House For Sale £175,000
St Marychurch, Torquay

An opportunity to purchase a FREEHOLD INVESTMENT COMPRISING A COMMERCIAL GROUND FLOOR SHOP with RESIDENTIAL FLAT ABOVE and private garden. Set at the top of the pedestrianised shopping precinct with an attractive view and backdrop of the Catholic Church, the property requires comprehensive modernisation, presenting scope for those seeking a versatile property to accommodate a home and business, or pure investment.

St Marychurch has retained a vibrant village ambiance with strong demand for both commercial and residential property. The precinct and direct area offers comprehensive amenities from wide range of shopping, cafe's, pubs and eateries to selection of Churches and medical centres. Torquay's Golf Club and access onto the scenic South Devon Coast Paths are also both found on nearby Petitor Road.

SELLER'S INSIGHT

"The property has been in our family since the mid-1960s, having been a home, personal business, and investment over the years. St Marychurch has always been a popular place to live and work, retaining a sense of community spirit. Things have changed somewhat since I was a young lad or started trading, and still remember the days the traffic ran through as it was always a tight fit when two buses passed! I know the old place needs a lot of work now, and hope new owners can retain the character whilst bringing the property up to a modern standard to benefit for years to come."

THE FLAT - 58A

Access from Fore Street with brick pavioured path leads to a STORM PORCH with panelled entrance door opening to the RECEPTION HALL. Turned staircase rising to the FIRST FLOOR LANDING with window over the stairway providing ample natural light. Storage cupboards and loft access hatch. SITTING/DINING ROOM with window overlooking the shopping precinct, and exposed stone fireplace. The KITCHEN/BREAKFAST ROOM enjoys a pleasant view to the rear over the private garden taking in the Catholic Church spire, and further obscure glazed window to the side. BATHROOM with primrose yellow suite of bath, basin and WC. Britony II gas fired boiler (not checked) and obscure glazed window. There are 3 BEDROOMS, two fronting Fore Street and one facing the rear with a view toward the Church spire.

THE SHOP - 58

Prominent shop front, slightly recessed for external display space with central door and twin windows. Steps lead to a rear store with potential to create a compact kitchen/staff welfare facilities. Further store beyond, with potential to create an internal toilet/cloakroom as the shop currently uses the outside toilet to the rear of the building.

STEP OUTSIDE

Outside WC which we understand is used by the ground floor shop. The private garden enjoys a bright south westerly orientation, fully enclosed with walled and fenced boundaries and the backdrop of the Catholic Church of Our Lady Help of Christians & St Denis.

ADDITIONAL INFORMATION

GENERAL. The residential flat is vacant. The shop currently has an established tenant with no formal lease agreement. We understand the current tenant would like to remain, subject to mutual new terms being agreed. COUNCIL TAX BAND - B (Flat) RATEABLE VALUE (1 April 2023 to present) £6,800. This is the rateable value for the property, and is not what you pay in business rates or rent. Torbay Council will use the rateable value to calculate the business rates bill. Small Business Rate Relief available to qualifying small businesses. All enquiries to Torbay Council.

OUR AREA

St Marychurch is one of Torquay’s most desirable districts, with its bustling ‘village’ ambience where a host of shops, cafes and restaurants can be found. The famous Model Village and the stunning Babbacombe Downs with funicular railway taking passengers to and from the shingle beaches of Oddicombe and Babbacombe are also close at hand. Torquay is nestled on the warm South Devon coast being one of three towns along with Paignton and Brixham which form the natural east facing harbour of Torbay, sheltered from the English Channel. Torbay's wide selection of stunning beaches, picturesque coastline, mild climate and recreational facilities reinforce why it has rightfully earned the renowned nickname of the English Riviera.

TORQUAY IS WELL CONNECTED

By Train: Torquay Train Station has some direct lines to London Paddington and Birmingham and is just one stop from the main line Newton Abbot. By Air: Exeter Airport provides both UK and international flights. By Sea: Torquay Marina provides a safe haven for boats in all weathers, sheltered from the prevailing south-westerly winds. Regional Cities of Exeter & Plymouth approximately 22 miles and 32 miles respectively. Magnificent Dartmoor National park approximately 12 miles.