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Our Summary
- Potential to Split the Units for Investment or Future Sale (subject to consent)
- The property offers potential for a purchaser to operate a business from the ground floor whilst residing above, or alternatively for investor/developers to separate the units and create independent rental investments
- There may also be future potential for title splitting and onward disposal of the units separately, subject to any necessary legal consents and permissions
- Both the commercial and residential elements would benefit from cosmetic improvement and modernisation to enhance overall presentation and rental appeal
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Description
The property is a freehold mixed-use unit comprising a ground floor retail unit and a separate two-bedroom first-floor flat. The retail unit, formerly a café, measures 13'9'' x 34'1'' and features a kitchen, store, WC, and doors to a rear courtyard garden. The flat, accessible via a ground floor hallway, has a lounge/diner, kitchen, two bedrooms, a bathroom, and en-suite facilities in one of the bedrooms.
The property is located on a busy arterial route in Paignton, with surrounding shops, takeaways, and service providers, and is close to the town centre, seafront, and railway station.