1 /15
£460,000
The Triangle, Teignmouth, TQ14
- 4 beds
Under offer/SSTC
£460,000
- 4 beds
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Estimate monthly mortgage payment:
£2,100 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£23,000
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DESCRIPTION An opportunity to acquire a mixed commercial/residential premises of approximately 2,800 square feet (260m2) in an enviable town centre location close to Teignmouth seafront, railway station, and all amenities.
Comprising a spacious retail unit which was recently trading as a café/restaurant, and a four-bedroom maisonette over the first, second, and third floors. The accommodation is arranged as follows:
Ground Floor
Situated in "The Triangle" which is a popular pedestrianised trading and entertainment area in the heart of Teignmouth town centre, the trading area was most recently used as a café/restaurant although some reconfiguration might be required as part of the commercial kitchen was situated in an adjacent premises.
The Triangle boasts an array of independent shops and cafes, and outside tables are permissible in front of the premises in the pedestrianised area. The main internal space comprises a trading area of around 530 square feet (50m2) which is fitted out with bar and till area. There is a storeroom/kitchen, gents and ladies toilets, and rear access.
Maisonette
The residential accommodation currently comprises five bedrooms, two large reception rooms with pleasant aspects across the town, a bathroom, and separate WC. The maisonette part of the building is in need of general modernisation and refurbishment throughout. It could, subject to the usual permissions, consents, and regulations, be reconfigured to create up to three self-contained apartments.
Rates & Council Tax:
Ground Floor - Rateable Value £11,750 (April 2023). This is the rateable value for the property. It is not what you pay in business rates or rent. Please contact Teignbridge District Council to discuss what you will pay.
Residential Accommodation – Council Tax Band C
Energy Performance Certificate (EPC)
Top Floor Maisonette: G
Café/Restaurant: D
Agents Note: A small proportion of the first-floor falls within a Grade II property listing that is predominantly for the next door property. Number 5 does sit within a Conservation Area.
Comprising a spacious retail unit which was recently trading as a café/restaurant, and a four-bedroom maisonette over the first, second, and third floors. The accommodation is arranged as follows:
Ground Floor
Situated in "The Triangle" which is a popular pedestrianised trading and entertainment area in the heart of Teignmouth town centre, the trading area was most recently used as a café/restaurant although some reconfiguration might be required as part of the commercial kitchen was situated in an adjacent premises.
The Triangle boasts an array of independent shops and cafes, and outside tables are permissible in front of the premises in the pedestrianised area. The main internal space comprises a trading area of around 530 square feet (50m2) which is fitted out with bar and till area. There is a storeroom/kitchen, gents and ladies toilets, and rear access.
Maisonette
The residential accommodation currently comprises five bedrooms, two large reception rooms with pleasant aspects across the town, a bathroom, and separate WC. The maisonette part of the building is in need of general modernisation and refurbishment throughout. It could, subject to the usual permissions, consents, and regulations, be reconfigured to create up to three self-contained apartments.
Rates & Council Tax:
Ground Floor - Rateable Value £11,750 (April 2023). This is the rateable value for the property. It is not what you pay in business rates or rent. Please contact Teignbridge District Council to discuss what you will pay.
Residential Accommodation – Council Tax Band C
Energy Performance Certificate (EPC)
Top Floor Maisonette: G
Café/Restaurant: D
Agents Note: A small proportion of the first-floor falls within a Grade II property listing that is predominantly for the next door property. Number 5 does sit within a Conservation Area.
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£2,100 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£1,750
Mortgage and legal costs:
£999
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