Commercial Development for sale

Tor Hill Road, Town Centre, Torquay

£260,000

Property Description

Key features

  • Freehold Investment Opportunity
  • Ground Floor Commercial Unit
  • 3 x 1 Bed Upper Floor Flats
  • All Currently Let Out
  • Annual Income Circa £20,000
  • Established Hair Salon with Kitchenette & Toilet
  • 4 Parking Spaces to Rear
  • Flats are all let on AST's
  • Town Centre Location
  • Potential To Increase Income (Rent Review in 2016)

Full description

NO STAMP DUTY SURCHARGE TO PAY - Freehold Investment Opportunity. Ground floor unit, 3 upper floor 1 bed flats all currently let and producing an income of around £20,000 pa. Gross yield of 7.5%+. Potential to increase income to circa £23,600 which would produce a yield of over 9%. 4 parking spaces to rear. New front roof in 2015. 

More information from this agent

Nearest stations

  • Torquay (0.6 mi)
  • Torre (0.7 mi)
  • Paignton (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Absolute Sales & Lettings Ltd, Torquay

10 Tor Hill Road, Castle Circus, Torquay, TQ2 5RA

01803 367113 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

Externally hosted floorplan


To view this property or request more details, contact:

Absolute Sales & Lettings Ltd, Torquay

10 Tor Hill Road, Castle Circus, Torquay, TQ2 5RA

01803 367113 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Torquay (0.6 mi)
  • Torre (0.7 mi)
  • Paignton (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Absolute Sales & Lettings Ltd, Torquay

10 Tor Hill Road, Castle Circus, Torquay, TQ2 5RA

01803 367113 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2541082. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Absolute Sales & Lettings Ltd, Torquay. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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