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St Marychurch, Torquay Freehold Retail Property with One-Bedroom Apartment for Sale

Torquay, Devon
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  • Status

    FOR SALE

  • Date Submitted:

    14/05/24

  • Advert ID

    611258

  • Reference

    2924 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £314,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Freehold Retail Property Located In St Marychurch, Torquay

Freehold Retail Property Located In St Marychurch, Torquay
Self Contained One Bedroom Apartment Above
Investment Opportunity
Vacant Possession
Ref 2924

Location
This prominent Freehold Retail Property is located on one of the main streets in the vibrant seaside town of Torquay. The town offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years. Especially in its commercial and residential infrastructure. Torquay is known as the English Riviera and is famous for its beautiful beaches.

Freehold Asking Price: £314,995

Business Description
Veritas Business Sales are delighted to offer for sale this Freehold Retail Property which is located in the very popular seaside town of Torquay on the English Riviera. The premises used to be a very popular café for many years and was purchased by our client one year ago when he has transformed the premises into an art studio. He is now offering the property for sale so that he can work towards a well deserved retirement.
Since ownership they have redecorated throughout, installed solar panels to the roof, boarded out the loft space and laid a new floor in the retail area. Dan Art Studio is owner operated, Dan himself paints and retails a range of paintings both portraits and landscapes. We are offering the property for sale with vacant possession. The purchaser can use the space themselves or the property can be tenanted and used as an Investment Property. This is a superb opportunity to purchase a well positioned Commercial Property with accommodation in an extremely vibrant part of the South-West and as such early viewing is highly recommended.

Opening Hours
Monday – Saturday – 9:30am – 4:00pm
Sunday – closed

Ground Floor
Retail area (10.2m x 5.2m) comprising: sales counter, electronic till, various shelves and bespoke display stands.
Kitchen area (3.9m x 3.6m) comprising: various stainless steel shelves, extraction canopy for the commercial kitchen, table and wash basin.
Storeroom 1 (2.0m x 2.9m) with various shelves and dual sink with drainer.
Storeroom 2 (4.9m x 1.7m) with stainless steel tables.
Basement
Storeroom (5.1m x 5.9m) with various shelves.
Storeroom (2.4m x 2.7m) with various shelves.

First Floor
Apartment
Lounge (3.7m x 5.5m).
Kitchen (4.2m x 2.2m) with floor and wall units.
Bathroom (3.0m x 3.3m) with shower, wash basin & W/C.
Bedroom (4.0m x 3.7m).

External
Rear courtyard

EPC Rating C

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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