Westcoast Residential joins Absolute
Sold STC
Guide Price £395,000

Commercial property for sale

Shortlist

Key features

  • Mixed Use Investment For Sale
  • Great Location Situated On Paignton’s “Golden Mile”
  • Comprising Ground Floor Thai Restaurant, 1 x 2 Bed Flat, 2 x 1 Bed Flats
  • Producing An Income Of £34,800 Per Annum (£2,900 Per Month)
  • Great Investment Opportunity Not To Be Missed
  • Close To Paignton Town Centre, Sea Front & Rail & Coach Stations

The property, which is being sold as an investment, comprises a Thai restaurant which is let on a 10 year lease from 2022 at a rent of £18,000 Per Annum, accessed from the rear of the property there are 3 self-contained flats, 1 x 2 bed and 2 x 1 bed, all are let on ASTS.

 The current rent breakdowns & EPC Ratings are:

Ground Floor Restaurant- £18,000 Per Annum - EPC Rating: D

Flat 1- £400 Per Month - EPC Rating: TBC

Flat 2- £450 Per Month - EPC Rating: E

Flat 3- £550 Per Month - EPC Rating: D

 Internal viewing of this great investment opportunity is highly recommended and is strictly by prior appointment with the Agents.

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For sale in Torbay Road, Paignton 0

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Location