Torquay
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
High street retail property for sale
Key features
- Excellent Opportunity to Acquire Long-Established Locksmith
- Successful Business with Further Potential
- Serving Residential, Auto & Commercial Sectors
- On the Market for First Time in 20+ Years
- New FR&I Lease Rent £4,000 PA
Description
The premises occupies a highly visible trading position towards the top of Torquay town centre. The location benefits from excellent levels of passing vehicular and pedestrian traffic. The surrounding area comprises a mixture of commercial, retail, office and residential uses. Keys & Locks have established an excellent reputation as a trusted local locksmith and is the longest commercial locksmith in Torbay. The business provides a comprehensive range of services including residential, commercial & auto key cutting, lock sales, lock repairs & replacement, security products, master key systems and associated locksmith services. The business enjoys repeat trade from local residents, landlords, letting agents and commercial clients and offers significant potential for continued growth. A purchaser may wish to expand the range of security products and services available or develop additional online sales and marketing opportunities.
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The premises comprises:-
Double Fronted Ground Floor Retail Unit.
MAIN SALES AREA
Fitted with a retail counter, wall-mounted display systems and shelving for the display of locks, keys, security hardware and associated products.
WORKSHOP
To the rear of the retail area is a dedicated workshop providing ample space for key cutting equipment, lock repairs and general workshop activities.
OFFICE
CLOAKROOM
GENERAL INFORMATION
TENURE
Leasehold. The premises is available via a new Fully Repairing & Insuring Lease at a rent of £4,000 per annum. The commercial tenant will be responsible for a fair percentage of the general maintenance & upkeep of the property as a whole.
RATEABLE VALUE
2026 List: £6,900.
Please note this is not Rates Payable. 100% Small Business Rates Relief will be available to eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.
STOCK
Running at circa £25,000. Included in the sale of the business.
UTILITIES
The premises is connected to electricity, water and mains drainage.
INVENTORY
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners' personal effects.
EPC RATING B
VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
Brochures
Torquay
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Torre Station0.6 miles
- Torquay Station0.7 miles
- Paignton Station2.7 miles
Notes
Disclaimer - Property reference 12889917. 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.