Torquay£165,000
On MarketBettesworths Commercial - 01803 2120214500
- Substantial Freehold in Town Centre Location
- Potential Mixed Residential/Commercial Conversion Opportunity (STP)
- Accommodation Over 4 Floors + Basement - Gross Internal Area Approx. 295m²
- Planning Permission Granted for Conversion of 1st and 2nd Floors to Two Flats
- Viewing Highly Recommended
A large freehold property in Torquay’s Town Centre, the property is arranged over 4 floors and is currently arranged as offices and storage. The property offers an exciting opportunity for a multi-unit, mixed use development (Subject to planning).
The 1st & 2nd floors have recently been granted planning for conversion into two, one bedroom flats. It is likely a portion of the retail accommodation will need to be retained but potential portions of ground and basement could also be converted into residential accommodation (subject to planning).
The property is in the vicinity of a few notable national retailers including Nationwide, McDonalds, Boots and Vision Express, and occupies a strong trading position on the busy side of Union Street.
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