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COMMERCIALSOLD STC

Torbay Road, Paignton, TQ4

£415,000
Absolute, Torquay
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Fantastic mixed use investment arranged over 3 floors
  • 17000 square foot shop floor and store room
  • Great location situated on Paignton's 'Golden Mile'
  • Close to Paignton town centre, sea front and rail and coach stations
  • Large 4/5 bedroom maisonette over the first and second floors
  • Approximate rental yield 8%
  • Council tax band - C/EPC rating - B

Description

We are delighted to present this exceptional mixed-use investment opportunity, located on Paignton's illustrious 'Golden Mile.' This impressive property, spanning three floors, offers a well-organised 17,000 square feet of shop floor and storeroom space on the ground level, ideal for a variety of commercial purposes. The first and second floors of the property house a spacious 4/5 bedroom maisonette, providing a comfortable living space for potential owners or tenants.

Situated in a highly sought-after area, the property boasts unmatched convenience being in close proximity to Paignton town centre, the picturesque seafront, as well as the rail and coach stations, making it an attractive and easily accessible destination for visitors and residents alike.

Investors seeking a lucrative return will be pleased to note the approximate rental yield of 8% offered by this property. With its prime location, sizeable commercial space, and attractive living quarters above, this investment has the potential to generate a significant income stream for the discerning buyer.

The property's appeal is further enhanced by its charming surroundings and easy access to a range of amenities, promising a vibrant and bustling environment for both business and residential purposes. The flourishing local area ensures a steady flow of foot traffic, making the commercial space on the ground floor an attractive proposition for a wide range of businesses.

In summary, this exceptional mixed-use property represents a rare opportunity for investors seeking a robust return on their investment in a prime location. With the opportunity to live and work under the same roof, this property offers a unique and convenient dual-purpose setup. With its flexible layout, fantastic location, and strong rental potential, this property is sure to attract keen interest from those looking to capitalise on the bustling economy of Paignton's 'Golden Mile.'

Torbay Road, Paignton, 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
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About Absolute, Torquay

13 Ilsham Road, Torquay, TQ1 2JG

Torquay property experts since 2010

At Absolute Sales & Lettings we do modern estate agency a bit differently. We're local and independent to our core, and always focus on delivering a totally bespoke approach to selling and letting properties, combining our local expertise and a powerful network with unique property marketing campaigns. Founding Director Simon Fisher first opened our doors in 2010, and are now proud to not only have 3 well-established offices across Torbay, but to also have been presented with multiple coveted awards, including 'GOLD South West Regional Estate Agency' at the prestigious Negotiator Awards. We're also incredibly proud and active supporters of our local charity, Rowcroft Hospice.

When choosing Absolute, you'll meet a devoted, experienced and well-connected team of property professionals who will work alongside you to make your home or investment property stand out from the crowd, ultimately achieving you the best price in the right timescale. Our innovative ethos has always put us at the forefront of contemporary estate agency, from the use of the latest property technology, to the modern designs of our offices and in-house marketing. Above all else, our primary goal is to provide you with an outstanding level of attentiveness, care and expertise.

Our Torquay Sales branch is headed up by Director Darren Hole, who has been working in Torbay estate agency since 1997. Darren is assisted by our highly accomplished Torquay team, including Senior Property Consultants Tina Liddiard and Frank Earnshaw, who have been helping Torquay residents with their properties from our sleek Wellswood office since 2016. Selling your home is one of the biggest financial decisions you will ever have to make and choosing who to trust with this is key to a successful sale. Our vendors love our professional photography, bespoke brochures, 3D virtual tours and extensive social media marketing that we are able to offer, and buyers find them invaluable when selecting which properties to view.

We're also proud to have a highly-established lettings team, which is headed up by our Lettings Director Chelsey Earnshaw who won the coveted 'Best Property Manager Gold Award' at the Sunday Times Letting Agency of the Year Awards. Chelsey is ably-assisted by our experienced Lettings Manager Natalie Cook. A unique part of our lettings service is that you'll be assigned a designated property manager who will look after you and all aspects of the lettings process, including ensuring your compliance. If you are looking for an agent to manage your property as if it was their own, we'd love to talk to you.

'Our vision is to always be the number one choice of agent in Torbay, Teignbridge and South Devon: To continue to be the first name that comes to mind when a landlord or vendor considers letting or selling their property, offering a service so good that our customers recommend us above all others. We are the most reliable, honest, friendly and caring agent with our brand recognised by everyone who will consider us to be the 'Absolute' best.'

All of our advice is free and without obligation, so either give us a call or come and see us at our office at 13 Ilsham Road, Wellswood, Torquay for an informal chat and a cup of tea or coffee, so that we can help you with your moving or investment plans.

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Disclaimer - Property reference a1b161d4-c02b-41dd-8732-00687aa5b186. 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, 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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