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268 Union St 4,542 SF Retail Building Torquay TQ2 5QU $502,886 CAD ($110.72 CAD/SF)
Investment Highlights
- Torquay railway station provides regional and national connections
- Torquay town centre retail within walking distance.
- Wide range of cafés, restaurants and leisure uses nearby.
Executive Summary
A prominent former three storey public house, well located within Torquay town centre. Change of use consent to convert the existing vacant building into a residential scheme comprising six self-contained apartments with communal space, including bins and bike storage. The site has largely been cleared ready for development. Previously a pub with ancillary flats on the upper floors, the ground floor has been cleared of pub equipment. The proposed use of all properties will be residential (Class C3).
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,542 SF
Building Class
C
Year Built
1950
Price
$502,886 CAD
Price Per SF
$110.72 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
3.48
Lot Size
0.03 AC
1 1
Nearby Major Retailers
1 of 6
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268 Union St
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