Paignton
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Prominent Freehold Commercial Property in Paignton Town For Sale
- Substantial Ground Floor Trading Space with Upper Floor Accommodation
- Approximately 237m² (2,551 sq ft) Over Three Floors
- Potential for Commercial or Mixed-Use Redevelopment (Subject to Planning)
- Vacant and Available with Immediate Possession
Description
40-42 Hyde Road occupies a prominent corner position in the heart of Paignton town centre, fronting one of the principal one-way traffic routes through the town. The property benefits from excellent visibility to passing vehicular and pedestrian traffic and is well positioned for access to the wider town centre.Paignton is one of the principal towns within Torbay and serves a substantial resident population as well as benefiting from significant seasonal visitor numbers. The property is conveniently positioned for the town's retail, leisure and commercial amenities and is within walking distance of Paignton railway and bus stations. A substantial freehold commercial property arranged over ground, first and second floors. Formerly occupied and operated as a pet shop, the premises are now vacant and provide an excellent opportunity for an owner-occupier, investor or developer.The existing configuration lends itself to continued commercial occupation, while the extent of the upper floor accommodation may provide potential for alternative uses. In particular, there may be an opportunity to create a mixed commercial and residential scheme, subject to obtaining all necessary planning and other statutory consents.
GROUND FLOOR
Approx. 150m² (1,615 sq ft).
Predominantly open-plan commercial accommodation arranged as two principal trading areas to the front and rear of the building. A staircase towards the rear provides access to the upper floors.
FIRST FLOOR
Approx. 52m² (560 sq ft).
Arranged as office rooms together with WC facilities. Stairs provide access to the second floor.
SECOND FLOOR
Approx. 35m² (377 sq ft)
Arranged as further office accommodation.
TOTAL APPROXIMATE FLOOR AREA: 237m² (2,551 sq ft)
All areas are approximate and should be verified by interested parties.
TENURE
The property is offered for sale freehold with vacant possession.
The adjoining 44 Hyde Road does not form part of the sale and is intended to be separated from 40-42 Hyde Road. It may be available by separate negotiation.
UTILITIES
The property benefits from its own electricity and water supplies, separate from 44 Hyde Road.
BUSINESS RATES
The property currently forms part of a larger rating assessment which also includes 44 Hyde Road.
The 2026 Rating List Rateable Value is £20,500.
Following the proposed separation of 40-42 Hyde Road from 44 Hyde Road, the premises will require reassessment by the Valuation Office Agency.
Interested parties are advised to make their own enquiries with the relevant billing authority and the Valuation Office Agency regarding the future Rateable Value and rates payable.
EPC RATING C
VAT
The property is elected for VAT and therefore VAT is payable on the purchase price at the standard rate.
VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
Energy Performance Certificates
Energy Performance CertificateBrochures
Paignton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Paignton Station0.1 miles
- Torquay Station2.0 miles
- Torre Station2.7 miles
Notes
Disclaimer - Property reference 12914153. 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.