A Residential and Commercial Investment Part Let Producing £29,800 per annum

The property comprises a two storey end of terraced building currently arranged as a double fronted ground floor shop, extending to approximately 951 sq ft together with 4 x two bedroom flats, 1 x three bedroom flat and 1 x one bedroom flat arranged over ground and first floors.

Tenure

Freehold

Location

The property is situated on the north side of Old Mill Road towards its junction with Mallock Road/Rosery Road approximately 1 mile to the west of Torquay town centre. A number of shops and amenities are available along Old Mill Road itself with further shopping facilities, amenities and tourist attractions being available within the town centre. Rail services are available approximately 0.5 miles away at Torquay Station. The city of Exeter is accessible approximately 23 miles north. The M5 Motorway is accessible to the south of Exeter.

Accommodation

The ground floor retail premises, whilst not internally inspected by Auction House London, extend to approximately 88.3 SqM (951 SqFt) with a Retail Zone A of 53.4 SqM (898 SqFt), a Retail Zone B of 28.8 (310 SqFt) and a kitchen of 6.1SqM (66 SqFt) (all measurements taken from the Valuation Office website).

Viewing Details

Open House Viewings: Tuesday 5th September 14:00 - 14:30 Monday 11th September 16:00 - 16:30

Vendor Header

On the Instructions of:

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.