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Torquay

Guide Price
£385,000

Business rates & charges may apply

Bettesworths, Devon
SIZE

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SECTOR

Commercial property for sale

Key features

  • High Street Retail Freehold Investment - For Sale by Auction
  • Entirely Let to Edinburgh Woollen Mill Properties Limited Until 2031
  • Recently Renewed Lease in a Prime Central Pitch. Rent £44,000 Per Annum
  • Tenant in Occupation for over 25 Years
  • Substantial Building of Approx. 967.20m2 (10,410 sq ft)

Description

High Street Retail Freehold Investment - For Sale By Auction on 16th July 2026 (Unless Sold or Withdrawn Prior). The property is prominently situated in Torquay town centre on Fleet Street, the town's premier retailing location. Torquay is an established South Devon coastal town, situated approximately 23 miles south of Exeter. The property is located in close proximity to the Fleet Walk Shopping Centre and Torquay Marina, with nearby occupiers including Tesco Express, TK Maxx, Trespass, Subway, KFC and Domino's.   The property comprises a substantial ground floor retail unit with ancillary accommodation on the basement, first, second and third floors. A major restoration of the exterior was completed in 2022. 

TENANCY & ACCOMMODATION

GROUND FLOOR RETAIL

228.80m2 (2,462 sq ft).

Tenant: Edinburgh Woollen Mill Properties Limited, trading as The Edinburgh Woollen Mill.

Term: 5 years from 20th May 2026.

Rent: £44,000 per annum exclusive.

The lease provides a tenant option to determine on 20/05/2029 upon serving 6 months notice.

Full lease information available upon request.

BASEMENT

150.80m2 (1,623 sq ft).

FIRST FLOOR

223.00m2 (2,400 sq ft)

SECOND FLOOR

192.60m2 (2,073 sq ft).

THIRD FLOOR

172m2 (1,851 sq ft).

TOTAL

967.20m2 (10,410 sq ft).

N.B.

The floor areas stated above are those published by the Valuation Office Agency (

TENURE

Freehold.

VAT

VAT is applicable to this lot.

EPC RATING D

NOTE

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

VIEWING

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

Energy Performance Certificates

Energy Performance Certificate

Brochures

Torquay

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Torquay Station0.7 miles
  • Torre Station1.1 miles
  • Paignton Station2.6 miles

About Bettesworths, Devon

221 St Marychurch Road, Torquay, Devon, TQ1 4NB

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

These notes are private, only you can see them.

Disclaimer - Property reference 12878206. 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.

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 Bettesworths, Devon on 01803 220727.

*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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