one-way system and footfall from shoppers and commuters. Free short stay parking is available along the street, making this a popular location for commercial occupiers.
The property offers potential for conversion to residential, subject to all necessary consents being obtainable.
Commercial Unit Ground Floor Three office areas.
Lower Ground Floor Two offices, store room and W.C.
Basement Kitchen and W.C.
Tenancy Currently vacant.
EPC Rating C (60). Total Floor Area 110 sq.m.
Workshop Unit Accessed from the rear of the property. Open-plan work space and W.C.
Tenancy Let on a three-year commercial lease from 1st July 2022 at a current rental of 3,300 per annum.
EPC Rating D (100). Total Floor Area 37 sq.m.
Local Planning Authority Torbay Council. Tel: 01803 207801. Website: torbay.gov.uk.
Freehold with Part Vacant Possession
Commercial EPC: C
Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/
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