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A Fantastic Commercial Property With Multiple Uses In Torquay For Sale

Torquay, Devon, UK
Asking Price:
£179,000
Turnover:
Not applicable
Net Profit:
Not applicable

A fantastic retail investment, business, or home with income opportunity in the heart of the most desirable coastal town of Torquay, Devon. This property has until recently been trading as a Chinese take-away and benefits from high passing footfall/ traffic and has convenient free short-term parking opposite. The premises benefit from a good-sized ground floor retailing area with stores / office, cloak room, fully equipped kitchen, workshop on the lower ground floor and a self-contained 2-bedroom apartment with garden and garage (small). Ideally located only minutes’ walk to the town centre, beach and harbour. Early viewings are highly recommended.

Location
The premises are ideally located on Union Street which is an excellent secondary location within all year-round busy Torquay, Devon. Immediately outside the shop is free short-term parking and the pavements on both sides benefit from a high foot fall. It is centrally located on the level with beautiful flat sandy beaches nearby. The property is within a short driving distance of Brixham and Paignton or it's easy to catch public transport if you don’t want to drive. Nearby is the main train and bus station and easy access to main motorways linking all parts of the UK.

Business
The premises until recently have been trading as a Chinese restaurant / take-away. This will be sold with vacant possession but should anybody wish to operate as restaurant / take-away, a separate discussion to hand over the fixtures and fittings would be welcome. The premises would suit many uses, from owner operator, investment or even development. There are two entrances to the front of the property and one entrance to the rear.

Accommodation comprises
A double fronted shop front and separate door to the apartment above.

Ground floor

Restaurant / retail area 1
4.03m x 3.91m
A fantastic space which with built-in electrical consumer cupboard, suspended ceiling, wood effect flooring and bespoke customer counter to

Retail area 2
4.13m x 3.97m
Another large area which currently is used by the staff but could easily be incorporated into one large ground floor retailing or dining area.

Office / store 1
3.51m x 2.81m
A good-sized room which is currently being used as an office / store and benefits from a window overlooking the park at the rear of the property.

Cloak room
With a WC and hand wash basin.

Lower ground floor

Kitchen
4.01m x 3.79m
A large space which has been comprehensively equipped comprising of a 7 x burner water cooled Chinese range with a stainless steel commercial extraction canopy above. An array of stainless steel prep tables, 2 x stainless steel sinks, floor standing deep fat fryer, twin under the counter stainless steel fridges and much more.

Store
4.85m x 3.01m
Adjacent to the kitchen is a store with a walk-in fridge which is not currently being used, and an array of fridges, freezers and ample shelving for dry goods.

Apartment
From the front of the property is a separate door to the flat above and it’s also accessible via the business.

1st ½ landing

Kitchen
2.39m x 1.49m
A galley kitchen with an array of wall and base fitted units with inset stainless-steel sink and drainer, four ring electric hob and dual aspect window to side and rear.

Bathroom
With a corner shower, WC, hand wash basin, built-in for storage and housing gas central heating boiler.

1st Floor

Bedroom 1
3.66m x 2.02
A single room with window to front of the property.

Bedroom 2
3.99m x 3.43m
A lovely spacious double room with window to rear overlooking the park.

Lounge
3.85m x 3.06m
A good-sized room with ample space to accommodate a sofa suite, table & chairs and window to front of the property.

Outside
Workshop / store
3.21m x 2.75m

Terrace
4.95m x 3.74m
A lovely large, enclosed terrace with views overlooking the park to the rear of the property.

Garage
A smaller garage which could accommodate a small car or ideal as a lock-up storage unit.

Parking
Immediately to the front of the property is Free short-term parking and pay and display parking nearby.

Fixtures and fittings
All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

Services
Mains gas, electricity water, gas, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

Business rates
Please make enquiries on the local valuation website (VOA) at(currently the property is fully exempt from business rates because of small business rates relief)

Tenure
Freehold

Viewings.
All viewings and enquiries are to be made through the agents, Ware Commercial.
Tel.

Property Information

Property:

Freehold