Tor Hill Road , Torquay, Devon Sale Price : Freehold : £59,500Let : £6,000pa

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Full Details

LOCATION
Situated at the top of Torquay town centre just off busy Union Street a lock up retail unit highly visible on the one-way system circling Castle Circus.

DESCRIPTION
Ground floor vacant lock-up shop unit with A1 (retail) and/or B1 (office) use in central location

ACCOMMODATION
Security shutter to shop frontage
Retail area 31.4m²
Internal Storage room 12m²
Staff toilets 1.8m²
Total area 45.2m² (486.52 sq ft)

TERMS
Freehold with vacant possession of the ground floor shop unit but subject to the new 125 year leases of the 2 self-contained flats on the first and second floors. The cost of the property insurance and any maintenance charges are divided equally 1/3rd to each unit.
Leasehold our client may consider letting the shop unit (terms to be negotiated) on a new FRI lease at a rent of £6,000pa

OUTGOINGS
£5,500 per annum taken from Valuation Office Agency website.

VAT
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred.

VIEWING
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060

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