Commercial Property for sale

Hele Road, Torquay

Under Offer £150,000

Property Description

Full description

Tenure: Freehold

LOCATION
Situated in the densley populated residential area of Hele in Torquay this prominent investment opportunity fronts the busy B3199 Hele Road, close to Farm Foods, The Herald Express and Quicksave.

DESCRIPTION
A semi detached two sorely premises offering on the ground floor an established business known as Aquator which specialising in fish and reptiles is open 7 days a week. The upper floors were originally a self contained 3 bedroom flat with access from the rear. However, the premises were granted consent in March 2012 to change the use of the flats to an extension of the retail operation. Works to facilitate this were started including a new staircase to the front of the building, to the shop. Therefore, subject to consent, it maybe possible to create a new self contained entrance to the front elevation.
The upper floors would ready convert we believe back to one large apartment or possibly two, subject to any necessary consents. The adjoining property is a busy A5 takeaway business with self contained accommodation over.

ACCOMMODATION
Lease
The ground floor commercial area is held by a Mrs Susa Herberts - T/A Aquator, on a 15 year lease from 27th December 2007 on effective F.R.I. terms at a rental of £13,000 p.a. Rent reviews are every 3 or 5 years, therefore the next review will be 27th December 2016 or 2017.

AMENITIES
Accommodation
Ground Floor Retail premises 144.4m2 (1554 sq ft) Storage 38.18m2 (411 sq ft) Total 182.58m2 (1965 sq ft)
N.B. Premises not measured but areas taken from VOA non domestic rating website.

First Floor Total Area 60.30m2 (658 sq ft) again not measured but taken from EPC floor plan.

Rateable Value £10,250

VAT
All figures quoted are exclusive of VAT whether chargeable or not.

This property is elected for VAT, therefore VAT will be chargeable on the purchase price, please ask for further details.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Torre (0.9 mi)
  • Torquay (1.7 mi)
  • Paignton (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Waycotts, Torquay

The White House 42/44 The Terrace Torquay TQ1 1DE

01803 367067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Torre (0.9 mi)
  • Torquay (1.7 mi)
  • Paignton (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Waycotts, Torquay

The White House 42/44 The Terrace Torquay TQ1 1DE

01803 367067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100863003779. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Waycotts, Torquay. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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