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Investment Opportunity In Torquay For Sale

Advert Ref: HELE FISH BAR
Torquay, Devon, United Kingdom

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Asking price:
£178,500
Sales revenue:
< £200k
Net profit:
< £100k


We are pleased to be able to offer for sale this investment property consisting of a lock up retail unit, currently operating as a fish and chip shop/takeaway, and a self contained two bedroom residential flat to first floor

THE LOCATION
- Ideally located on Hele Road which is one of the main arterial roads in Torquay, within a densely populated area


THE INVESTMENT
- The business is leased on a 15 year Full Repairing and Insuring Lease with a commencing annual rental from October 2007 of £6,500. The flat is currently let on an Assured Shorthold Tenancy Agreement with an annual income of £6,300


Property:
Freehold
Location:
THE LOCATION
- Ideally located on Hele Road which is one of the main arterial roads in Torquay, within a densely populated area
Premises details:
ACCOMMODATION COMPRISES
-


RETAIL UNIT
- Through part glazed door into


MAIN RETAIL AREA
7.25m x 4.31m (23' 9" x 14' 2") - Through archway into


KITCHEN
3.45m x 2.85m (11' 4" x 9' 4") - Door into


PREP AREA
4.22m x 3.28m (13' 10" x 10' 9") - Door leading into


CLOAKROOM
- Staff cloakroom comprising low level WC and wash hand basin


STAFF ROOM/LOUNGE
4.31m x 3.12m (14' 2" x 10' 3") – Benefiting from feature fireplace with flame gas fire and patio doors


RESIDENTIAL ACCOMMODATION
- Stairs leading to first floor


HALLWAY
- With doors leading off to


BEDROOM 1
2.89m max x 4.13m (9' 6" max x 13' 7") – With gas fire


BEDROOM 2
4.30m x 2.80m (14' 1" x 9' 2") – With gas fire


LOUNGE
3.77m max x 4.86m into bay window (12' 4" max x 15' 11" into bay window) – With gas fire


BATHROOM
2.52m x 2.57m (8' 3" x 8' 5") – Comprising of panel bath with shower over, low level WC and wash hand basin. Fully tiled throughout


KITCHEN
3.45m x 3.36m (11' 4" x 11' 0") – Benefiting from an array of base and wall mounted units with inset oven and hob


OUTSIDE
- To the rear there is a fully enclosed, concrete screeded courtyard with a large elaborate wooden shed containing washing machines, tumble dryer, additional chest freezers and general storage. The courtyard benefits from both side access and also gate to rear alley

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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