Guide price
£1,125,000
(£69.21/sq. ft)
Retail premises for saleVaughan Parade / Palk Street, Torquay TQ2
14,118 sq. ft
Added on
About this property
Overlooks Torquay Harbour and Marina
No retail vacancies
Scope to increase the rents via leasing of the vacant offices
Current income of £117,900 pax, scope to increase further
The property is situated in the borough of Torbay, in the county of Devon. It lies approximately 18 miles south of
Exeter and 28 miles east-north-east of Plymouth. Torquay is the principal commercial and tourism centre of the
English Riviera, attracting millions of visitors each year, whilst serving a resident population of approximately
65,000 across the town, and around 140,000 across the wider Torbay area.
Vaughan Parade occupies one of the town's premier trading locations, directly overlooking Torquay Harbour and
Marina. The immediate area is characterised by a vibrant mix of restaurants, cafes, licensed premises, specialist
retailers and leisure operators, including Prezzo, Princess Theatre, Domino's Pizza, Hoopers Department
Store and Taco Bell.
Torquay Railway Station lies approximately one mile away, whilst excellent road links provide convenient access
to Exeter, the M5 motorway and the wider South West.
Description
The property comprises an attractive Grade II Listed
period parade extending across Vaughan Parade and
Palk Street, providing a mixture of retail
accommodation at ground floor level together with
office accommodation above.
The retail units occupy prominent positions fronting the
harbour and surrounding streets, whilst the upper floors
provide office premises accessed independently.
The building forms one of the most recognisable
commercial parades on Torquay's waterfront.
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