Let to Boots UK Limited until April 2031 (subject to option)
Recently renewed lease
Tenant in occupation since at least 1990
Approx. 1,104.30 sq m (11,886 sq ft)
Prime High Street thoroughfare
Directly Opposite the Union Square Shopping Centre
Nearby occupiers include Primark, Waterstones, Costa Coffee, Holland & Barrett and McDonald’s
Lot 15
Auction 6th May 2026
Rent £40,000 per Annum Exclusive
Status Available
Guide* £375,000+
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
22 miles south of Exeter, 32 miles east of Plymouth, 85 miles south-west of Bristol
Roads
A380, A38, A385, M5
Rail
Torquay Railway Station
Air
Exeter International Airport
Situation
The property is prominently situated in the heart of the town centre on the south side of Union Street, Torquay’s prime retailing thoroughfare. The property is located opposite the Union Square Shopping Centre, with nearby occupiers including Primark, Waterstones, Costa Coffee, Holland & Barrett and McDonald’s.
Tenure
Freehold.
Location
Miles
22 miles south of Exeter, 32 miles east of Plymouth, 85 miles south-west of Bristol
Roads
A380, A38, A385, M5
Rail
Torquay Railway Station
Air
Exeter International Airport
Situation
The property is prominently situated in the heart of the town centre on the south side of Union Street, Torquay’s prime retailing thoroughfare. The property is located opposite the Union Square Shopping Centre, with nearby occupiers including Primark, Waterstones, Costa Coffee, Holland & Barrett and McDonald’s.
Tenure
Freehold.
Description
The property comprises a substantial ground floor retail unit with ancillary accommodation in the basement and on the first floor. The property benefits from rear access via Lower Union Lane.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial ground floor retail unit with ancillary accommodation in the basement and on the first floor. The property benefits from rear access via Lower Union Lane.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground Basement First
Retail Ancillary Ancillary
658.70 332.50 113.10
(7,090) (3,579) (1,217)
BOOTS UK LIMITED (1)
5 years from 16/04/2026 on a renewed lease (2)
£40,000
Total
1,104.30
(11,887)
£40,000
N.B. The commercial floor areas stated above are those published by the Valuation Office Agency (https://www.gov.uk/find-business-rates) (1) For the year ending 31st August 2024, Boots UK Limited reported a revenue of £7,313,000,000 and pre-tax profits of £269,000,000 (Companies House; 30/03/2026) (2) The lease is subject to a tenant option to determine on 16/04/2029
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
