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Auction Lot: Mixed-use Investment Property - Paignton Devon, Devon

Guide Price
£350,000

Business rates & charges may apply

Charles Darrow, Devon
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SECTOR

Mixed use property for sale

Key features

  • Our Ref: CD-90331
  • To be sold at Auction 28/05/2026 9am
  • Prominent Grade II mixed use freehold investment property
  • Comprising ground and first floor offices (second floor vacant, previously used as a 5 bedroom HMO), ground floor retail unit, 2 bedroom flat with courtyard
  • Current rent £36,800
  • Potential rent £66,800

Description

• FH Price: £350,000 Guide Price
A prominent Grade II mixed-use freehold investment occupying a corner position at the entrance to Winner Street, fronting the busy Totnes Road. The property comprises a ground-floor retail unit currently occupied as part of a carpeting business, together with a self-contained two-bedroom basement flat accessed via a private gravelled courtyard to the rear. The ground and first floor are commercial offices occupied by a firm of solicitors. The second floor is currently vacant formerly utilised as a 5 bed HMO.

Winner Street is an established secondary retail pitch serving an extensive residential catchment just outside Paignton town centre, with a broad mix of independent traders and professional occupiers.

Basement Flat, 2 Winner Street - current rent £9,600 per annum EPC rating E
Ground & first floor offices - currently rented to Lister Langley Solicitors at £20,000 per annum till November 2029 EPC rating D
Second Floor Rooms - Vacant, formerly used as a 5 bedroom HMO - estimated rent £30,000 per annum
4 Winner Street - Retail premises currently let to DJ Carpets at £7,200 - Holding over EPC rating C

LINK - sq_j6f3-280526/for-auction-paignton

Brochures

Auction Lot: Mixed-use Investment Property - Paignton Devon, Devon

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Paignton Station0.3 miles
  • Torquay Station2.3 miles
  • Torre Station2.9 miles

About Charles Darrow, Devon

12 St. Pauls Road, Newton Abbot, Devon, TQ12 2HP

Charles Darrow was established by Jon Clyne and Paul Heather as an opportunity to use their extensive knowledge and experience to create a commercial property agency that is straight-talking and offers a more personal service. After many years working in a corporate environment, they found, that following the recession less staff and increased caseloads meant it was not possible to give people the best service.

Notes

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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 Charles Darrow, Devon on 01626 242917.

*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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