Available

St Marychurch, Devon

Offers in Excess of £200,000 Freehold Ref: 4201
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St Marychurch is a picturesque and desirable suburb of Torquay, with fantastic amenities and easy access to the town centre. St Marychurch is a popular residential area, being close to some of Torquay's coves and coastline.

The immediate area known as St Marychurch precinct, is home to a range of independent and multiple, retailers, catering establishments, businesses and attractions (such as The Model Village and Bygones) and a variety of other small businesses. This is a close and thriving community, popular with residents and visitors alike.

The property comprises a two storey corner premises built in a Tudor style with decorative exposed timbers. The property is prominent and visible to traffic entering Fore Street and its striking design and appearance makes it stand out.

The ground floor of the property has been owner occupied and trading as ‘The House of Fables Bookshop’, under our vendor client’s ownership for many years. Our client is now selling due to retirement.

The ground floor retail unit is being sold with Vacant Possession and is self-contained.

At first floor level accessed independently from Fore Street, is a one bedroom apartment. The apartment is currently let on an Assured Shorthold Tenancy and will be sold, subject to this tenancy.

The property presents an opportunity for commercial owner occupiers to locate their business in this convenient, visible and desirable location.

Alternatively, investor purchasers may look to re-let the commercial premises in order to derive a healthy rental income in this popular business and residential location.

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