For SaleHouse in South Street Torrington£225,000
Property Type
House
Tenure
Freehold
Price
£225,000
Key Features
- Town centre position
- Very large commercial property
- Internal viewing essential
Resources
Description
LOCATION
Opposite the Torrington branch of Webbers Estate Agents in the heart of the town, just a few yards from the Pannier Market and town hall the premises are well placed for passing trade.
Nearby is South Street car park where the owner of this property can apply for a residents parking permit which is available from the Torridge District Council.
Torrington is a thriving market town, standing high above the River Torridge.
Every year the town has a popular May Day celebration. The town is approximately 11 miles from Barnstaple and 7 miles from Bideford.
It is well known as the centre for Dartington Crystal glass manufacturing and the nearby gardens at Rosemoor, both major tourist attractions.
THE PREMISES
The property must be viewed internally to appreciate the size and extent of the accommodation, which is arranged over three floors.
The ground floor area provides approximately 617 sq ft of space.
To the rear of the property is a further retail area with a large kitchen.
The upper floors provide a lounge, kitchen/diner, 5 bedrooms (3 en-suite) with further bathroom and shower room.
The premises are in need of work and modernisation throughout.
Would be ideal for a variety of uses, subject to any necessary planning consent.
SERVICES AND UTILITIES
All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
BUSINESS RATES
£7,600 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.
Town centre commercial property. With spacious retail/restaurant area, kitchen and private 5 bedroom accommodation above. EPC Rating D.