Block of flats for Sale in St. Marychurch Road, Torquay

** ATTENTION INVESTORS** A fantastic opportunity to acquire a freehold Shop, 2 Bedroom Flat, Studio Flat, and Building with Development Potential in the heart of the busy Plainmoor area of Torquay.

 

** ATTENTION INVESTORS** A fantastic opportunity to acquire a freehold Shop, 2 Bedroom Flat, Studio Flat, and Building with Development Potential in the heart of the busy Plainmoor area of Torquay.

 

The building consists of

SHOP: Currently let as an Indian Takeaway on a lease for around 25 years, the current lease is due for renewal in May 2024 currently let at £6600pa

Fully glazed large shop front leading into customer order and collection area with counter, archway to commercial kitchen, door to rear courtyard and store.

FIRST FLOOR FLAT: Lounge, 1 Double and 1 Single bedroom, kitchen and shower room. Double Glazing and new Quantum night storage heaters. EPC C, currently let at £525 pcm. 

STUDIO FLAT: Living Space, Separate Kitchen, Bathroom. EPC TBC, Currently let at £3900

OLD FLOUR MILL: A detached building at the rear of the property of around 315sqft. Over 2 floors, could be converted into a separate dwelling subject to planning.

REAR COURTYARD: With a covered storage area and parking, this could also be further developed subject to planning.

 

EPC for the shop and studio are TBC

Council Tax Flat Band A, Studio Band A

Business Rates on shop £7600

Consumer Protection from Unfair Trading Regulations 2008 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Please inform us of any particular requirements that are important to you prior to viewing.