£135,000
Property for saleTorbay Road, Paignton TQ4
Freehold
About this property
Freehold Investment in Prime Location
Recently Let on 5 Year Term From 2024
Accommodation Across Ground Floor & Basement
Rent £12,250 Per Annum
Highly Recommended for Investor & Owner Operators
Freehold Investment in Prime Location Recently Let on a 5 Year Term from 2024. Rent £12,250 Per Annum.
Situated on Torbay Road, which connects Paignton town centre to the seafront, the commercial unit enjoys the best of both Paignton's busy retail centre and the more tourist focussed area of town.
Torbay Road is an excellent year round trading location, particularly during the very busy summer months. The area attracts high volumes of tourists from nearby hotels and family attractions and is popular with locals throughout the year. Torbay Road offers an exciting and vibrant range of products and services, varying from fashion, food & drink and gifts.
14 Torbay Road is a commercial unit let on an Fri lease with X years unexpired at a rent of £12,250 per annum. The unit has traded successful for over 13 years as a café and has been arranged for such usage; with 30 covers internally, a service counter, kitchen, storeroom, customer toilets and basement storage.
Ground Floor Cafe
Gia Approx. 45m2 (484 sq ft).
Basement
Gia Approx. 95m2 (1,022 sq ft).
General Information
Rateable Value
2023 List: £8,100.
Please note this is not Rates Payable. The tenant is responsible for all Rates Payable.
Services
The premises is connected to mains electricity, water and drainage and fitted with a burglar alarm and L2 Zoned fire alarm.
EPC Awaited
Viewing
Viewing is strictly by prior appointment with the Sole Agents, Bettesworths.
Interested parties are asked to be mindful and conscientious of the tenant’s ongoing business, which is unaffected by this sale.
Situated on Torbay Road, which connects Paignton town centre to the seafront, the commercial unit enjoys the best of both Paignton's busy retail centre and the more tourist focussed area of town.
Torbay Road is an excellent year round trading location, particularly during the very busy summer months. The area attracts high volumes of tourists from nearby hotels and family attractions and is popular with locals throughout the year. Torbay Road offers an exciting and vibrant range of products and services, varying from fashion, food & drink and gifts.
14 Torbay Road is a commercial unit let on an Fri lease with X years unexpired at a rent of £12,250 per annum. The unit has traded successful for over 13 years as a café and has been arranged for such usage; with 30 covers internally, a service counter, kitchen, storeroom, customer toilets and basement storage.
Ground Floor Cafe
Gia Approx. 45m2 (484 sq ft).
Basement
Gia Approx. 95m2 (1,022 sq ft).
General Information
Rateable Value
2023 List: £8,100.
Please note this is not Rates Payable. The tenant is responsible for all Rates Payable.
Services
The premises is connected to mains electricity, water and drainage and fitted with a burglar alarm and L2 Zoned fire alarm.
EPC Awaited
Viewing
Viewing is strictly by prior appointment with the Sole Agents, Bettesworths.
Interested parties are asked to be mindful and conscientious of the tenant’s ongoing business, which is unaffected by this sale.
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Monthly repayment
£675 per month
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