46-48 Fleet Street Torquay Devon TQ2 5DW

46-48 Fleet Street
Torquay
Devon
TQ2 5DW

High Street Retail Freehold Investment

Entirely let to Edinburgh Woollen Mill Properties Limited until 2031 (subject to option)
Recently renewed lease
Traded as Edinburgh Woollen Mill for over 25 years
Substantial building of Approx. 967.20 sq m (10,410 sq ft)
Prime High Street thoroughfare close to Torquay Marina
Nearby occupiers including Tesco Express, TK Maxx, Trespass, Subway, KFC and Domino's.

Lot
17
Auction
16th July 2026
Rent
£44,000 per Annum Exclusive
Status
Available
Guide*
£400,000
Auction Venue
Live Streamed Auction

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High Street Retail Freehold Investment

Entirely let to Edinburgh Woollen Mill Properties Limited until 2031 (subject to option)
Recently renewed lease
Traded as Edinburgh Woollen Mill for over 25 years
Substantial building of Approx. 967.20 sq m (10,410 sq ft)
Prime High Street thoroughfare close to Torquay Marina
Nearby occupiers including Tesco Express, TK Maxx, Trespass, Subway, KFC and Domino's.

Lot 17
Auction 16th July 2026
Rent £44,000 per Annum Exclusive
Status Available
Guide* £400,000
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 Torquay town centre on Fleet Street, the town's premier retailing location. Torquay is an established South Devon coastal town, situated approximately 23 miles south of Exeter. The property is located in close proximity to the Fleet Walk Shopping Centre and Torquay Marina, with nearby occupiers including Tesco Express, TK Maxx, Trespass, Subway, KFC and Domino'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

Tenure

Freehold.

Description

The property comprises a substantial ground floor retail unit with ancillary accommodation on the basement, first, second and third floors. A major restoration of the exterior was completed in 2022.

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 on the basement, first, second and third floors. A major restoration of the exterior was completed in 2022.

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 Second Third	Retail Ancillary Ancillary Ancillary Ancillary	228.80 150.80 223.00 192.60 172.00	(2,462) (1,623) (2,400) (2,073) (1,851)	EDINBURGH WOOLLEN MILL PROPERTIES LIMITED (t/a The Edinburgh Woollen Mill)	5 years from 20/05/2026 (1)	£44,000
Total		967.20	(10,410)			£44,000

(1) The lease provides a tenant option to determine on 20/05/2029 upon serving 6 months notice.
N.B. The floor areas stated above are those published by the Valuation Office Agency (https://www.gov.uk/find-business-rates)

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.