£120,000
Property for saleAlexandra Lane, Torquay TQ1
Freehold
About this property
Substantial Commercial Premises in Central Torquay
Workshop/ Light Commercial Premises Over Two Floors
Gross Internal Area Approx. 240m2 (2,584 sq ft)
Located in a Row of Commercial Occupiers – Close to Town Centre
Potential for Residential Development (Subject to Planning)
The property is located on Alexandera Lane, a commercial position close to the heart of Torquay.
The area benefits from excellent access to the town centre and surrounding arterial routes, making it a convenient location for a range of commercial occupiers.
This substantial two-storey workshop premises offers flexible accommodation suitable for a variety of uses including office, storage or light industrial.
The property is available with vacant possession and presents a rare opportunity to acquire a large commercial unit with potential for future redevelopment.
Ground Floor
Arranged as reception, glazed partitioned offices and store rooms.
Gross Width: 9.39 m
Gross Depth: 16.06 m
Gross Internal Area: 150m2 (1,615 sq ft)
First Floor
Arranged as open-plan office with store, kitchenette and WC facilities.
Gross Width: 9.45 m
Gross Depth: 9.51 m
Gross Internal Area: 90m2 (969 sq ft)
Total Gross Internal Area:
240m2 (2,584 sq ft)
Planning
The property is considered suitable for a range of commercial uses, currently falling within Use Class E. It may also offer potential for residential conversion, subject to obtaining the necessary planning consents.
Tenure
Freehold with vacant possession.
Price
An asking price of £120,000.
Business Rates
2023 List: £7,400.
Please note this is not the Rates Payable amount. Eligible parties will be able to claim 100% Small Business Rates Relief. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.
VAT
The property is not elected for VAT and therefore is not chargeable on rent.
Legal Costs
Each party will be responsible for their own legal costs unless expressly agreed otherwise.
EPC Rating E
Viewing
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
The area benefits from excellent access to the town centre and surrounding arterial routes, making it a convenient location for a range of commercial occupiers.
This substantial two-storey workshop premises offers flexible accommodation suitable for a variety of uses including office, storage or light industrial.
The property is available with vacant possession and presents a rare opportunity to acquire a large commercial unit with potential for future redevelopment.
Ground Floor
Arranged as reception, glazed partitioned offices and store rooms.
Gross Width: 9.39 m
Gross Depth: 16.06 m
Gross Internal Area: 150m2 (1,615 sq ft)
First Floor
Arranged as open-plan office with store, kitchenette and WC facilities.
Gross Width: 9.45 m
Gross Depth: 9.51 m
Gross Internal Area: 90m2 (969 sq ft)
Total Gross Internal Area:
240m2 (2,584 sq ft)
Planning
The property is considered suitable for a range of commercial uses, currently falling within Use Class E. It may also offer potential for residential conversion, subject to obtaining the necessary planning consents.
Tenure
Freehold with vacant possession.
Price
An asking price of £120,000.
Business Rates
2023 List: £7,400.
Please note this is not the Rates Payable amount. Eligible parties will be able to claim 100% Small Business Rates Relief. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.
VAT
The property is not elected for VAT and therefore is not chargeable on rent.
Legal Costs
Each party will be responsible for their own legal costs unless expressly agreed otherwise.
EPC Rating E
Viewing
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
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