A freehold mixed commercial/residential property (approx. 1,433 sq.ft. in total) comprising retail area and a substantial 3/4 bedroom maisonette (1,011 sq.ft. - source EPC) - vacant

Description/Location

The property is located in a parade of shops, close to local schools and amenities, in the popular Torquay suburb of Chelston. Demand for residential lettings in this area is very high. Anticipated monthly rent £950 per calendar month for the apartment. The property has a rear garden and garage (in need of replacement).

Tenure

Freehold

Local Authority

Torbay Council01803 201201www.torbay.gov.uk

Viewing

Please contact Woods Bryce Baker on 01803 390000

Accommodation

Ground floor: Shop area approx.376 sq.ft. plus w.c. Entrance hall to flat, kitchen, dining room, utility room First floor: Sitting room, study, bedroom, bathroom Second floor: 2 bedrooms Outside: Rear garden, garage (in need of replacement)

Rent

Potential rent £15,600 per annum

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Legal documents

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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.