Lot 150 Commercial Investment With Further Letting PotentialAuction Date:
26th March 2026
Commercial Unit Rear Of Littlegate Road, Paignton, Devon, TQ3 3AY
Currently part let at £12,000 per annum
A rare opportunity to acquire this commercial investment currently part let as a dance studio with an additional vacant storage/workshop unit.
Unit 1
Ground Floor
Storage/workshop unit.
Tenancy
Currently vacant.
Unit 2
Ground Floor
Dance studio three.
First Floor
Two dance studios, viewing lounge, kitchen, changing rooms, W.C. and storeroom.
Tenancy
Let on a seven-year lease from 15th August 2025 at a current rental of £12,000 per annum.
EPC Rating
The whole building is C (53). Total Floor Area 454 sq.m.
Local Planning Authority
Torbay Council. Tel: 01803 207801. Website: torbay.gov.uk.
Freehold with Part Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
