Torquay
£65,000 For Sale
Available
Torquay
Torquay
Features
- Affordable Commercial Investment in Torquay Town Centre
- Comprising a Shop and Two Residential Ground Rents (Flats Sold on Long Leases)
- Great Addition to an Existing Portfolio or for a First Time Investor - Opportunity not to be Missed!
- Potential Income £6,000 PA (Shop) & £400 PA (Ground Rents) (9.8% Initial Yield)
- Potential Income £6,000 Per Annum (Shop) & £400 Per Annum (Ground Rents) (9.8% Initial Yield)
- Well Presented & Easily Managed Investment Opportunity
Property Documents
Property Description
The property is located on Tor Hill Road in the Castle Circus area of central Torquay. Situated in a parade of independent shops and offices, the property is conveniently located on the edge of Torquay's main retail high street, Union Street and is close to many town centre facilities.
The property comprises a ground floor lock up shop, well presented and occupied under a commercial lease. The remainder of the building comprises two separate self-contained, two bedroom residential flats, each with parking spaces.
Each flat has been sold on a separate 125 year lease.
Details
Updated on December 22, 2025 at 3:54 pm- Property ID: 5276
- Price: £65,000
- Property Type: Investment
- Property Status: Available
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