Investment Properties for sale in Torquay

View the "Freehold Investment & Development Opportunity-Serviced Offices" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Freehold Price: £315,000
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Business Description
Freehold Investment & Development Opportunity-Serviced Offices

Asking Price £315,000 Freehold
Development and Investment opportunity
Freehold
Income from existing tenants
Parking
Prime Trading Position
Passing traffic
Serviced offices
Accounts available upon request.

Overview
Situated on St Marychurch Road, Torquay, a prime trading
position benefiting from both main road vehicle access
and pedestrian passing trade. This freehold development
and investment opportunity has been sub divided into
smaller serviced offices and suites,, generating a gross
income in excess of £30,000 per annum from established
tenants with little input from the existing owner.

Situation and Description
Successfully owned for many years the property consists
of 137 and 139 St Marychurch Road, Torquay having been
sub divided into smaller offices and suites which are fully
occupied by 5 different tenants, providing a gross income
in excess of £30,000. Ideally suited for re-development to
the 1st and 2nd floor and also to the rear, and valued
parking space available. St Marychurch Road is made up of
independent traders with a mixture of shops, public
houses and main town centre link bus routes.

Accomodation
Made up of 2 properties 137 and 139 St Marychurch Road.
The 1st floor of both properties are accessed deliberately
by 1 staircase. This maximises the retailing area to the
ground floor. There is also access to the car park.

Services
Mains gas, electric, water and drainage are all connected.
No testing of these services has been undertaken by Winfields Commercial.

Business Rates
Rateable Value: £14,750
Rates Payable: Approximately £7,080.00 per annum for the 2016/17 financial year.

Viewings
All viewings by prior appointment through Winfields
Commercial - Sole Agents.

Trading Accounts
Full trading accounts will be made available upon successful viewing.

Tenure
Freehold
Tenure: Freehold

Location Details:

137-139 St. Marychurch Road
Torquay
Devon
TQ1 3HW

Downloadable Documents

Listed by: Winfields Estate Agents Ltd
Find out more about this business for sale opportunity by submitting the form below.
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stmarychurchinvestment
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