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53-55 & 59 Market Street, Torquay, TQ1 3AW

Guide Price
£150,000
McHugh & Co, London
PROPERTY TYPE

Retail Property (high street)

SIZE

Ask agent

Description

LOT 134 **FOR SALE BY ONLINE AUCTION** on 17th September 2025

Freehold Investment Buildings and Substantial Rear Warehouse

Situated close to the amenities available in Torquay Town Centre and travelling facilities including Torquay Train Station. Upton Park is also nearby.

Two Terrace Buildings comprising a Merged Ground Floor Commercial Unit, Two Upper Self-Contained Maisonettes Sold off on Long Leases and a Substantial Rear Warehouse with Tenancy Schedule as follows:

Self-Contained Upper Maisonette 53(A)

Sold off on a lease for a term of 999 years at a peppercorn ground rent.

Self-Contained Upper Maisonette 55(A)

Sold off on a lease for a term of 999 years at a peppercorn ground rent.

Ground Floor Commercial Unit and Rear Warehouse

Let on a single lease expiring 4th December 2026 at £24,000 per annum.

Producing £24,000 per annum

Inspection:
By arrangement with the Auctioneers

EPC Rating
C

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.

Brochures

Online Bidding

53-55 & 59 Market Street, Torquay, TQ1 3AW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Torquay Station0.9 miles
  • Torre Station0.9 miles
  • Paignton Station2.9 miles
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About McHugh & Co, London

71 Parkway, London, NW1 7PP

We are leading UK Auctioneers and hold regular sales throughout the year. We sell a wide variety of Residential, Commercial and Investment Property throughout London and the Greater London Area.

At McHugh & Co, we aim to ensure our customers needs are met by our professional and attentive team of staff. Having been established in 1983, we have an extensive knowledge of the property market.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 300777. 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 McHugh & Co, London. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call McHugh & Co, London on 020 3907 9877.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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