Retail premises for sale in 83-85 Union Street, Torquay, Devon TQ1
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Property features
- The EPC will be made available on application
Property description
Freehold Investment Sale
Investment summary
- Freehold investment sale in Torquay
- Passing rent £42,500 per annum
- Let on a 5 year term from 25th March 2022
- Lease is protected by the Landlord and Tenant Act 1954
- Close proximity to Union Street shopping centre
- Tenant only break on the 3rd anniversary, £4,000 break penalty
- Considerable ancillary space on the first floor
- Full Repairing and Insuring Lease
The property comprises ground floor retail space with ancillary accommodation on the first floor. W/c's and kitchen facilities are located on the first floor.
The Ground floor consists of mainly open plans sales space with the first floor split into three large rooms currently being used as storage and staff rooms.
Torquay is a traditional seaside resort town set on Devon's English Riviera coast in the south west of England.
The property is located on Union Street, which is approximately 0.5 miles from Torquay Marina (shown below) and approximately 1 mile from Torquay Train station which has frequent trains running to Exeter and the South West.
The property also backs on to Union Square shopping centre, which is home to a mix of retails. Some examples are Game, Specsavers, Peacocks, Greggs and The Entertainer.
The EPC will be made available on application
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Carter Jonas, BS8 on +44 117 295 7700 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Carter Jonas, and do not constitute property particulars. Please contact Carter Jonas for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.