Torquay
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Freehold Commercial Premises Available For Sale
- Retail Unit with Basement Storage and a Separate Garage Unit
- Retail Unit Gross Area Approx: 110m² (1,184 sq ft) – Sold with VP
- Garage Unit Let Until July 2025 at £3,300 Per Annum
- Opportunity for Owner Occupiers or Commercial Investors
Description
179 Union Street is located at the top of Torquay’s high street, linking the town centre with the residential areas of Torre and Upton. This location benefits from steady flow of traffic though the one-way system and footfall from shoppers and commuters. Free short stay parking is available along the street, making this a popular location for commercial occupiers. A freehold premises comprising of a retail unit with office and storage areas on lower ground floor/ basement levels and a separate unit located at the rear of the property. The retail unit is being sold with vacant possession and the garage unit is sold subject to a commercial lease expiring July 2025.
COMMERCIAL UNIT
Arranged over ground, lower ground and basement level. The gross internal area of the unit is approximately 110m² (1,184 sq ft).
It is arranged as office accommodation with some storage areas.
The unit is being sold with vacant possession.
GARAGE UNIT
A double garage unit which has been modified and converted into a useable storage/office space.
Previously the unit was used as a personal training studio, and it is now being used as a store and office for an e-commerce business.
The unit is currently let until July 2025 at a rent of £275pcm.
TENURE
Freehold subject to the long leasehold of the first floor flat and commercial lease of the garage unit.
The long leasehold flat pays a peppercorn ground rent and contributes a percentage towards the buildings insurance and external upkeep.
BUSINESS RATES
Commercial Unit: £5,400.
Garage Unit: £2,750.
Please note this is not Rates Payable. Eligible parties can claim 100% Small Business Rates Relief on these units.
LEGAL COSTS
Both parties are to bear their own legal costs incurred in any transaction.
EPC RATINGS
Commercial Unit – C.
Garage Unit - D.
VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
Energy Performance Certificates
Energy Performance CertificateBrochures
Torquay
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Torre Station0.5 miles
- Torquay Station0.7 miles
- Paignton Station2.8 miles
Notes
Disclaimer - Property reference 12575155. 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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