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Torquay TQ1 Mixed use for sale
Torquay TQ1
£270,000
Torquay TQ1
£270,000
Our Summary
- High Yield Investment Opportunity - 13
Description
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Here is a summarized version of the property description in a single paragraph:
A substantial freehold property in Torquay's town centre is available for sale, comprising a licensed six-bedroom HMO and a ground-floor retail unit. The retail unit is currently let on a 12-month lease at £4,800 per annum, while the HMO has been renovated to a good standard and generates a gross rental income of £34,612 per annum when fully let. The property has a rich history, with the retail unit eligible for 100% Business Rate Relief for Small Businesses, and the HMO listed on the public register for HMOs. With a total rateable value of £5,600, this property presents a unique investment opportunity in a prime location. Early viewing is highly recommended.