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Regent Street, Teignmouth, TQ14

Key features

  • MIXED COMMERCIAL/RESIDENTIAL PREMISES
  • WELL PRESENTED AND WELL POSITIONED IN A TOWN CENTRE LOCATION
  • CLOSE TO TEIGNMOUTH SEAFRONT, RAILWAY STATION AND IN A POPULAR AND WELL ESTABLISHED PART OF THE TOWN
  • OFFERING AN EXCELLENT INVESTMENT OPPORTUNITY
  • COMPRISING OF TWO COMMERCIAL UNITS WITH LONG STANDING WELL ESTABLISHED BUSINESSES
  • THREE APARTMENTS WITH INDEPENDENT ACCESS (TWO WITH TWO BEDROOMS AND ONE WITH ONE BEDROOM)
  • OFFERING A GENEROUS YIELD AND COMPLYING WITH MODERN REGULATIONS

Description

An opportunity to acquire a mixed commercial/residential premises. Well presented and well positioned in a town centre location close to Teignmouth seafront, railway station and offering an excellent investment opportunity.

Comprising of two commercial units with long standing well established businesses along with three apartments (two with two bedrooms and one with one bedroom).

Situated on Regent Street which is a popular and well established part of the town with a number of independent shops and cafés. The apartments have independent access and are conveniently positioned within walking distance of all local amenities.

Briefly comprising…

COMMERCIAL UNITS

Access from Regent Street are two independent commercial premises with window frontage to Regent Street, one is currently run as a café with the main trading area, kitchen, access to a rear courtyard and WC. The other is currently trading as a retail premises with trading area and workshop to rear.

THE APARTMENTS

With independent access to a communal hallway with doors to two, two bedroom apartments and one, one bedroom apartment, all with long standing tenants.

This opportunity offers a generous yield and complies with modern regulations.

COUNCIL TAX BANDINGS: All flats are Band A. Two shops are on Business Rates as follows: Number 12: £3900 and Number 12A: £6900.

EPC RATINGS: Flat 1: D, Flat 2: D, Flat 3: D. Commercial Unit Number 12: B. Commercial Unit Number 12A: C

Brochures

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COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Regent Street, Teignmouth, TQ14

Approximate location

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Affordability

Monthly repayments£2,132
Property: £ 425,000
Deposit: £ 42,500
Interest rate: 5.33%
Term: 30 years
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Extension potential
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About Dart & Partners, Teignmouth

12 The Triangle, Teignmouth, TQ14 8AT
Industry affiliations:

Established in 1971 Dart & Partners is a privately owned, independent estate agent, with offices in Teignmouth, Dawlish & Shaldon, Devon, and a London office in the heart of the West End.

Our success is built on professionalism, confidentiality, and discretion, reflected in the high percentage of return business.

We pride ourselves on our reputation and have traded locally for over two generations.

We employ a team of dedicated staff who know their market and their roles inside out, ensuring the best level of service for buyers, sellers, landlords, and tenants

Here at Dart & Partners, we believe that no other estate agent can offer such personal service with the peace of mind that comes with more than 50 years of experience.

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Disclaimer - Property reference 87c1bf55-d5f1-4944-8dfc-1003f0981e0d. 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 Dart & Partners, Teignmouth. 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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