Available

South Street, Catering

Asking Price

Price £299,950

COM110056

South Street
Catering
Torrington, Devon
£299,950

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Town centre commercial property now let as a restaurant. With spacious accommodation, restaurant/bar area, commercial kitchen, 5 bedrooms and private kitchen. EPC Rating D.

Description

LOCATION
Opposite the Torrington branch of Webbers Estate Agents in the heart of the town, just a few yards from the Pannier Market and town hall the premises are well placed for passing trade. Nearby is South Street car park where the owner of this property can apply for a residents parking permit which is available from the Torridge District Council. Torrington is a thriving market town, standing high above the River Torridge. Every year the town has a popular May Day celebration. The town is approximately 11 miles from Barnstaple and 7 miles from Bideford. It is well known as the centre for Dartington Crystal glass manufacturing and the nearby gardens at Rosemoor, both major tourist attractions.

THE PREMISES
The property must be viewed internally to appreciate the size and extent of the accommodation, which is arranged over three floors. The ground floor bar/restaurant area provides approximately 617 sq ft of space. To the rear of the property there is the ladies and gents cloakrooms, a private lounge/bedroom and bathroom together with a large commercial kitchen. The upper floors provide 5 bedrooms (3 en-suite) with further shower room WC and two private kitchens.
The premises are currently let at £14,400 rental per annum as a catering venue to local tenants.

Rooms

  • GROUND FLOOR
  • BAR/RESTAURANT AREA (4.88m X 11.73m)
    Step up to:
  • INNER L-SHAPED HALLWAY
    With radiators and glass fronted display cabinet.
  • STORE ROOM
  • GENTS CLOAKROOM
    With one urinal, wash hand basins and separate WC.
  • LADIES CLOAKROOM
    With 2 separate WCs and wash hand basins.
  • REAR LIVING ROOM (3.66m x 3.18m (12'0" x 10'5"))
  • FURTHER ROOM (2.74m x 1.85m (9' x 6'1"))
    Off. With en-suite bathroom WC.
  • COMMERCIAL KITCHEN (5.36m x 4.37m (17'7" x 14'4"))
    Stainless steel sink unit hot and cold, wash hand basin, tiled floor and stainless steel work surfaces.
  • COMMUNAL ALLEYWAY
  • STAIRS TO FIRST FLOOR
  • HALF LANDING
  • BEDROOM ONE (6.05m x 4.80m (19'10" x 15'9"))
    With two radiators and en-suite shower room WC.
  • BEDROOM TWO (4.52m x 4.04m (14'10" x 13'3"))
    With radiator and en-suite shower room WC. Door to:
  • FLYING FREEHOLD
    There is a cupboard bridge over the alleyway below which formerly had access to the adjoining property which has now been blocked off, therefore creating a flying freehold.
  • BEDROOM THREE (4.37m x 3.60m (14'4" x 11'10"))
    With en-suite shower room WC.
  • FRONT LANDING
    With built in boiler cabinet, with gas central heating boiler and hot water cylinder.
  • BEDROOM FOUR (3.70m x 2.41m (12'2" x 7'11"))
    With radiator.
  • KITCHEN (4.90m x 3.43m (16'1" x 11'3"))
    With single drainer sink unit hot and cold and radiator.
  • STAIRS TO SECOND FLOOR
  • BEDROOM FIVE (3.73m X 2.9m)
    With radiator.
  • LANDING
  • SHOWER ROOM WC
  • KITCHEN DINER (6.22m x 2.87m (20'5" x 9'5"))
    With single drainer sink unit.
  • AGENTS NOTE
    The business was let in October 2019.
  • SERVICES
    All mains connected.
  • VAT
    We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
  • VIEWING
    Strictly by appointment through the selling agents.
  • RATEABLE VALUE
    £7,300 £7,300 UBR, as of April 2019, 50.4p in the £ Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
  • COUNCIL TAX BAND
    To be advised.
  • WEBBERS DO NOT JUST SELL HOUSES
    Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347888. For out of hours call our mobile number 07967 385228.
  • WANT TO KNOW MORE?
    We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding. www.environment-agency.gov.uk www.landregistry.gov.uk www.gov.uk/green-deal-energy-saving-measures www.homeoffice.gov.uk www.ukradon.org www.fensa.org.uk www.nesltd.co.uk http://list.english-heritage.org.uk

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01271 347888