Retail Property (high street) for saleMarket Street, Torquay
Withdrawn from Market £400,000
Market Street lies just off the prime retail core of Torquay town centre and has all amenities close at hand including a Morrisions Local within a short distance.
An end of terrace property just off the prime retail core which has traded as a rental unit over two floors with a self-contained flat at the upper level.
We understand that planning permission was granted on the 31st July 2008 for the formation of 13 additional residential flats (14 in total) retaining the ground floor retail unit.
We understand from our clients that the s106 grant were agreed and developed was granted and development was started with various foundation opportunities undertaken. Full details are available from the agents or via Torbay Planning Website: Application No. P2008/0124/MPA
At present the premises comprises:
GF Retail Shop 212.60m2 ( 2288.40 ) sq ft
First Floor Store 138.40m2 ( 1489.72 ) sq ft
Self-contained flat currently let on an AST
Additional income is provided by an advertising hoarding to the flank wall.
Rates - RV £17,750
Council Tax:- Band A
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.
Each party to be responsible for thier own legals cost incurred.
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060
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