Union Street, Torquay, Devon Freehold : £160,000

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Full Details

LOCATION
The property is located to the higher end of Union Street Torquay with direct pavement frontage and good levels of passing foot trade. The area has recently undergone improvement with direct road access to the main town centre.

DESCRIPTION
This freehold property has been formally run as an A3 Chinese Restaurant which is presently no longer trading. The property comprises split level dining area on the ground floor. Lower ground floor kitchen, outside store and small courtyard with access to service lane to rear.
First floor 2 bed owners’ accommodation with separate access. The building lends its self to multiple uses subject to planning consent.

ACCOMMODATION
The Property briefly comprises:

Ground Floor

Restaurant Area 1, 7.96m x 4.35m
Sizable main dining area with part exposed stone walls, meter cupboard and fuse board. Bar area with timber counter and shelves under, wet radiator. Connecting door to owners’ accommodation.

Restaurant Area 2, 4.39m x 3.57m
Secondary dining area with step access from dining area 1, window to rear radiator. Staircase to lower level kitchen, presently boarded over.

Customer W/C
Comprising low level W/C and wash basin.

Kitchen 3.79m x 4.75m
Accessed via internal stair case or separate access from rear. Kitchen area comprising tiled floor and wall surfaces, commercial extraction system.

Dry Store 4.65m x 3.00m
Walk in fridge unit and shelving.

Owners’ Accommodation
Separate entrance door from Union Street.

Entrance Hall
Connecting door to restaurant area, stairs rise to half landing.

Half landing.

Kitchen
L shaped with tiled wall surfaces, countertop with inset electric hob, sink, pluming for washing machine window to side.

Shower room
Shower cubicle with electric shower. W/C wash hand basin. Window to side. Store cupboard with gas boiler supplying hot water and heating for the owners’ accommodation.

First Floor

Lounge
Window to front, radiator.

Bedroom1.
Double room, window to front, radiator.

Bedroom 2.
Double room window to rear, radiator.

Externally
Outside store with gas boiler supplying heating and hot water for the restaurant.
Courtyard area and gate to service lane to rear.

SERVICES
We have not carried out any tests on the services and are therefore unable to comment on their condition or adequacy.

TERMS
Tenure
Freehold with vacant possession.

OUTGOINGS
Restaurant business rates presently stand at £7,000

First floor flat – Council tax band A

VAT
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

VIEWING
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060

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WAYCOTTS (DEVON) LIMITED Trading as WAYCOTTS

41 Houndiscombe Road, Plymouth, PL4 6EX

Company No. 08771510 Registered in England and Wales

VAT Registration Number: 196 9480 44