Guide price
£325,000
(£449.53/sq. ft)
Retail premises for saleTorquay Road, Paignton TQ3
From 667 - 904 sq. ft
Just added
Business
About this property
Mixed-use freehold & established jewellery business
2-bed maisonette Currently producing £875 pcm
Mixed-use freehold & established jewellery business
Guide price £325,000
Established business
2-bed maisonette Currently producing £875 pcm
Sold as a going concern
A rare live, work & investment opportunity
An attractive opportunity to acquire a prominent mixed-use freehold together with an established jewellery business, sold as a going concern. The property combines versatile ground-floor commercial accommodation, a spacious two-bedroom maisonette arranged over two floors and a separate garage. Stock is expressly excluded from the sale.
• Long-established town-centre jewellery business
• Commercial premises with shop, workshop, reception and ancillary accommodation
• Self-contained two-bedroom maisonette with two en-suite bedrooms
• Separate garage included
• Residential income of £10,500 per annum
The Opportunity
The sale offers the freehold interest in 19-21 Torquay Road together with the ongoing jewellery business. The business is to be transferred as a going concern, excluding stock. Its established trading history and the mixed commercial/residential configuration make this a compelling proposition for an owner-operator, investor or purchaser seeking combined business and rental income.
Business Highlights
Annual turnover tba
Reported net profit tba
Basis of sale - Established business sold as a going concern
Stock - Excluded from the sale
Business figures can be supplied by the vendor and should be independently verified. Further accounting information may be made available to bona fide applicants, subject to the vendor's approval.
Accommodation
Ground Floor - Commercial
• Shop: 4.82 m x 3.41 m (15'10" x 11'2") with two display windows
• Workshop area: 3.90 m x 2.68 m (12'10" x 8'10")
• Reception room: 3.16 m x 3.78 m (10'4" x 12'5")
• Kitchen: 2.04 m x 3.16 m (6'8" x 10'4")
• Utility: 1.77 m x 3.01 m (5'10" x 9'11")
• Separate WC and circulation space
First & Second Floors - Maisonette
• Lounge/diner: 4.99 m x 4.10 m (16'4" x 13'5")
• Kitchen: 2.00 m x 3.10 m (6'7" x 10'2")
• Bedroom 2: 3.07 m x 3.89 m (10'1" x 12'9") with en-suite
• Main bedroom: 2.92 m x 5.08 m (9'7" x 16'8") with en-suite
• Currently let at £875 pcm, equivalent to £10,500 per annum
Garage
A separate garage of approximately 10 sq m / 107 sq ft is included within the sale.
Guide price £325,000
Established business
2-bed maisonette Currently producing £875 pcm
Sold as a going concern
A rare live, work & investment opportunity
An attractive opportunity to acquire a prominent mixed-use freehold together with an established jewellery business, sold as a going concern. The property combines versatile ground-floor commercial accommodation, a spacious two-bedroom maisonette arranged over two floors and a separate garage. Stock is expressly excluded from the sale.
• Long-established town-centre jewellery business
• Commercial premises with shop, workshop, reception and ancillary accommodation
• Self-contained two-bedroom maisonette with two en-suite bedrooms
• Separate garage included
• Residential income of £10,500 per annum
The Opportunity
The sale offers the freehold interest in 19-21 Torquay Road together with the ongoing jewellery business. The business is to be transferred as a going concern, excluding stock. Its established trading history and the mixed commercial/residential configuration make this a compelling proposition for an owner-operator, investor or purchaser seeking combined business and rental income.
Business Highlights
Annual turnover tba
Reported net profit tba
Basis of sale - Established business sold as a going concern
Stock - Excluded from the sale
Business figures can be supplied by the vendor and should be independently verified. Further accounting information may be made available to bona fide applicants, subject to the vendor's approval.
Accommodation
Ground Floor - Commercial
• Shop: 4.82 m x 3.41 m (15'10" x 11'2") with two display windows
• Workshop area: 3.90 m x 2.68 m (12'10" x 8'10")
• Reception room: 3.16 m x 3.78 m (10'4" x 12'5")
• Kitchen: 2.04 m x 3.16 m (6'8" x 10'4")
• Utility: 1.77 m x 3.01 m (5'10" x 9'11")
• Separate WC and circulation space
First & Second Floors - Maisonette
• Lounge/diner: 4.99 m x 4.10 m (16'4" x 13'5")
• Kitchen: 2.00 m x 3.10 m (6'7" x 10'2")
• Bedroom 2: 3.07 m x 3.89 m (10'1" x 12'9") with en-suite
• Main bedroom: 2.92 m x 5.08 m (9'7" x 16'8") with en-suite
• Currently let at £875 pcm, equivalent to £10,500 per annum
Garage
A separate garage of approximately 10 sq m / 107 sq ft is included within the sale.
Mortgage calculator
Monthly repayment
£1,625 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}