Pearl Assurance House, 101 – 107 Union Street, Torquay, Devon, TQ1 3DW
Pearl Assurance House, 101 – 107 Union Street, Torquay, Devon, TQ1 3DW
Property Features
- Four shops (two vacant)
- Two floors of offices 476 sq m (5,134 sq ft) approx. GIA
- Prominent town centre building opposite Argos and McDonalds and adjacent to Union Square shopping precinct
- Upper part suitable for conversion to residential or other uses (STP)
- Freehold
Property Summary
Full Details
LOCATION
The premises are located in the established and popular Union Street shopping thoroughfare of Torquay in a prominent position opposite McDonalds and Argos and just along the street from the Union Square shopping precinct.
Torquay is located approximately 22 miles south of Exeter off the A380 trunk road within the borough of Torbay.
ACCOMMODATION:
Ground Floor:
101 – 107 Union Street comprising four lock up shops. (See attached schedule for sizes )
First Floor:
Offices: 238.46 sq m (2567 sq ft) GIA
Second Floor:
Offices: 238.46 sq m (2567 sq ft) GIA
SERVICES:
We understand that mains water, electricity, gas and drainage are either connected or available to the property.
PLANNING:
We understand planning permission exists for the retail uses of the ground floor and the upper parts permitted use is for offices. The owners have commissioned some plans to sub-divide the upper parts to convert to residential and to construct two further floors above.
Plans are available from the agent but Planning Permission does not yet exist for the change which will be the purchaser’s responsibility.
PROPOSITION:
The property is available for sale freehold with the benefit of the income from the two let ground floor retail units and with vacant possession of the remainder. A purchase price in excess of £495,000 plus VAT is sought.
VAT:
We understand VAT will be chargeable on the purchase price of this property.
EPC:
Energy Performance Certificates are available on the various parts of the property.
LEGAL COSTS:
Each party are to bear their own legal costs incurred in the transaction.
VIEWING AND FURTHER INFORMATION:
Strictly by prior appointment via sole agents:-
Pearl Assurance House, 101 – 107 Union Street, Torquay, Devon, TQ1 3DW
Property Features
- Four shops (two vacant)
- Two floors of offices 476 sq m (5,134 sq ft) approx. GIA
- Prominent town centre building opposite Argos and McDonalds and adjacent to Union Square shopping precinct
- Upper part suitable for conversion to residential or other uses (STP)
- Freehold
Property Summary
Full Details
LOCATION
The premises are located in the established and popular Union Street shopping thoroughfare of Torquay in a prominent position opposite McDonalds and Argos and just along the street from the Union Square shopping precinct.
Torquay is located approximately 22 miles south of Exeter off the A380 trunk road within the borough of Torbay.
ACCOMMODATION:
Ground Floor:
101 – 107 Union Street comprising four lock up shops. (See attached schedule for sizes )
First Floor:
Offices: 238.46 sq m (2567 sq ft) GIA
Second Floor:
Offices: 238.46 sq m (2567 sq ft) GIA
SERVICES:
We understand that mains water, electricity, gas and drainage are either connected or available to the property.
PLANNING:
We understand planning permission exists for the retail uses of the ground floor and the upper parts permitted use is for offices. The owners have commissioned some plans to sub-divide the upper parts to convert to residential and to construct two further floors above.
Plans are available from the agent but Planning Permission does not yet exist for the change which will be the purchaser’s responsibility.
PROPOSITION:
The property is available for sale freehold with the benefit of the income from the two let ground floor retail units and with vacant possession of the remainder. A purchase price in excess of £495,000 plus VAT is sought.
VAT:
We understand VAT will be chargeable on the purchase price of this property.
EPC:
Energy Performance Certificates are available on the various parts of the property.
LEGAL COSTS:
Each party are to bear their own legal costs incurred in the transaction.
VIEWING AND FURTHER INFORMATION:
Strictly by prior appointment via sole agents:-
