Lucius Street, Torquay Freehold : £80,000

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Full Details

LOCATION
The property is located on Lucius Street which is situated between Belgrave Road and Torquay Town Centre. It is a busy trading area that benefits from high levels of foot flow and high volumes of traffic all year round. There is both on road parking and a nearby car park as well as numerous buses from Torquay, Newton Abbot and beyond that pass through Lucius Street allowing for it to be easily accessible to all.

DESCRIPTION
Retail Shop:
Main Retail Area 5.18m X 5.20m
Glazed and timber entrance door, large floor to ceiling windows to either side. Suspended ceiling, radiator.

Secondary Retail Area L shaped 4.05m X 7.31m
Approached via archway from main shop area, suspended ceiling, period fireplace. Cupboard with electric water boiler providing heating for the retail area. Private door.

Stairs to owners lower ground floor accommodation.

Lounge 3.98m x 4.56m
Period fireplace, radiator, window to rear.

Galley Kitchen 2.36m X 1.88m
Range of work surfaces with matching base and wall units, sink, cooker point, electric water heater. Private door to rear shared steps to road way.

Bathroom comprising white suite, hot water tank.

Room 1 3.60m x 2.48m Double room, radiator m (no natural light)

Room 2 3.44m X 1.84m Single room (no natural light) walk in store cupboard.

Externally
To the rear of the lower ground floor flat there are shared steps to road level.
The retails shop has the benefit of security roller shutters.

Agents notes
We understand the vendor is paying residential council tax for the lower ground floor accommodation of the property.

The freehold of the building is offered for sale which includes the maisonette above held on a 125 year lease as of 12th May 2017 with a ground rent of £150.00 per annum plus 50% of the maintenance required.

OUTGOINGS
Rateable Value as at 1st April 2017 £5,800

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.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred.

VIEWING
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060

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