15-21 East Street
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- Freehold Investment
- Producing £13,550 pa
- 3 Ground Floor Shops Currently Let to Established Businesses
- 5 Flats Sold on Long Leases with Ground Rent
- Flat Available to Purchase
- Service Charge in Operation
Description
Situation and Description
A compact commercial investment property comprising of 3 retail units, all let to established local businesses. The upper floors have been converted to 5 self contained apartments with 3 flats over 19 & 21, known as 19a, and two over 15, known as 17.
The vendors recently acquired flat 2 at 17 East Street and refurbished it, including adding a balcony outside space. At the moment this unit is empty and available to purchase in addition to the freehold , either vacant or tenanted if required. We also are aware that the owner of Flat 1, 17 East Street is also looking to sell following the recent departure of their tenant.
Service Charge, Insurance and VAT
Both the commercial and residential properties are required to pay a Service Charge and contribute to Building Insurance costs under the terms of their Leases
Waycotts currently manage this property and as at August 2025 we can report that there are no arrears in service charges. Further details are available.
We understand from our clients the building has not been elected to VAT.
Viewing strictly by prior appointment contact
Nick Wheeldon MRICS or
Brochures
15-21 East Street
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Torre Station0.4 miles
- Torquay Station0.7 miles
- Paignton Station2.7 miles
Notes
Disclaimer - Property reference WAYCOTTS-4910. 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.
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