FOR SALE: Offers in Excess of £500000 as a whole

Of interest to Investors, Developers and Owner Occupiers
2 & 4 Fore Street, St Marychurch, Torquay, TQ1 4NE
FOR SALE: Offers in Excess of £500,000 as a whole—may divide
Current Layout
These current layout plans are reproduced for identification purposes only and are not to scale.
The red line indicates the actual division between 2 & 4 Fore Street.
The White House, 42/44 The Terrace, Torquay, Devon, TQ1 1DE
T: 01803 403060
E: [email protected]
www.waycotts.co.uk
Proposed Layout
Plans are of an indicative scheme submitted for pre application purposes and are for identification purposes only and are not to scale.
Agents Note: Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers
are advised to recheck the measurements before committing to any expense. Floor plans are not to scale. Internal photographs are reproduced for general information and it must not be inferred that any item shown is included in the property. The photographs may only represent part of the property and as
they appeared at the time of being taken. No guarantee can be given as to the working condition of the various services and appliances. The agent has not tested any apparatus, equipment, fixtures or fittings or services and it is in the buyer’s interests to check the working condition of any appliances.
2 and 4 Fore Street, St Marychurch, TQ1 4NE
Substantial and important Retail and Residential development opportunity subject to consent available as a whole or in part.
Location
The property is located on the busy corner
of Fore Street and Manor Road in the
centre of the busy neighbourhood shopping
centre of St Marychurch in northern
Torquay. This is a popular centre with TSB
and Barclays banks represented as well as
Sainsbury's Local store, Co-op supermarket
and other national and local retailers.
hall on the ground floor, with WCs and
offices on the upper floors. NB part of the
banking hall is within the demise of No. 2.
At the rear there is off street parking for
three cars accessed from a shared private
rear alleyway.
Rear:
Car parking for 2/3 cars
Services
We understand that all mains services are
available.
Accommodation
Number 2 as arranged:
Ground floor shop unit: 747sqft ,Rear Store
Description
55sqft,Rear Office: 148sqft,Within No 4
The property is linked at ground floor level sales 255sq ft rear office 148 sq ft 1st and
2nd Floor: Residential apartment
by virtue of occupation by the previous
comprising of a Lounge, Kitchen, three
Tenant of No 4 Nat West. Number 2 is
situated on the corner and comprises of a Bedrooms and Bathroom/WC . Pedestrian
dual frontage ground floor shop area and a rear access only
3-bedroom apartment covering the first
Number 4 briefly comprises of ,excluding
floor and roof space levels. Number 4 is
that part within No 2:
adjacent and comprises of a large banking
Ground floor -shop unit: 709sqft,Rear
The White House, 42/44 The Terrace, Torquay, Devon, TQ1 1DE
Office: 198sqft,Store Area: 371sqft,First
Floor: 615sqft,Second Floor: 410sqft
Business Rates
No 2: RV: £10,000 CT band B
No 4 : £21,750
Lease
2 Fore street is let on 3 year , contracted
out lease from 1st June 2016 to John Lake
Lettings at a concessionary rent of
£6,000pa subject to a mutual break clause
on or after 31st March 2017.
T: 01803 403060
Planning
We understand that all the ground floor
accommodation has the benefit of an A2
financial service consent with the upper
floors over 2 being residential and over 4
ancillary offices and stores.
A planning preapplication for the scheme
shown was submitted and details are
available of the favourable response from
the planners.
Viewings and further information:
Alice Lang BSc (Hons) or
Nick Wheeldon MRICS
WAYCOTTS
01803 403060
[email protected]
E: [email protected]
www.waycotts.co.uk
2 Fore Street
4 Fore Street