£240,000

Property for sale

  1.  Photo 4
  2.  Photo 1
  3.  Photo 7
Freehold

£240,000

Property for sale

St. Marychurch Road, Torquay TQ1

Local area information

Property location

Nearby amenities

  • The Spires College 0.2 miles
  • Homelands Primary School 0.3 miles
  • Torre 0.9 miles
  • Torquay - North Quay 1.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Mixed Use Retail & Residential Investment
  • Much Sought After, Busy Roadside Location - Directly Opposite Lidl Supermarket
  • Generous Size Two Bedroom Apartment - Letting Agreed at £750 pm
  • Retail Unit Let to an Established Tenant Trading as a Ladies & Gents Hairdressers
  • Current Rental Income £19,200 Per Annum - With Scope for Rental Growth
The property is located on St Marychurch Road, in the Plaimoor area of Torquay. Plainmoor is a densley populated residential area and the shops, cafes, takeaways and other businesses of St Marychurch Road provide a wide range of amenities to the surrounding population.

St Marychurch Road is also a main thoroughfare road linking Torquay town centre with Babbacombe, St Marychurch and Watcombe areas of Torquay.

Nearby occupiers include pubs, several takeaways, convenience store, pharmacy and other independent retailers. The property is situated directly opposite the very busy Lidl Supermarket.

The property is a mid terrace, mixed use property. The ground floor comprises a retail shop arranged as a salon. The residential accommodation over (access from the rear) is independent and comprises a large two bedroom flat, accessed from Fourtune Way to the rear.

Retail Unit

Shop Frontage (19' 0'' x 29' 10'' (5.8m x max depth 9.1m))

With kitchenette & WC.

Net Internal Area

Approximately 55m2 (592 sq ft).

121A St Marychurch Road

Access from Fourtune Way at the rear.

Stairs and inner hall leads to:-

Landing

With storage cupboard.

Lounge (12' 9'' x 14' 11'' (3.89m x 4.55m))

Connected Kitchen (12' 1'' x 5' 0'' (3.68m x 1.53m))

Bedroom 1 (12' 3'' x 5' 10'' (3.73m x 1.78m))

Bedroom 2 (11' 9'' x 9' 2'' (3.58m x 2.80m))

Bathroom

With bath and shower over, WC and wash hand basin.

Tenure

The property is being sold Freehold, subject to the commercial lease and the residential Assured Shorthold Tenancy.

Commercial Lease

The retail unit is Let on a commercial Lease for a term of 6 years from 2023.

The passing rent is £10,200 per annum.

121A St Marychurch Road

Will be occupied under an Assured Shorthold Tenancy at £750 per calendar month.

Legal Costs

Each party are to bear their own costs incurred in any transaction.

Viewing

Viewing is strictly by prior appointment with the Sole Agents, Bettesworths.

All interested parties are politely requested to respect the tenants' quiet enjoyment of the property.

EPC Ratings

121 St Marychurch Road - C.
121A St Marychurch Road - E.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Bettesworths Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bettesworths Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Devon
  4. Torquay
  5. St. Marychurch Road

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.