Commercial property for sale in Torbay Road, Paignton TQ4
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Attention investors
- Mixed Use Investment For Sale
- Great Location Situated On Paignton’s “Golden Mile”
- Investment Opportunity Not To Be Missed
- Close To Paignton Town Centre, Sea Front, Rail & Coach Stations
- Ground Floor Catering Unit & 3 x 2 Bedroom Self Contained Apartments
- All Currently Let Producing an Income of £32,180 Per Annum
- Viewing Highly Recommended
Property description
The property, which is being sold as an investment, comprises a catering unit which is let on an expired lease (tenant holding over) at a rent of £11,500 Per Annum, accessed from the rear of the property there are 3 self-contained flats, all our large 2 bedroomed apartments, all are currently let on asts. There is the benefit of private off road parking for 4 vehicles.
The current rent breakdowns are:
Ground Floor Commercial Unit- £11,500 Per Annum
Flat 1- £580 Per Month
Flat 2- £550 Per Month
Flat 3- £550 Per Month
Parking Space- £43.34 Per Month
Location
The property is situated on Torbay Road which is known as Paignton’s ‘Golden Mile’. This main road leads from the railway station and town centre down to the seafront and is Paignton’s premier holiday shopping street ensuring constant heavy footfall. Torbay Road benefits from a large seasonal boost when Paignton swells with visitors. There are many all year-round attractions nearby such as the Dartmouth Steam railway, the Vue cinema and the Geoplay Park to name a few.
For more information about this property, please contact
Absolute Commercial, TQ1 on +44 1803 268171 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Absolute Commercial, and do not constitute property particulars. Please contact Absolute Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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