Overview
Description
Union Street is Torquay’s principal retail high street. This property is located at the higher end of the street that links the town centre with the residential areas of Torre and Upton. The location enjoys a steady footfall from shoppers, workers from many nearby offices and the Town Hall, as well as those using the route to town from nearby residential areas.
A freehold investment opportunity in Torquay Town Centre, the unit comprises of a ground floor commercial unit. The upper floors have been converted into residential accommodation with 3x flats sold on long leaseholds to the individual occupiers. The long leaseholders each pay an annual ground rent charge of £50 and are responsible for their share of the insurance and external maintenance.
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