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A0835 - Investment/Development Opportunity

Pearl Assurance House, 101 - 107 Union Street, Torquay, TQ1 3DW
For Sale
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 Description

• 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

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.

The property comprises a purpose built three storey shop and office block of largely brick construction under a flat roof. The shops have plate glass windows and each have WCs located internally to the rear. There is a separate entrance to the offices within the upper parts with lift, WCs and further rear escape onto Castle Road.

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.

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Floor Area From (sq m) :  12168.00

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