Market Street, Brixham, TQ5 5 bed property for sale

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Market Street, Brixham, TQ5 5 bed property for sale

Market Street, Brixham, TQ5
£420,000

Our Summary

  • We are pleased to present a unique investment opportunity in a prime town centre location, offering four self-contained apartments and two spacious garages/stores
  • The remaining garage/store is currently vacant, offering flexibility for potential alternative use or further rental income
  • A unique investment opportunity

Description

This unique investment opportunity in a prime town centre location offers four self-contained apartments and two spacious garages/stores, situated close to the harbour and local amenities. The four apartments are currently occupied with assured short hold tenancies, ensuring a steady rental income stream, while one of the garages/stores is leased on a long ten-year agreement, providing additional stability. The property is being sold freehold, with an estimated yield of 9%, making it a compelling opportunity for investors seeking a lucrative asset in a thriving and convenient location. With the potential to generate more revenue by creating separate leases for the individual apartments and garages, this property offers flexibility and a strong return on investment.