Summary - 51 FORE STREET ST MARYCHURCH TORQUAY TQ1 4PU
2 bed 1 bath Commercial Property
Large mixed-use freehold with planning consent, ideal for investor or developer.
Corner Victorian retail unit 1,660 sqft ground floor commercial space
Vendor reports extensive upper-floor accommodation (described as 7+ bedrooms)
Planning consent P/2020.0404 for two retail units and two apartments
Vacant freehold possession; EPC B (45); rateable value £24,000
Small plot with limited external space; semi-detached form
Very slow broadband; area classified as very deprived
Cavity walls assumed uninsulated; building dates from 1930s–1940s
VAT may be chargeable; purchasers should verify implications
An imposing Victorian corner property in the heart of St Marychurch precinct, 51 Fore Street offers a rare mixed-use freehold opportunity. The ground floor provides approximately 154.3 m² (1,660 sq ft) of retail space plus 55.3 m² (596 sq ft) of storage, and the vendors report extensive residential accommodation above (vendor describes 7+ bedrooms). Planning consent (P/2020.0404) already permits subdivision into two retail units with two apartments above, accelerating redevelopment or income-generation plans.
This is a straightforward proposition for investors, developers or an owner-occupier seeking a large, flexible building with vacant possession. Practical positives include mains gas heating, double glazing installed post-2002, an EPC rating of B (45) and a city-location adjacent to Coop and Sainsbury Local and the pedestrianised shopping precinct. The property has traded as a long-established hardware store and is well positioned for continued retail demand in a busy suburban centre.
Buyers should note material practical constraints: the site occupies a small plot; the area is classified as very deprived; broadband speeds are very slow; and external walls are cavity construction with assumed no insulation. The building dates from the 1930s–1940s so some upgrading and remedial works may be required to fully realise residential potential. VAT may be chargeable and parties should confirm liabilities. Rateable value is listed at £24,000.
Overall, the property suits an investor or developer able to manage refurbishment and service upgrades to unlock rental or conversion value, or an owner-occupier seeking a prominent, substantial premises with scope to enhance the residential element subject to planning variation.
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