Lot 86 Fully Let Three Storey Town Centre Investment With Further PotentialAuction Date:
24th September 2026
113 Union Street, Torquay, Devon, TQ1 3DW
Currently let at £12,000 per annum
Located in Torquay town centre at the top of Union Street, a popular area for many national retailers, estate agents and solicitor offices, is this large freehold investment property which is currently fully let at £12,000 per annum.
The property is arranged over three floors, two at the front and one at the rear. To the front is a ground floor retail area and first floor ancillary space. The second floor is accessed from Castle Road and has previously been used as a flat, this area now being in need of improvement.
Ground Floor
Accessed from Union Street. Retail area, storeroom, kitchen and W.C.
First Floor
Two large rooms and separate ladies and gents toilets.
Second Floor
Accessed from Castle Road, not inspected. We are informed by the seller this was previously used as a flat.
Tenancy
The whole property is let on an expired seven year fully repairing and insuring lease dated 5th January 2014 at a current rental of £12,000 per annum.
Auctioneer’s Note
At the time of publication the Auctioneers have not internally inspected all parts of the property. Interested applicants should make their own enquiries to verify the information provided.
EPC Rating
E (105). Total Floor Area 136 sq.m.
Viewing
No internal inspections are available. Interested parties are requested not to contact the tenants direct. A video will be available on the Clive Emson website.
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
