Property
Auction
Property
Features and description
- To be Offered Online by Clive Emson Auctioneers on the 24th July 2024
- Substantial Freehold in Town Centre Location
- Potential Mixed Residential/Commercial Conversion Opportunity (STP)
- Accommodation Over 4 Floors Basement - Gross Internal Area Approx. 295m²
- Planning Permission Granted for Conversion of 1st and 2nd Floors to Two Flats
Lot - 138 UNION STREET, TORQUAY, DEVON, TQ2 5QB.Auction Guide Price - £135,000 - Plus, Plus fees. The property is to be offered online by Clive Emson Auctioneers on 24 July 2024. To register to bid, view legal documentation or for general auction enquiries please contact the auctioneers or visit their website cliveemson.co.ukA large freehold property in Torquay's Town Centre, the property is arranged over 4 floors and is currently arranged as offices and storage. The property offers an exciting opportunity for a multi-unit, mixed use development (Subject to planning). The 1st & 2nd floors have recently been granted planning for conversion into two, one bedroom flats. It is likely a portion of the retail accommodation will need to be retained but potential portions of ground and basement could also be converted into residential accommodation (subject to planning).The property is in the vicinity of a few notable national retailers including Nationwide, McDonalds, Boots and Vision Express, and occupies a strong trading position on the busy side of Union Street.
Tenure: Freehold
Tenure: Freehold
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