Summary - 128a, Queen Street, NEWTON ABBOT TQ12 2EY
5 bed 4 bath Not Specified
Large retail unit, two flats and parking — multi-income investment opportunity.
Prominent town-centre Victorian corner building with strong street frontage
This substantial mixed-use building on Queen Street combines a large ground-floor retail space with multiple lettable units, presenting clear income and occupational flexibility for an investor or owner-occupier. Two self-contained apartments are already fitted with modern kitchens and electric shower rooms, and the prominent shopfront benefits from high ceilings and strong street visibility in Newton Abbot town centre.
The ground floor offers a generous shop floor, storerooms, office and two further commercial rental spaces, plus separate access points that would suit multiple tenants or a single larger operator. External iron gates lead to a paved rear yard with secure off-street parking for 3–4 cars — a rare asset for town-centre premises and useful for staff or tenants.
Notable positives include the building’s size (approximately 3,355 sq ft), mixed-income potential and excellent mobile and broadband connectivity. However, the property is leasehold, located in an area described as deprived with higher local crime levels, which may influence tenant demand, insurance costs and mortgage availability. The commercial spaces may also need updating to suit different trades or modern retail standards.
This property suits buyers seeking multi-income commercial-residential investment, or a business wanting prominent retail frontage with ancillary accommodation. Prospective purchasers should allow for active asset and tenant management, and check leasehold terms and any retrofitting or security improvements required given the location.
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