Torquay is an attractive seaside town and busy commercial centre in south Devon. The town lies 25 miles south west of Exeter and 34 miles north east of Plymouth, which gives the town dominance over it’s catchment. The A380 and A85 are the main routes out of Torquay and link into the A38 Devon Expressway.

Tourism is a major part of the local economy with approximately 5 million tourists per annum and a direct and indirect spend of approximately £442 million. Tourism accounts for 30% of the employment in the town.

Torquay has a resident population of 65,000 (2011 Census) and a primary catchment of 211,000 people.

RETAILING IN TORQUAY

Prime retail in the town is on the pedestrianised Union Street close to where the large Primark and H&M stores are located. There are two small covered shopping centres at each end of Union Street - Fleet Walk to the south which is anchored by TK Maxx and a 450 space car park and Union Square to the north which is anchored by Wilkinsons and a 450 space car park.

The subject property lies opposite Primark in what we would consider to be a 100% prime location. Other nearby retailers include H&M, River Island, JD Sports, H Samuel and Goldsmiths.

DESCRIPTION

The property comprises an attractive unbroken parade of four shops with a small secondary unit to the rear on Lower Union Lane. The shops are arranged on the ground floor with ancillary accommodation on the first and second floors.