Lucius Street, Torquay, Devon, TQ2

Location
A vacant lock up shop premises occupying a prominent central position in this popular busy secondary trading location close to the town centre which has previously traded as an off licence/general store and until recently as offices and store for an events business.

The property benefits from a floor to ceiling aluminium framed glass frontage incorporating a single pedestrian door leading into an open plan retail area with ancillary office, storage and WC to the rear.

Accommodation - Shop
Width approx. 5.39m (17' 8")
Depth approx. 9.55m (31' 3")
Ground Floor Sales 48.6m² (523 sq ft)

Office & Rear Storage Areas
42.57m² (458 sq ft)

Basement
81.8m² (880 sq ft)
W.C

Total 172.97m² (1861 sq ft)

Terms
Available on a new lease at a length to be agreed with an asking rent of £10,000 per annum.

Freehold Sale
The owner may consider the sale of the whole property which includes a self contained 3-bedroom maisonette currently let and producing £550pcm Guide Price £250,000.

Alternatively, the owner may consider a sale of a long ground lease of the shop and basement only at a peppercorn rent. Further details on request.

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

Rates
Rateable value £9,400 as at 1st April 2023 taken from Valuation Office Agency website.

EPC - D

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 by contacting Waycotts.