Brixham

Mixed-Use Property with Retail Investment and Residential Project. Ground Floor Shop Let at £6,000 Per Annum.

The property is situated along Middle Street in Brixham, forming part of a well-established independent retail parade off the main high street. This secondary trading position benefits from its links to both the high street and harbourside making it a busy location, especially in the summer months with the addition of tourists. Its proximity to the town centre ensures access to a range of amenities, transport links, and services, making it an appealing spot for independent retailers and service providers.  The residential accommodation above benefits from an elevated position with pleasant outlooks across Brixham Valley, enhancing its appeal for owner-occupiers or tenants seeking a balance of convenience and outlook. This mid-terraced mixed-use property comprises a ground floor retail unit with ancillary accommodation to the rear, alongside a self-contained three-bedroom maisonette accessed via a side passageway. The shop is currently let to a local art gallery on a rolling two-month lease, producing £6,000 per annum. Internally, it is arranged with a front retail area and rear storerooms and staff facilities, making it suitable for a range of commercial uses.  The residential element is arranged over the first, second, and third floors and is currently vacant, having been previously tenanted. The flat requires refurbishment, presenting a strong opportunity for purchasers to enhance value through modernisation and reconfiguration.  The upper floors are well-proportioned and benefit from UPVC double glazed sash windows to the front, allowing for good natural light and attractive views.The third-floor attic conversion provides a generous master bedroom, albeit with some restricted head height, offering character and additional space.  Overall, the property represents an excellent opportunity for investors or owner-occupiers seeking a mixed-use asset with income and asset management potential.