0 Bed Mixed Use For Sale

Mixed-Use Freehold Investment in a Prominent Roadside Corner Position. Rental Income of £32,640 Per Annum (When Fully Let).



The property occupies a very prominent roadside corner position on Torquay Road, Paignton, one of the main arterial routes linking Torquay and Paignton town centres. This is a highly visible trading location, benefitting from strong levels of passing traffic and close proximity to the town centre and public transport links. The property is well situated for investors seeking reliable mixed-use rental income or for owner occupiers who may wish to utilise the vacant office element. With Paignton’s seafront, town centre, and rail station all within easy reach, the property serves a strong residential and commercial catchment area. This mixed-use freehold investment is arranged as two ground floor commercial units and two self-contained residential flats above. The commercial units are currently arranged as a restaurant and office, with the restaurant let on a commercial lease and office currently vacant. The flats are arranged on the first floor as a studio and a 1 bedroom, both of which are self-contained.  To the rear of the property is a yard with parking for two cars, bin storage space and an additional external store, which may be retained by the landlord or separately let. An external WC is also located in the yard. This investment presents a strong opportunity with existing tenants in place and scope to increase returns through re-letting of the vacant office and possible improvements.