19 Lucius Street
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- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- Freehold Mixed Commercial Investment producing £25,200 p.a
- Guide Price £250,000
- Torquay Location
Description
Location
The property is located on Lucius Street which is situated just off Belgrave Road close to Torquay Town Centre. Lucius Street is a busy trading area with a mixture of service and retail companies represented.
Lucius street has the benefit short-term free on-street parking as well as in nearby roads and is well served by public transport with the bus stop literally outside this property.
Description
Ground Floor shop 60.9m2 (656sqft) and basement 31.6m2 (340sqft) T/A Fiver Fabric . Let on 5 year IRI term from 1/9/2023 at £9,000 p.a. (£750 pcm) with a £1,000 security deposit held.
Self contained residential accommodation: two residential flats both let on AST agreements comprising 1 x one – bedroom flat recently reviewed to £675pcm, and 1 x two-bedroom flat recently reviewed to £725pcm.
The building is currently fully let and producing £25,200 p.a.
EPC
Flat 1—Rated D
Flat 2—Rated E
Shop— Rated C.
Services
We understand that each unit has separate electricity connected but they share a single water supply.
The shop tenant pays an extra £60 cm for water with both residential ASTs inclusive.
VAT
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.
NB
All internal photos are library photos supplied prior to letting by our clients.
Viewing by appointment only. Please contact:
Nick Wheeldon MRICS
Waycotts
Brochures
19 Lucius Street
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Torquay Station0.5 miles
- Torre Station0.5 miles
- Paignton Station2.6 miles
Notes
Disclaimer - Property reference WAYCOTTS-2890. 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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