Retail premises for sale in Torquay Road, Preston, Paignton TQ3

Description

This property presents a notable investment opportunity, requiring refurbishment based on its intended use. This property is offered chain-free, making it an ideal prospect for those seeking to convert it into residential accommodation.

Situated in a prime location, the property is ideally positioned for those who appreciate proximity to both the town and the beach. It is conveniently located near local shops, amenities, and public transport links to Torquay and Brixham. Additionally, the property is within walking distance of Preston Sands and Paignton town centre, enhancing its appeal.

Currently, the property consists of a commercial unit with a retail space to the front and residential accommodation to the rear. It is important to note that there is currently no official consent for the use of the rear section as a residence. This area includes an open-plan kitchen and lounge, featuring modern white fitted wall and base units, along with a range of integrated appliances. The kitchen/lounge opens onto a rear garden through double patio doors, which also provides access to a rear parking area. The property is allocated at least one parking space, with confirmation pending on a second space. Additionally, the residential section includes a modern three-piece bathroom suite.

The property offers flexible options for its future use. If the relevant approvals are obtained, it may be converted into a residential apartment or possibly reconfigured to separate the commercial and residential spaces.

Rateable value:
£3,300

Tenure: Freehold
The current owner has informed us that the property is titled freehold.