Freehold Property in St Marychurch Precinct

Torquay

£269,500 Freehold

A wonderfully located freehold business comprising of popular downstairs retail unit and 3/4 newly refurbished bedroom accommodation above coupled with spacious courtyard or parking. Situated within St Marychurch Precinct, being a more affluent part of Torquay and enjoying a perennially busy trade surrounded by a good range of complimentary traders and serviced by two large pay and display car parks.

LOCATION

St Marychurch Precinct is a pedestrian precinct within St Marychurch and which is deemed to be one of the more affluent areas of Torbay. The Precinct enjoys a perennially busy trade and Precinct News is the only newsagents within the precinct. St Marychurch is a 10 minute stroll to local beaches, sea view restaurants and the South West Coastal path. It is only a short driving distance to Teignmouth, Dawlish and Exeter and is only a short bus ride to Torquay Town Centre and harbour front.

BUSINESS

Precinct News has been owner operated by a husband and wife team for a number of years and has earned itself a fine reputation with visitors and locals alike.  The owners have organised the business to be easily managed and operates with a high gross profit and subsequent net profit and actual trading accounts will be made available following a successful formal viewing.  The current owners no longer offer a newspaper delivery service, however this could easily be reinstated to expand on the already impressive turnover figures

ACCOMMODATION

This is a traditional double fronted shop with a new awning.  Part glazed entrance door into:

MAIN RETAILING AREA

5.14m x 5.10m

Incorporating a range of confectionery racking, stationery racking, 3 greeting card stands, drinks chiller, rotary spinner, National Lottery terminal, clear edge news and magazine racking, ice cream freezer,2 electric wall and ceiling mounted fan heaters, serving counter incorporating glass display cabinet, electric cash register, ‘top up’ card machine and cigarette gantry to rear.

Doorway through to:

INNER HALLWAY

With side entrance and door leading through to:

KITCHEN / OFFICE AREA

3.43m x 3.34m

With a range of kitchen base units with inset single stainless steel sink & drainer, newly installed gas central heating & hot water boiler, space for table and chairs and window to rear.

Doorway into:

UTILITY ROOM

3.52m x 1.93m

With ample space for tumble dryer, washing machine and fridge freezer and with obscure glass door to rear courtyard / car park and staircase leading down to

LOWER GROUND FLOOR

STOREROOM

5.23m x 4.78m

With a comprehensive range of shelving for dry stores

FLAT

From Inner Hallway, turning staircase leading up to:

FIRST FLOOR LANDING

With doors leading off to:

BEDROOM 1 / KITCHENETTE

4.41m x 2.31m

This is currently used as a smaller kitchenette and benefits from a window to rear.

BEDROOM 2

3.24m x 3.10m

A lovely bedroom with window to rear

CLOAKROOM

Comprising of low level WC and obscure window to rear

BATHROOM

A newly fitted walk in double shower with vanity unit with fitted inset sink and obscure window to rear

AIRING CUPBOARD

1.46m x 1.08m

With shelving

BEDROOM 3

5.60m x 2.68m

A lovely large double bedroom with window to front.

LOUNGE

4.74m x 3.13m

A large space for a larger sofa group and ample space for table, chairs and window front.

BEDROOM 4

4.81m x 2.21m

A good sized single room with window to front.

OUTSIDE

There is parking spaces to the rear but currently this has been enclosed with a high quality contemporary fence to form a very private larger courtyard. His could be easily be dismantled to form parking again.

TRADING HOURS

MONDAY – SATURDAY     7.00 am to 4.00 pm

SUNDAY                                             7.00 am to 12 noon

SERVICES

Mains electricity, gas, water and drainage are all connected. However, no testing of these services have been undertaken by the Agents, Lake & Ware, Commercial

BUSINESS RATES

Please make your own enquiries with local authority for an up to date rates assessment. Visit the VOA website at www.voa.co.uk

TENURE

Freehold

VIEWINGS

All viewings and enquiries are to be made through the agents Ware Commercial.  TEL. 01803 328880 Email. info@warecommercial.com   www.warecommercial.com

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.