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Torquay

£210,000

Business rates & charges may apply

Bettesworths, Devon
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SECTOR

Mixed use property for sale

Key features

  • Mixed-Use Freehold in Popular St Marychurch Precinct
  • Comprises Retail Unit and a Two Bedroom Maisonette
  • Retail Unit Let at £550pcm Until September 2026
  • Residential Flat with Private Rear Garden – Currently Vacant
  • Ideal for Owner Occupiers or Investors

Description

Mixed-Use Freehold in Popular St Marychurch Precinct. Comprises Retail Unit & a Two Bedroom Maisonette.

Situated in the heart of St Marychurch’s shopping precinct, a thriving area of Torquay. 56 Fore Street benefits from a prominent position within an independent and well-supported retail parade. The location enjoys strong year-round footfall and is surrounded by independent occupiers, including shops, cafés, and services, appealing to a strong local customer base. St Marychurch is also a sought-after residential area with excellent transport links, making this property ideal for those seeking a home and income, an investment opportunity, or a small business base with living accommodation above. 56 Fore Street is a mid-terraced mixed-use property comprising a ground floor retail unit and a self-contained two-bedroom maisonette above. The retail unit is currently occupied by a homewares business and provides approximately 32m² (344 sq ft) of trading space. It is let on a 3-year lease expiring in September 2026 at £550 per calendar month. The residential accommodation, accessed via a separate entrance, is currently vacant. It comprises two bedrooms, separate living room and kitchen and benefits from a private, lawned rear garden bordered by mature trees and stone walls. While the flat is in a tidy condition, it offers scope for refurbishment to create a high-quality residential unit. This property presents a rare opportunity for investors, owner occupiers, or those seeking a live-work arrangement in a desirable part of Torquay. 

ACCOMMODATION

GROUND FLOOR

RETAIL

20' 6'' x 19' 0'' (6.24m x 5.80m) (max)

Gross Internal Area Approx. 32m² (344 sq ft).

Stairs from the back of the shop lead into a communal hallway and out to the garden, where there is a WC for the shop.

FIRST FLOOR

HALLWAY

With doors leading to:-

LIVING ROOM

14' 2'' x 11' 1'' (4.33m x 3.39m)

With door to:

BEDROOM

9' 3'' x 8' 1'' (2.82m x 2.47m)

BEDROOM

10' 4'' x 9' 4'' (3.15m x 2.84m)

KITCHEN

7' 10'' x 7' 0'' (2.40m x 2.13m)

With a range of floor and wall mounted cupboards, inset sink and drainer, an electric oven and gas combi-boiler. A door leads to:-

BATHROOM

With a bath with shower over, airing cupboard and sink.

SEPARATE WC

EXTERNAL

At the rear of the property is a private walled garden with a lawned area, mature trees and a shed.

TENURE

Freehold, subject to the commercial lease and vacant possession of the residential.

RENT SCHEDULE

Retail Unit: Let to a homewares business.
Lease Term: 3 years from September 2023.
Passing Rent: £550 pcm / £6,600 per annum.

EPC

Both commercial and residential EPCs are awaited.

COUNCIL TAX

Flat - Band A.

BUSINESS RATES

2023 List: £10,000.

Business rates are paid by the tenant. This unit is eligible for 100% Small Business Rates Relief.

LEGAL COSTS

Each party will be responsible for their own legal costs unless expressly agreed otherwise.

VIEWING

Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths. Tel. .

Brochures

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Torre Station1.2 miles
  • Torquay Station1.7 miles
  • Paignton Station3.8 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 12732754. 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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