Torquay, Devon

The property occupies a prominent position at a busy junction in the highly sought-after St Marychurch area. This location is recognised as a popular and desirable commercial hub and remains the second-largest retail area in Torquay.

St Marychurch hosts a diverse mix of independent and national retailers, as well as office users, creating a vibrant trading environment. The area is well-regarded as a busy and convenient destination for businesses, attracting a variety of independent and multiple occupiers.  In addition to its commercial appeal, St Marychurch is a highly desirable residential area, with its various amenities, nearby primary schools, parks and beaches. 

This mixed-use investment comprises a ground-floor office and a studio flat above. The office, arranged into three rooms, is currently let to a letting agent on a lease expiring in 2034, generating an annual rent of £6,600.  

The studio flat spans two floors, with a hallway and kitchenette on the ground floor and a bathroom and combined living/bedroom space on the first floor. The studio flat has been let to a new tenant at £495 per calendar month.  

Situated in a highly sought-after area, this property presents an excellent opportunity for purchasers seeking a stable investment with strong income potential.