Situated on Torwood Street, the property is well located to benefit from good footfall generated by Torquay town centre and harbourside. Torwood Street has a reputation for a variety of independent, retail, office and catering businesses.
Nearby occupiers on Torwood Street include a Co-op, pharmacy, beauty salons and a variety of quality and independent restaurants. The Hilton and Premier Inn Hotels adjacent provide circa 250 guest bedrooms combined.
The property is a two storey, road fronted unit arranged as a let lock up retail shop at ground floor level, fronting Torwood Street and unconverted upper parts, accessed from The Terrace at the rear at first floor level.
This investment opportunity presents a secure ongoing income from a reliable, established tenant as well as development and value add scope (subject to consents) from the first floor. This has had previous historic planning consents.
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