27, 28 & 28a Fleet Street, Torquay, TQ1 1BB

£250000

Business Type

Tenure

Key features

  • ON THE INSTRUCTIONS OF THE TRUSTEES OF THE CARY ESTATE
  • Producing £18,700 per annum, reflecting an annual yield of 7.48% before costs
  • Prominent trading position in Torquay town centre Fleet Street
  • Arranged over ground and first floor levels
Prominent freehold retail investment adjoining Tesco Express with two shops and a kiosk in Torquay town centre.

More details

Location & description

A rare opportunity to acquire the freehold of 27, 28 & 28a Fleet Street, comprising two adjoining retail premises together with a kiosk positioned between the two units.

The property occupies a prominent trading position in Torquay town centre Fleet Street, adjoining Union Street, and is situated adjacent to Tesco with nearby occupiers including Cash Converters, Costa Coffee and a range of local retailers.

The premises are arranged over ground and first floor levels and have historically been used for hairdressing / salon purposes. The property may suit a range of retail, beauty, office, investment or alternative commercial uses, subject to the necessary consents.

VAT

All figures quoted are exclusive of VAT although no election of VAT has been made on this property.

Legal Costs

Each Party to be responsible for their own legal costs incurred.

Tenancy Schedule
Please see enclosed particulars

Viewing

For further information or viewings contact

Matty Ash or Nick Wheeldon MRICS

01803 403060 | property@waycotts.co.uk

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