The Triangle,
Teignmouth - Guide price £325,000

Town centre freehold Investment Property. Comprising large Grade II Listed building with two ground floor shops. Two vacant 2 bed flats above and to the rear a one bedroom two storey "cottage" with courtyard. Shops both currently let and the businesses are unaffected.

  • Receptions:
    3
  • Bedrooms:
    5
  • Bathrooms:
    3

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The Triangle, Teignmouth, Devon, TQ14

Town centre freehold Investment Property. Comprising large Grade II Listed building with two ground floor shops. Two vacant 2 bed flats above and to the rear a one bedroom two storey "cottage" with courtyard. Shops both currently let and the businesses are unaffected.

First Floor Flat (No.2)

Front Communal Entrance Door Into...

Communal Hallway
Stairs rising to first floor, private entrance door opening into the hallway.

Living Room 5.13m max x 4.22m reducing to 3.30m
Timber casement windows overlooking The Triangle, tiled fireplace, picture rail, night storage heater.

Dining Room 4.0m x 2.5m (13'0" x 8'1")
Sliding sash window to the rear, night storage heater, picture rail, cupboard housing hot water cylinder. Door to...

Kitchen 3.7m x 3.0m (12'0" x 9'10")
Sliding sash window to the rear, timber fronted wall and base units, tiled splashback, one and a half bowl stainless steel sink, extractor vent.

Bedroom One 3.82m plus wardrobe x 3.28m
Timber casement window overlooking The Triangle, picture rail.

Bedroom Two 3.1m x 2.8m (10'0" x 9'3")
Sliding sash window to the rear, fitted cupboard and double wardrobe.

Bathroom
Panelled bath with electric shower over, pedestal hand basin, low level WC, sliding sash window to the rear, wall mounted electric downdraft heater.

Top Floor Flat (No.3)

Communal Staircase Rising To...


Top floor private entrance door into hallway.

Living Room 4.93m into alcove x 3.73m
Timber casement window overlooking The Triangle, picture rail, ornate tiled fireplace, radiator.

Kitchen 3.5m x 3.4m (11'7" x 11'3")
Timber casement window to the rear, wall and base units, stainless steel sink and drainer, space for cooker, wall mounted gas combination boiler, radiator.

Bedroom One 4.5m x 3.7m (14'8" x 12'3")
Timber casement window overlooking The Triangle, radiator, picture rail.

Bedroom Two 3.5m x 3.0m (11'5" x 9'9")
Sliding sash window, fireplace, radiator.

Bathroom
Freestanding cast iron bath with mixer tap and shower attachment, hand basin, high level WC, extractor vent, window to the rear, access to roof space.

The Cottage (No.1)
From rear entrance way with door leading to...

Lounge 5.6m x 2.8m (18'5" x 9'1")
Ornate fireplace, two radiators, windows overlooking courtyard garden, two ceiling lights, picture rails, smoke alarm, door to...

Kitchen 3.3m x 2.8m (10'11" x 9'3")
Fitted with a range of units comprising grey worksurfaces with base units below, space for electric cooker, tiled splashback, single drainer stainless steel sink unit, wood effect flooring, wall mounted fuse box, radiator, built-in cupboards, ceiling striplight, wired smoke alarm, sash window.


Stairs rising from lounge to...

First Floor Landing
Wired smoke alarm, doors to...

Bedroom One 4.8m x 2.7m (15'9" x 8'10")
Radiator, two windows overlooking courtyard, ceiling light.

Bathroom 2.8m x 1.2m (9'1" x 4'0")
Panelled bath, low level WC, wash hand basin, fully tiled walls, wall mounted shower, ceiling light, frosted window, extractor fan.

Courtyard
Storage Room

Shop 1 4.0m x 3.4m (13'2" x 11'2")
Single retail unit with one room currently used as a succesful sandwich shop.

Shop 2 4.1m x 3.7m (13'5" x 12'2")
Currently used a Jewellers. Main shop with rear office/store 3.26m x 3.79m.

Agents Note
We understand that are some fire precaution works required under the guidance of Teignbridge District Council. Contact agent for more information.

Tenancy
Both shops are let out on 6 year commercial tenancies. The Jewellers is let at £5,000 per annum and the sandwich shop £3,480. The flats are currently all vacant. The rental that had been received on the flats are Flat 1 (The Cottage) £430.00pcm, Flat 2 £505.00 pcm and Flat 3 £515.00pcm. Total gross current achievable rent generated £25,880 p/a.

Directions
Upon entering Teignmouth, proceed to the Town Centre. The main trading centre includes Wellington Street and The Triangle. The property is located within The triangle close to all major amenities including main bus stops and train station as well as shopping and sea front.

Location

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James Carden, Teignmouth - Branch Manager

Excellent service from beginning to end. All members of the Bradleys team I dealt with during the sale process were professional in all matters. They were calm when I became impatient! Just an excellent all round service! I have employed them in the past to sell another property and will use them again if the opportunity arises.

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Floorplan for The Triangle, Teignmouth, Devon, TQ14

Lettings Fees

DetailsFees & Charges
Reference Fee (including credit, employer, bank, previous Landlord, Right to Rent checks etc.) £120 (£100 +VAT)
per person
Guarantor Reference Fee (if required) £90 (£75 +VAT)
per guarantor
Tenancy Agreement & Arrangement Fee £120 (£100 +VAT)
per property
Termination & Check-out fee £120 (£100 +VAT)
per property (paid at end of tenancy following a Bradleys Inspection)
Pet Schedule Arrangement Fee No Charge at commencement of tenancy
£60 (£50 +VAT) after commencement date

All Fees and charges correct as at 1st February 2016

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