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Town Centre Retail With Cafe Premises In Torquay For Sale

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

Town Centre retail/cafe premises located in Torquay's Union Street, amongst other national and local traders, neighbouring properties include McDonalds, Natwest Bank, Argos and the former BHS being developed into a cinema complex.

The property for many years has been used as a daytime cafe and is suitable for this purpose equally, it provides near 1,000 sq ft of retail space as well as extensive ancillary and office space, making it suitable or many trades and businesses.

The ancillary areas have previously been sublet providing further income.

The property is offered by way of a new lease, details of which could be flexible and open to negotiation.

Nil ingoing premium.

Property Information

Property:

Leasehold

Location:

Town Centre retail/cafe premises located in Torquay's Union Street, amongst other national and local traders, neighbouring properties include McDonalds, Natwest Bank, Argos and the former BHS being developed into a cinema complex.

Premises Details:

The accommodation comprises:-

Retail/cafe area + outside seating/display
91m2 (979 sq ft).

Frontage
18' 1'' (5.51m)

depth
67' 7'' (20.6m)

door to:-

store/kitchen
18' 0'' x 9' 8'' (5.49m x 2.94m)
18' 0'' x 11' 1'' (5.49m 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)

Lease
new lease of flexible terms available by negotiation. Suggested initial rent of £18,500 per annum.

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

For Rating advice please contact Stephen Lofthouse at Bettesworths.

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

Energy Performance Rating:
E

Contact Information

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