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Our Summary
- For sale by Public Auction on the 11 December 2025 at Virtual Livestream Online Auction
- A vacant one bedroom first floor flat and a vacant second floor two bedroom flat, both accessed via a secure entry phone system, along with a large rear storage area with natural light offering the potential, subject to any requisite consents, for the provision of further accommodation
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Description
A unique opportunity to acquire a three-storey mixed-use property in Torquay, a popular holiday destination, is being sold by public auction on October 23, 2025. The property currently generates an income of £6240 per annum from a rolling assured shorthold tenancy for the self-contained ground floor office. The upper floors feature a vacant one-bedroom flat and a vacant two-bedroom flat, both with potential for further development, subject to necessary consents.
The property benefits from individual metering for utilities, gas central heating, and double glazing. Situated on Union Street, the property enjoys a prominent position in a thriving retail area with on-street parking and nearby public car parking facilities. The property requires renovation and is being sold freehold, with a guide price of £175,000.
Viewings are strictly by prior appointment.