41 Abbey Road, Torquay, Devon TQ2 5NQ

For sale by Auction on 25 June 2026.
Offered in partnership with Charles Darrow

A freehold mixed-use investment property situated in Torquay. The property is arranged over three floors and comprises a ground floor retail unit, a first floor one-bedroom flat, and a lower ground floor two-bedroom flat. All three units are currently let, providing a combined gross rental income of £22,260 per annum.

The ground floor retail unit is occupied by Carters Stores, a local business that has traded from these premises since at least 2006. The business operates under a 3-year rolling commercial lease. The stockroom is located at the rear of the ground floor.

Flat 1 is a self-contained one-bedroom flat occupying the first floor, with independent access. Flat 2 is a self-contained two-bedroom flat on the lower ground floor, with independent access and a private garden to the rear.

Ground Floor — Shop / Retail Unit Total ground floor area approximately 343 sq. ft. 2 x rear stock rooms, store cupboard
Current rent £500 per calendar month
First floor 1 bedroom flat approximately 555 sq.ft. comprising living room, kitchen, bedroom, bathroom
Current rent £595 per calendar month
Council Tax Band A
Lower ground floor 2 bedroom flat comprising living room, kitchen, 2 bedrooms, bathroom, private garden
Current rent £760 per calendar month
Council Tax Band A

Note Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure: Freehold

EPC Rating: D D D

Terms:
Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of £2,100 inc. VAT

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.