Commercial property for sale in Torbay Road, Paignton TQ4

We are delighted to present this exceptional mixed-use investment opportunity, located on Paignton's illustrious 'Golden Mile.' This impressive property, spanning three floors, offers a well-organised 17,000 square feet of shop floor and storeroom space on the ground level, ideal for a variety of commercial purposes. The first and second floors of the property house a spacious 4/5 bedroom maisonette, providing a comfortable living space for potential owners or tenants.

Situated in a highly sought-after area, the property boasts unmatched convenience being in close proximity to Paignton town centre, the picturesque seafront, as well as the rail and coach stations, making it an attractive and easily accessible destination for visitors and residents alike.

Investors seeking a lucrative return will be pleased to note the approximate rental yield of 8% offered by this property. With its prime location, sizeable commercial space, and attractive living quarters above, this investment has the potential to generate a significant income stream for the discerning buyer.

The property's appeal is further enhanced by its charming surroundings and easy access to a range of amenities, promising a vibrant and bustling environment for both business and residential purposes. The flourishing local area ensures a steady flow of foot traffic, making the commercial space on the ground floor an attractive proposition for a wide range of businesses.

In summary, this exceptional mixed-use property represents a rare opportunity for investors seeking a robust return on their investment in a prime location. With the opportunity to live and work under the same roof, this property offers a unique and convenient dual-purpose setup. With its flexible layout, fantastic location, and strong rental potential, this property is sure to attract keen interest from those looking to capitalise on the bustling economy of Paignton's 'Golden Mile.'

Location

The property is situated in Paignton town centre on the 'Golden Mile' just a short third of a mile walk from the picturesque Paignton sea front with a variety of bars and restaurants. The train and bus station are both on the doorstep.