Commercial property for sale
Guide Price £395,000
Sold STC
Guide Price £395,000
Commercial property for sale
ShortlistKey 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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