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Paignton

£60,000

Business rates & charges may apply

Bettesworths, Devon
SIZE

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SECTOR

Commercial property for sale

Key features

  • Town Centre Commercial Freehold For Sale
  • Two Commercial Units Currently Arranged as One
  • Gross Internal Area Approx. 83m2 (893 sq ft)
  • Great SIPP Investment or Owner Occupier Opportunity
  • High Footfall Area – Connecting Residential Areas to Town Centre

Description

Town Centre Commercial Freehold For Sale. Two Commercial Units Currently Arranged as One. 

Located on the corner of Palace Avenue and Winner Street, the property occupies a visible position, opposite the Co-op convenience store and just up from the Palace Theatre.  

Palace Avenue is a busy secondary trading location, with a variety of independent retailers and service providers. Connecting the upper residential areas of Paignton to the Town Centre, it’s a popular trading position.    

The property offers a great opportunity to acquire a town centre freehold, either for investment purposes or for an owner occupier.   

The units are currently connected to form one larger premises and historically they have been let to one tenant together. 

However, they offer the opportunity to split and let to two tenants or to occupy each side with complementary businesses.   The property benefits from a useful basement area suitable for storage.

64 PALACE AVENUE

RETAIL AREA

16' 7'' x 14' 1'' (5.05m x 4.28m)

STORE

8' 6'' x 7' 1'' (2.58m x 2.17m)

Stairs to:-

BASEMENT ROOM

7' 10'' x 5' 6'' (2.40m x 1.68m)

BASEMENT ROOM

17' 5'' x 13' 5'' (5.30m x 4.10m)

66 PALACE AVENUE

RETAIL AREA

28' 3'' x 11' 7'' (8.60m x 3.54m)

TENURE

The property is available freehold with vacant possession.

BUSINESS RATES

2023 List: £5,800.

Please note that this figure is not the rates payable amount. Eligible parties will be able to claim 100% Small Business Rates Relief on this property. For more information on rates payable, parties are advised to contact the Agents, Bettesworths.

VIEWING

Viewing is highly recommended and can be arranged by prior appointment via the sole agents, Bettesworths.

EPC RATING D

Brochures

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Paignton Station0.3 miles
  • Torquay Station2.2 miles
  • Torre Station2.8 miles

About Bettesworths, Devon

Fleet Street, Torquay, TQ1 1BB

Bettesworths is an independent family business, owned and run by the third generation Chartered Surveyor Directors, Matt & Paul.

We have an experienced team, highly skilled and expert in delivering a broad range of services to clients looking for the very best results.

Our breadth of experience across all property sectors, the depth of our day to day involvement and our technical knowledge gives Bettesworths an unrivalled platform from which to provide advice to meet our clients’ needs.

Our clients range from private individual property owners and occupiers to PLC institutions. We ensure each and every one is best supported with a service with which to meet the challenges and changes in the market and their own circumstances.

We offer free initial consultations without obligation, so please contact a member of our team to discuss your requirements.

Notes

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Disclaimer - Property reference 12471909. 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 Bettesworths, Devon. 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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