Property photos
Freehold
£120,000
Light industrial for sale
Magdalene Road, Torquay TQ1Local area information
Property location
Nearby amenities
- Upton St James CofE Primary School 0.3 miles
- EF Academy Torbay 0.4 miles
- Torre 0.4 miles
- Torquay 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Torquay to find out more about the local area.
Features and description
- Freehold
- Freehold Workshops/Storage Close to Town Centre
- Two Units with Independent Access and Utilities
- Gross Internal Area Approximately 156m2 (1,679 sq ft)
- Roller Shutter Access into Ground Floor Unit
- Viewing Highly Recommended
Freehold Workshops/ Storage Close to Town Centre. Two Units with Independent Access and Utilities.
The property is located in Magdalene Road, an established commercial area in Torquay, close to the Town Centre. Its location is favoured by a number of independent service providers, car mechanics and other users requiring storage.
Split into two units, the ground floor unit is a large open area with roller shutter access, making it possible to get a car inside. The first-floor unit consists of workshop, office and storage space.
Both units are separately metered for electric and business rates. Water is shared with the unit next door and is on a sub meter.
The property is versatile and could either be used as one unit for an occupier with storage underneath and lighter workshop/ office above, or the units could be let separately to generate a larger rental income.
Ground Floor
Gross Internal Area Approx. 78m2 (839 sq ft).
WC
First Floor
Workshop
Net Internal Area Approx. 55m2 (592 sq ft).
Store
12m2 (129 sq ft).
Store
2m2 (22 sq ft).
Office
10m2 (108 sq ft).
WC
Tenure
Freehold, being sold with vacant possession.
Price
An asking price of £140,000.
Business Rates
Unit 1: £5,900
Unit 1a: £5,300
Please note these are not the Rates Payable amount. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.
VAT
The property is not elected for VAT and therefore is not chargeable on rent.
Legal Costs
Each party will be responsible for their own legal costs unless expressly agreed otherwise.
EPC Rating E
Viewing
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
The property is located in Magdalene Road, an established commercial area in Torquay, close to the Town Centre. Its location is favoured by a number of independent service providers, car mechanics and other users requiring storage.
Split into two units, the ground floor unit is a large open area with roller shutter access, making it possible to get a car inside. The first-floor unit consists of workshop, office and storage space.
Both units are separately metered for electric and business rates. Water is shared with the unit next door and is on a sub meter.
The property is versatile and could either be used as one unit for an occupier with storage underneath and lighter workshop/ office above, or the units could be let separately to generate a larger rental income.
Ground Floor
Gross Internal Area Approx. 78m2 (839 sq ft).
WC
First Floor
Workshop
Net Internal Area Approx. 55m2 (592 sq ft).
Store
12m2 (129 sq ft).
Store
2m2 (22 sq ft).
Office
10m2 (108 sq ft).
WC
Tenure
Freehold, being sold with vacant possession.
Price
An asking price of £140,000.
Business Rates
Unit 1: £5,900
Unit 1a: £5,300
Please note these are not the Rates Payable amount. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.
VAT
The property is not elected for VAT and therefore is not chargeable on rent.
Legal Costs
Each party will be responsible for their own legal costs unless expressly agreed otherwise.
EPC Rating E
Viewing
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
More information
Listed by
Bettesworths Commercial
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