The property is situated on The Terrace in the centre of Torquay, close to the junction with the pedestrianised shopping high street, Fleet Street. The Terrace, with its elegant period buildings, has long been Torquay's most established and prestigious office location and remains home to many of the town’s professional occupiers.
In recent years, there have also been successful residential conversions to several of the nearby properties. As well as being an excellent place to work, The Terrace has proven a desirable place to live.
The location is most convenient for access to all the amenities of Torquay town centre, as well as being only yards from the picturesque and thriving harbourside and seafront areas.
24-28 The Terrace comprises the end of a Grade II Listed terrace of period office buildings, currently occupied by Wollens Solicitors. The property has the advantage of being prominent and visible to Fleet Street and pedestrians approaching from the town centre, giving occupiers an excellent branding and visibility opportunity.
Arranged over three floors with three points of access, the property lends itself to either continued office use or has (subject to necessary planning consents) the potential to be converted to residential use.
It is expected that the property will be of interest to owner occupier office users, speculative investors buying to let and also to developers for conversion. The property is very suitable as a pension investment.
NOTE: Bettesworths are also marketing numbers 30, 32 & 34 The Terrace (the continuation of the same terrace) and a purchase of this property could be combined with a purchase of all or any combination of these other properties.
The property is being sold due to relocation and expansion of Wollens into the nearby Torwood Street Development - which comprises a Hilton Hotel, two floors of offices and four leisure/commercial units at ground floor level.