Retail Space for sale in Torquay

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Well Established Freehold Business in St Marychurch

Torquay, Torbay, England

  • Freehold Price: £580,000
Seller Reference: BAZAAR3699
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: BAZAAR3699
Request Details
Business Description
An opportunity to acquire a well-established business freehold in a prime location in the very heart of St Marychurch Precinct, Torquay, Devon. Benefitting from ease of operation, profitable and with substantial 6 bedroomed owners’ self-contained accommodation. Alternatively, owners’ accommodation could be subdivided into three individual apartments. This profitable owner operated business utilises part time assistance when required and trades during day time hours only. This is the first time that it has been placed on the open market for several decades. It’s an opportunity not to be missed and early viewings are highly recommended....

LOCATION

Precinct Bazaar is located in a prime location within St Marychurch Precinct. This unit occupies a prominent/strong trading location and benefits from a fine reputation with good repeat custom. This area forms part of a mixed parade of shops fronting the busy Fore Street, together with convenient parking places immediately within the locality. The area also takes advantage of easy access to many main arterial roads linking all parts of Devon with Torquay town centre 5 min away and the Cathedral city of Exeter with its international airport also nearby.

BUSINESS

The business has been successfully owner operated with part time assistance and only now after many years is being placed on to the open market due to retirement. The Precinct enjoys a high pedestrian footfall and has seen the sliding retail demand reversed. This business provides a vast array of DIY, haberdashery, batteries, torches, wool, kitchen implements, cleaning products, key cutting facility and everything else you could ever imagine which has been carefully chosen from an enviable contact and wholesale list which spans across the country. Because of the wide product display, low prices and high service, our clients enjoy an impressive turnover and subsequent profit. Above the business there is substantial accommodation on offer which could simply be developed to provide three good sized apartments. Also, the ground floor shop is made up of two interconnecting retail units which could easily be subdivided and rented individually. Actual trading accounts will be made available following a formal viewing.

ACCOMMODATION

Entrance over a pedestrianised Precinct walkway through double doors to:

MAIN RETAIL AREA

This area is made up of two retail units which have been opened up to one large open plan area.

RETAIL AREA 1

11.13m x 7.34m

This area comprises of 3 x large island units together with an array of wall and floor displays. To one corner is a comprehensive key cutting service with machines, stock and large windows to front flooding the whole shop with much natural daylight.

RECESSED AREA

7.46m x 4.42m

Additional to this there is recessed area with an additional 2 x island units and wall mounted shelving displaying a vast array of products.

CENTRAL TILL UNIT

Situated between the two main retailing areas is a central till area which benefits from two individual till stations and two counters which have storage for bags and general admin products. It is extremely handy having the two stations when its gets busy in the shop.

RETAIL AREA 2

7.89m x 6.62m

Another large retailing area which benefits from 3 x large product island display units with an extensive array of wall mounted shelving. To the front the windows have been blocked up to make way for additional display.

Archway to

STORE 1

2.86m x 2.43m

STORE 2

5.88m x 2.64m (irregular shape)

Door to rear

STORE 3

5.19m x 2.58m

OFFICE

2.04m x 2.50m

STORE 4

3.40m x 2.65m

UTILTY AREA

CLOAKROOM

With low level WC and with separate wash hand basin

Door to outside with steps to roof terrace.

REAR STORAGE SHED

3.66m x 2.12m

Steps to

FIRST FLOOR

STORE 5

8.15m x 2.43m

Archway to

STORE 6

5.44m x 2.69m

With two windows to side and door connecting a roof terrace

OWNERS ACCOMMODATION

With a large hallway landing which interconnects the business and owners accommodation which has been adapted to accommodate several generations of the same family.

Door to

LOUNGE

6.75m x 7.26m

A very large room with an ornate fire place and 2 large windows to front.

INNER HALLWAY

With doors to:

DINING ROOM/BEDROOM 2

3.50m x 2.34m

With a window to front

KITCHEN

2.46m x 2.90m

A recently fitted modern kitchen with gas 4 ring hob with electric oven under, double sink unit and window to rear

BEDROOM 1

3.26m x 3.97m

With a window to front

BATHROOM

With a Corner Jacuzzi bath, shower cubicle, low level WC and wash hand basin

BUILT IN CUPBOARD

From main hallway glazed door into:

LIVING AREA 2

This area could be divided to create a separate flat

BATHROOM

With a corner bath, shower cubicle, low level WC and wash hand basin

LARGE INNER HALLWAY

With stairs to second floor and doors to:

UNDER STAIRS STORAGE CUPBOARD

BEDROOM 1

3.39m x 4.80m

With a window to front

BEDROOM 2

4.61m x 3.50m

Large window to front and cupboard housing central heating boiler

BEDROOM 3

3.75m x 3.35m

With window to side

Staircase to

SECOND FLOOR

Again this could be easily divided to create a separate flat

Door to roof terrace

BEDROOM 1

5.38m x 2.54m

With a window to front

Door to

ROOM 1

4.5m x 3.00m

Irregular Shape and height

With a Velux window

Door to

ROOM 2

4.51m x 4.16m

With a doorway to outside fire escape staircase which leads to a side door

SHOWER ROOM

With shower cubicle, low level WC and wash hand basin

HALLWAY

With built in storage cupboard, walk-in wardrobe and door to

BEDROOM

4.31m x 2.83m

With a built-in storage cupboard and window to side

OUTSIDE

In the middle of the property is a large terrace which could be easily transformed for owner’s enjoyment and to the side of the property is a smaller side road which benefits from two doors. One leads to the business stores on the ground floor and the second to a staircase leading up to owners accommodation.

The frontage of the business is extremely wide which allows for many products to be displayed.

SERVICES

The property benefits from the following: electricity, gas, water supply, sewage, broadband and telephone which, are all connected. None of these services have been tested by the agents Ware Commercial

RATEABLE VALUE

Please make your own enquiries on the local Valuation Office Agency, telephone 03000500246 or on the Valuation Website (VOA) at www.voa.gov.uk (our clients enjoy nil business rates)

TENURE

Freehold

VIEWINGS

All viewings are to be conducted strictly by appointment via the agents Ware Commercial

Contact:

Tel.: 01803 328880,

Email: info@warecommercial.com

Via website: www.warecommercial.com
Listed by:
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