Freehold Office Investment, Torbay, TQ2

Castle Circus House, Union Street, Torquay, Devon, TQ2 5QG

An office building in Union Street, Torquay (TQ2), freehold. Allsop is selling it at auction on Wednesday 11 November, with a guide of £805,000+. The stated rent is £167,789 a year, about 20.8% gross on the guide.

Written by Lotwick from the key facts. For the full particulars, see Allsop's lot page.

From the auctioneer's description:Stated rent £167,789 a year · 20.8% gross on the guide

Guide price

£805,000+

18days

13hrs

12mins

41secs

Wed 11 NovAdd to calendar

Bid on the auctioneer's site View the legal pack

Status verified with Allsop 1 hour ago

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Location

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Torbay, TQ2. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£836,750See breakdown

Est. total£836,750

Price£805,000
Buyer's / admin fee£2,000
Stamp duty (non-residential) estimate£29,750
Legal pack and searches£0

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Allsop's usual buyer's fees (Residential: £2,000 inc VAT (£300 under £10,000); commercial £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work