£200,000
Property for saleUnion Street, Torquay TQ1
Freehold
About this property
Large Freehold Town Centre Premises
Ground Floor Approximately 120m2 (1,291 sq ft)
First & Second Floors Approximately 212m2 (2,282 sq ft)
Strong Development Potential of Uppers (Subject to Planning)
Ground Floor Retail Well Presented – All Available with Vacant Possession
Large Freehold Town Centre Premises. Strong Development Potential of Uppers (Subject to Planning).
Located in the centre of Torquay and part of Torquay’s main high street. The upper section of Union Street is becoming a service focussed area, with notable occupiers including Merlin Cinemas, Vision Express and Halifax. The nearby Union Square shopping centre is currently the centre of a large development proposal run by Torbay Council, which will see the creation of a mixed-use retail, health centre and residential development with associated public spaces.
87 Union Street comprises a ground floor retail unit, with first and second floor ancillary space. The retail unit is well presented and by itself would offer a good-sized retail offering.
The first and second floors offer excellent opportunity for residential development, subject to planning. The gross combined areas for these two upper floors is 212m² (2,282 sq ft) offering the opportunity to create multiple units within the space. Access to the uppers is currently through the shop and via an external right of way to the rear of the property via Castle Street.
Ground Floor (22' 0'' x 55' 1'' (6.70m x 16.80m))
Approx. 120m2 (1,291 sq ft).
First Floor
Approx. 121m2 (1,302 sq ft).
Second Floor
Approx. 91m2 (980 sq ft).
Tenure
Freehold with Vacant Possession.
Business Rates
2023 List: £27,050.
Please note this is not Rates Payable. Interested parties are advised to contact the Agents for indication as to possible Rates Payable.
VAT
VAT is payable on the purchase price.
Legal Costs
Each party are to bear their own proper legal costs incurred in any transaction.
Viewing
Viewing is highly recommended and can be arranged by prior appointment with the Sole Agents, Bettesworths.
EPC Rating C
Located in the centre of Torquay and part of Torquay’s main high street. The upper section of Union Street is becoming a service focussed area, with notable occupiers including Merlin Cinemas, Vision Express and Halifax. The nearby Union Square shopping centre is currently the centre of a large development proposal run by Torbay Council, which will see the creation of a mixed-use retail, health centre and residential development with associated public spaces.
87 Union Street comprises a ground floor retail unit, with first and second floor ancillary space. The retail unit is well presented and by itself would offer a good-sized retail offering.
The first and second floors offer excellent opportunity for residential development, subject to planning. The gross combined areas for these two upper floors is 212m² (2,282 sq ft) offering the opportunity to create multiple units within the space. Access to the uppers is currently through the shop and via an external right of way to the rear of the property via Castle Street.
Ground Floor (22' 0'' x 55' 1'' (6.70m x 16.80m))
Approx. 120m2 (1,291 sq ft).
First Floor
Approx. 121m2 (1,302 sq ft).
Second Floor
Approx. 91m2 (980 sq ft).
Tenure
Freehold with Vacant Possession.
Business Rates
2023 List: £27,050.
Please note this is not Rates Payable. Interested parties are advised to contact the Agents for indication as to possible Rates Payable.
VAT
VAT is payable on the purchase price.
Legal Costs
Each party are to bear their own proper legal costs incurred in any transaction.
Viewing
Viewing is highly recommended and can be arranged by prior appointment with the Sole Agents, Bettesworths.
EPC Rating C
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