5 Bedroom Detached House for Sale

Regent Street, Teignmouth

Guide Price £380,000

Key Features

MIXED COMMERCIAL/RESIDENTIAL PROPERTY IN ENVIABLE TOWN CENTRE LOCATION
RETAIL UNIT WITH POTENTIAL TO SUBDIVIDE, PLUS TWO SPACIOUS APARTMENTS WITH SEAFRONT AND SEA VIEWS
SECOND FLOOR THREE-BEDROOM APARTMENT

IN ESTABLISHED TRADING AREA & CLOSE TO SEA FRONT
FIRST FLOOR TWO-BEDROOM APARTMENT
EXCELLENT INVESTMENT OPPORTUNITY

Full Description

An opportunity to acquire a mixed commercial/residential premises of approximately 2,400 square feet (251m2) in an enviable town centre location close to Teignmouth seafront, railway station, and the popular pedestrianised Triangles area of the town.

Comprising a spacious retail unit, a two-bedroom first floor apartment, and a second floor three-bedroom apartment, the retail space has frontage and access from both sides of the building giving potential to subdivide to create two separate trading units subject to the usual consents and permissions.

Details - An opportunity to acquire a mixed commercial/residential premises of approximately 2,400 square feet (251m2) in an enviable town centre location close to Teignmouth seafront, railway station, and the popular pedestrianised Triangles area of the town.

Comprising a spacious retail unit, a two-bedroom first floor apartment, and a second floor three-bedroom apartment, the retail space has frontage and access from both sides of the building giving potential to subdivide to create two separate trading units subject to the usual consents and permissions.

GROUND FLOOR Accessed from both Regent Street and the Esplanade, the premises comprises a large trading area of approximately 817 square feet (76m2) plus staff toilet, and office/store. The Regent Street approach benefits from excellent window frontage and a second, currently redundant, entrance door. The Esplanade approach comprises double opening doors, and a former window/take-away serving area.

FIRST FLOOR The first floor comprises a spacious apartment with excellent promenade and sea views. The accommodation includes and open-plan lounge/dining room, fitted kitchen, two bedrooms, and bathroom. There are night store heaters and double glazing throughout.

SECOND FLOOR A three-bedroom apartment with excellent views of the seafront, towards the Pier, The Ness and out to sea. The accommodation includes hall with storage cupboard, spacious open-plan lounge/dining room. fitted kitchen, three bedrooms, and bathroom. There is gas central heating and double glazing.

The property is offered with vacant possession of the ground floor, and assured shorthold tenancies in place for both apartments.

The three EPCs are: TBC

Energy performance certificate (EPC) – Find an energy certificate – GOV.UK (find-energy-certificate.service.gov.uk)

MATERIAL INFORMATION - Subject to legal verification

Freehold

Rates & Council Tax:

Ground Floor - Rateable Value £12,250 (April 2023). This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.
First Floor – Council Tax Band B
Second Floor - Council Tax Band B

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