Torquay
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- An Opportunity to Purchase a Fully Occupied Small Business Estate
- Arranged as 12 Units in Total (some of which are in combined occupancy)
- Gross Rental Income Currently £52,300 Per Annum - With Scope for Rental Growth
- Overall Accommodation Areas of Approx. 840m2 on a Site of Approx. 0.4 Acres
- For Sale Due to Bereavement - An Opportunity to Acquire a High Yielding Investment with Excellent Management
Description
Barton Business Park is situated at the foot of Barton Hill Way, immediately adjacent to the Hele Cross roundabout. This location is convenient for local small businesses, serving the immediate high density area and also with easy links to Torquay and the wider Torbay area, as well as immediate access to the A380, giving continuous dual carriage way connection to the motorway network at Exeter. Torquay has a strong demand for small commercial units, such as those offered here. Voids on the estate are rare and demand from new tenants is strong. The property comprises a large extended detached building, with driveway access from Barton Hill Road and well proportioned parking areas around the estate. The property is 12 units in total and currently occupied by 6 individual tenants (several tenants occupying multiple units).
ACCOMMODATION
The accommodation is detailed in the unit site plan overleaf.
TENANCY SCHEDULE
Unit A, C, D & J - Redman Thomas - Rent £16,800 PA.
Unit B - Torquay Dental Labs - Rent £7,500 PA.
Unit E & K - John Brown - Rent £6,000 PA.
Unit F - Matt Fiddes - Rent £7,500 PA,
Unit G - Labella Ice Cream - Rent £2,400 PA.
Unit I, H & L - Western Counties - Rent £12,100 PA.
TENURE
The estate is being sold freehold, subject to the commercial occupational leases granted. Copies of the leases are available upon request.
EPC RATING E
VAT
We are informed that the property is not elected for VAT at the time of sale.
VAT is currently not chargeable on rents.
The sale of the property will be treated as a Transfer of Going Concern Sale.
UTILITIES
We are informed that each unit has its own separate power and water supply.
LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in any transaction.
VIEWING
Viewing is strictly by prior appointment with the Sole Agents, Bettesworths.
Interested parties are politely requested to be respectful of the tenant's occupation and ongoing operation of their businesses.
Energy Performance Certificates
Energy Performance CertificateBrochures
Torquay
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Torre Station0.9 miles
- Torquay Station1.7 miles
- Paignton Station3.6 miles
Notes
Disclaimer - Property reference 12617978. 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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