* Freehold
* A Tidy Investment of Two Lock Up Retail Units
* Both Let - Combined Rent £9, 000 Per Annum (Upper Parts Not Included)
* Desirable Retail/Investment Location with Low History of Vacancies
* A Rare Opportunity to Buy a Commercial Investment on Walnut Road
* An Ideal Pension Investment
The property is situated on Walnut Road, a thriving and popular parade of
shops and commercial users in the Chelston area of Torquay. Walnut Road serves
the affluent areas of Chelston, Cockington and also Shiphay.
Vacancies in the area are rare. Nearby occupiers include a large Co - op
convenience store, a butcher, a takeaway and a post office among various other
professional service providers.
13 Walnut Road comprises two separate self - contained retail units, each
individually let to different tenants. 13a Walnut Road trades as a Seamstress
and 13b as an Estate Agency.
The residential upper parts have been sold off on long leasehold.
**13A Walnut Road**
Trading as Seams Perfect.
**Shop (16' 9'' x 10' 6'' (5. 1m x 3. 2m) (narrowing to 2. 56m))**
**Rear Store (11' 4'' x 9' 2'' (3. 45m x 2. 8m))**
Including WC.
**13B Walnut Road**
Trading as Seymour & Co Estate Agents.
**Retail Area (21' 0'' x 14' 10'' (6. 4m x 4. 51m))**
**Rear Lobby (10' 10'' x 7' 0'' (3. 3m x 2. 13m))**
Including WC.
**Tenure**
The property is being sold freehold, subject to the Occupational Leases.
13a Walnut Road let to an individual by renewal of a Law Society Lease.
Renewal is dated October 2021, expiring 31st May 2024.
The passing rent is £4, 000 per annum.
The tenant is responsible for a fair proportion of the Landlord's costs in
insuring and maintaining the property, as well as obligation to maintain and
decorate the shop front.
13b Walnut Road let to Stephen Seymour by renewal of a Law Society Lease.
Renewal is dated October 2021, expiring December 2024.
The passing rent is £5, 000 per annum.
The tenant is responsible for a fair proportion of the Landlord's costs in
insuring and maintaining the property, as well as obligation to maintain and
decorate the shop front.
**EPC Ratings**
13A Walnut Road - C.
13B Walnut Road - B.
**Utilities & Rates**
Each tenant is responsible for their own independent utilities and their own
Business Rates (both eligible and receiving 100% Small Business Rates Relief).
**VAT**
We are informed that the property is not elected for VAT and VAT is not
collected on rents.
**Viewing**
Viewing is strictly by prior appointment with the Sole Agents, Bettesworths.
Interested parties are requested to be mindful and conscious as to the ongoing
businesses of the occupational tenants.
**Residential Upper Parts**
The residential upper parts have been sold on a 999 year leasehold interest at
a peppercorn ground rent with proportionate responsibility for costs and
maintaining the building.

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