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Recently Refurbished Town Centre Cafe Retail Premises For Sale

Torquay, Devon, UK
Asking Price:
On request
Turnover:
Available on request
Net Profit:
Available on request

Town Centre cafe/retail premises located in Torquay's Union Street which has recently undergone refurbishment to include; decoration, light fittings, commercial flooring and installation of a 120 ltr emersion heater and pipework. The premises is located amongst other national and local traders including McDonalds, Natwest Bank and the former BHS being developed into a cinema complex.

Property Information

Property:

Leasehold

Location:

Town Centre cafe/retail premises located in Torquay's Union Street.

Premises Details:

The premises comprises:-

RETAIL/CAFE AREA + OUTSIDE SEATING/DISPLAY
91m2 (979 sq ft)

FRONTAGE
18' 1'' (5.51m)

DEPTH
67' 7'' (20.6m)

Door to:-

KITCHEN
18' 0'' x 11' 1'' (5.48m x 3.38m)

Door to:-

STORE
9' 6'' x 12' 2'' (2.9m x 3.7m)

Door to:-

STORE
14' 9'' x 16' 1'' (4.5m x 4.9m)
Staircase from the shop leads to upper and lower floors.

LOWER GROUND FLOOR HALLWAY

CUSTOMER TOILETS

OFFICE STORE
12' 2'' x 11' 7'' (3.7m x 3.54m)

STUDIO SUITE

FIRST FLOOR HALLWAY

OFFICE/MEETING ROOM
12' 10'' x 17' 9'' (3.9m x 5.4m)

KITCHEN/STAFF ROOM
10' 8'' x 9' 1'' (3.25m x 2.76m)

SECOND FLOOR LANDING

OFFICE/STORE
17' 9'' x 8' 0'' (5.4m x 2.45m)

OFFICE/STORE
8' 10'' x 7' 10'' (2.7m x 2.4m)

TENURE
A new Full Repair and Insuring Lease on flexible terms is available by negotiation at a starting rent of £10,000 per annum, increasing to £13,000 per annum at year 2 and £15,000 per annum at year 3.

RATEABLE VALUE
£16,000.

Previous occupiers separated the rates mitigation as follows:-

Shop - £14,500.
Basement Studio - £2,125.
First & Second Floors - £3,500.

For Rating advice please contact Stephen Lofthouse at Bettesworths.

SERVICES
Mains water, drainage and electricity.

INVENTORY
Available via separate negotiation.

EPC RATING D

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

AGENTS NOTE
The property is owned by a Company in the control of a director of Bettesworths.

Energy Performance Rating:
D

Contact Bettesworths

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