Commercial Development for saleTor Hill Road, Town Centre, Torquay
Withdrawn from Market £260,000
- 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 descriptionNO 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.
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