Torquay, Devon

This substantial freehold property is situated on Market Street, Torquay. Market Street is a mixture of independent businesses and residential accommodation, linking directly into the town centre and connecting the residential areas of Ellacombe, Plainmoor and Babbacombe.

19 Market Street is currently arranged as a mixed-use investment with ground floor commercial unit and a licensed HMO on the first & second floors. The commercial unit has been let to a hairdressing business on a 5-year lease, at an annual rent of £6,240 from 2021. Recently refurbished to a high standard. On the upper floors, the licensed HMO has been renovated to a good standard and managed well by the current owner, producing a gross rental income of £28,532.

The property is offered for sale as a going concern investment and early viewing is highly recommended.