Paignton, Devon

Situated on Torbay Road, which connects Paignton town centre to the seafront, the premises enjoys the best of both Paignton's busy retail centre and the more tourist focussed area of town. It is also walking distance to Paignton’s Sea Front, Town Centre and rail & coach station. The area is a highly sought after residential and commercial location.  



A terrace property with ground floor commercial unit currently let at a rent of £14,000 per annum.  The lease is on a rolling yearly term with repairing and insuring obligations.  The 2 residential apartments are accessed via an external staircase at the rear of the property.  



73a is let on an AST at a rent of £600 per month, 73b, a maisonette, is let for £695 per month.  The current set up lends itself perfectly to either retaining under one freehold as a mixed-use investment or, to split the units on separate titles to realise a potential capital uplift.