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Our Summary
- The current set up lends itself perfectly to either retaining under one freehold as a mixed-use investment or, to split the units on separate titles to realise a potential capital uplift
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Description
The property is a mixed-use freehold investment premises located on Torbay Road, Paignton, with a retail unit and two self-contained residential apartments. The retail unit occupies 80.63m2 and is held on a 6-year Internal Repairing and Insuring Lease at £10,000 per annum. The two apartments, 73a and 73b, are separately metered and have the following layouts: 73a has a hall, bathroom, double bedroom, open-plan lounge, and fully fitted kitchen, while 73b is a maisonette with a hall, WC, double bedroom, fully fitted kitchen, and lounge, with stairs to a first-floor family bathroom and double bedroom.