0 bed property

The property is a mixed-use freehold investment property located on Torbay Road in Paignton. It comprises two commercial units on the ground floor, one of which is a gift shop with two residential apartments and a storage area above, and the other is an Italian restaurant. The property also includes a ground floor retail shop with a basement and two self-contained apartments above at 26-28 Torbay Road, which is let on a 20-year fully repairing and insuring lease until 2028, generating an annual income of £17,000. Additionally, a restaurant premises is located at 28 Queens Road, let on a new 15-year fully repairing and insuring lease, with an annual rent of £8,825. The property is connected to all mains services and is rated as B and A for council tax and D for EPC, respectively.