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Hyde Road, Paignton, Devon, TQ4

Guide Price
£450,000

Business rates & charges may apply

Waycotts, Torquay
SIZE

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SECTOR

Commercial property for sale

Key features

  • Multi let commercial investment in super location
  • Partially let and generating £35,300 p.a.
  • Additional 151sq ft 1st floor, garage and land with potential
  • AUCTION 3RD NOVEMBER IN CONJUNCTION WITH CLIVE EMSON
  • Estimate £450,000 - £500,000

Description

Occupying a prominent position on the favoured and busy Hyde Road close to Prime Victoria Road, Mainline railway, bus station and popular Torbay Road that runs down to the famous Paignton Pier, beach and old harbour.

Paignton along with Torquay and Brixham make up the very popular tourist destination of Torbay but equally it is becoming a favoured residential area as now benefits from the new South Devon Highway offering excellent access to employment opportunities at Exeter and the M5 corridor.

This investment property has been in the same family ownership for many, many years and offers an exciting opportunity to further develop the income potential which is something the vendors have considered but it is not an avenue they wish to pursue as they are purely investors not developers.

We believe that there are potential residential development opportunities here to compliment and enhance the commercial element subject to any necessary planning consent required being secured.

See Brochure for accommodation and schedule of tenancies.

All prices and rents quoted are exclusive of VAT where chargeable are unaware of an election to VAT on this property

Brochures

Hyde Road, Paignton, Devon, TQ4

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Paignton Station0.1 miles
  • Torquay Station2.0 miles
  • Torre Station2.7 miles

Notes

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Disclaimer - Property reference 0128. 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 Waycotts, 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Waycotts, Torquay on 01805 640511.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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