Torquay

Freehold Office Investment in Central Torquay. Let to Almy & Thomas Solicitors on a 5-Year FRI Lease.

The property is situated on Abbey Road, positioned at the end of the one-way system for vehicles through the town centre. The location provides easy access to the town centre and its local amenities and transport links. The area benefits from a high level of passing traffic with short stay street parking and council park, making it a well-established business location.Torquay forms part of the wider Torbay area, a popular seaside resort with a resident population of over 130,000 and strong seasonal trade. The property’s central location makes it particularly attractive to professional occupiers and investors seeking secure income with long-term redevelopment potential. 71 Abbey Road is a substantial office building arranged over basement, ground, first and second floors. The property is currently occupied by Almy & Thomas Solicitors under a full repairing and insuring lease.The property provides well-proportioned office accommodation throughout and has been adapted to suit professional office use, with meeting rooms, private offices and ancillary storage.Currently trading under Class E (Commercial, Business & Service Use) as defined under the Town & Country Planning (Use Classes) Order 2020, the property offers a strong ongoing investment but also future residential development potential (subject to planning) should the tenant vacate in the longer term.