PaigntonGuide: £60,000 Plus + Fees
Under OfferBettesworths Commercial - 01803 2120214859
- FOR SALE BY PUBLIC AUCTION – CLIVE EMSON – 1ST MAY 2024
- Mixed Use Property/Residential Investment For Improvement
- Ground Floor Retail Area: 142.72m2 (1,536 sq ft)
- First Floor Flat Area: 51.58m2 (663 sq ft)
- Currently Part Let at £6,240 Per Annum (Residential AST, Commercial Vacant)
DESCRIPTION
A substantial mixed use two-storey end-terrace property in the busy Winner Street area of Paignton, which includes a range of retail amenities and residential provision. The ground floor is a double-fronted vacant retail unit, previously two shops, and the upper floor offers a spacious flat, which is currently let.
The building requires complete refurbishment and individuals may wish to consider a range of development schemes including sub-division or part conversion, subject to all necessary consents being obtainable.
- COMMERCIAL GROUND FLOOR
Substantial accommodation including retail space, ancillary office, storage and staff facilities.
- RESIDENTIAL FIRST FLOOR
Accessed via steps to the side of the building and across a roof top terrace. Doorway to hallway with walk-in store, living room, bedroom, box room, kitchen and bathroom.
- TENANCY
Let on an Assured Shorthold Tenancy at a current rental of £120 per week, payable fortnightly in advance.
- COUNCIL TAX BAND A
- EXTERIOR
From the side entrance there is a shared bin area and small storage for the shop. Large roof top area.
- AUCTIONEER'S NOTE 1
For information relating to the commercial element's rateable value and other available data, please visit www.gov.uk/correct-your-business-rates and enter the postcode for the property into the appropriate search fields.
https://www.cliveemson.co.uk/properties/249/90/
- ACTIONEER'S NOTE 2
We have been informed by the vendor that the retail area is 142.72 sq.m. (1,536 sq ft) and the first floor flat is 61.58 sq.m. (663 sq ft).
Further information will be within the legal documentation, available to download from Clive Emson website.
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