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£200,000

Retail premises for sale
Lucius Street, Torquay TQ2

    Freehold
    Added on 22/09/2023

    About this property

    • Showroom Premises with Large Storage Extension & Office Accommodation

    • Total Internal Area Approximately 349m2 (3,756 sq ft)

    • Ground Floor Retail Fronted Showroom Currently Arranged with Office Accommodation Over

    • Substantial Purpose Built Stores at Lower Ground Floor Level (Ground Floor at Rear)

    • Scope for Full Commercial Occupation or Potentially Residential Conversion of Part

    Large, Extended Showroom Premises with Large Storage Extension & Office Accommodation. Total Internal Area Approximately 349m2 (3,756 sq ft).

    Lucius Street is a well established, edge of town centre shopping parade in Torquay, South Devon. Lucius Street has a vibrant mix of independent and national occupiers including retailers, financial service providers and catering outlets.

    Being located close to the main town centre of Torquay, the seafront and the principle arterial routes of the town, Lucius Street is a very convenient trading location.

    26 Lucius Street is a substantial commercial property, comprising extending ground floor showroom space, with first floor office accommodation and extensive purpose-built warehousing at lower ground floor. (Level access via roller doors from Scarborough Place to the rear of the property).

    The property is suitable for immediate retail showroom occupation or as an investment to be let for rental income.

    There is also scope to divide the constituent parts for either split occupation or for possible part residential conversion.

    Ground Floor

    145m2 (1,560 sq ft)

    Of mainly open modern showroom accommodation. Versatile and flexible space suitable for number of occupiers.

    First Floor

    3 Administration Offices

    With kitchen & WC facilities and balcony to the rear.

    Lower Ground Floor

    Purpose Built Stores & Warehousing

    Mainly open plan. Totalling 147m2 (1,582 sq ft).

    Accessed via manual roller door from Scarborough Place to the rear of the property.

    The accommodation is illustrated on the plan overleaf.

    Services

    We are informed that mains water and electricity are connected to the property.

    Business Rates

    2023 List: £13,500.

    Please note this is not Rates Payable. Eligible parties will be able to claim 50% Small Business Rates Relief. Interested parties are advised to contact the agents for further information on the rates payable amount.

    Tenure

    The property is being sold Freehold, with Vacant Possession.

    Legal Costs

    Each party are to bear their own legal costs incurred in any transaction.

    EPC Rating E

    Viewing

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

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