Sold prior to auction, for an undisclosed amount

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A well presented freehold mixed use building comprising ground floor office (vacant) with a self contained 1 bedroom flat above (let producing £6120 pa). Development potential.

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Description/Location

The property comprises a 1 bedroom first floor flat let at £510 p.c.m and ground floor office previously let at £4,800 per annum. The property is located in the popular Belgrave Road area in the sought after tourist resort of Torbay and a short distance from the seafront. Potential for conversion of the ground floor to residential subject to planning.

Tenure

Freehold

Local Authority

Torbay Council01803 201201www.torbay.gov.uk

Viewing

Please contact Charles Darrow Network Auctions on 01626 330022

Accommodation

Ground floor: Well presented office with fitted kitchen, w.c. and shower cubicle (355 sq.ft. - source EPC) First floor: Living room with open plan kitchen, bedroom with shower cubicle, separate w.c. (441 sq.ft - source EPC) Outside: Courtyard

Rent

Current rent £6,120 per annum Potential rent £11,920 per annum

Virtual Tour

Virtual Tour 67 Belgrave Road shop
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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.