Torquay

The property is located in Magdalene Road, an established commercial area in Torquay, close to the Town Centre. Its location is favoured by a number of independent service providers, car mechanics and other users requiring storage.  

Split into two units, the ground floor unit is a large open area with roller shutter access, making it possible to get a car inside. The first-floor unit consists of workshop, office and storage space.   

Both units are separately metered for electric and business rates. Water is shared with the unit next door and is on a sub meter.   

The property is versatile and could either be used as one unit for an occupier with storage underneath and lighter workshop/ office above, or the units could be let separately to generate a larger rental income.

GROUND FLOOR Gross Internal Area Approx. 78m² (839 sq ft).

WC

FIRST FLOOR

WORKSHOP Net Internal Area Approx. 55m² (592 sq ft).

STORE 12m² (129 sq ft).

STORE 2m² (22 sq ft).

OFFICE 10m² (108 sq ft).

WC

TENURE Freehold, being sold with vacant possession.

PRICE An asking price of £140,000.

BUSINESS RATES Unit 1: £5,900
Unit 1a: £5,300

Please note these are not the Rates Payable amount. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.

VAT The property is not elected for VAT and therefore is not chargeable on rent.

LEGAL COSTS Each party will be responsible for their own legal costs unless expressly agreed otherwise.

EPC RATING E

VIEWING Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.