- Ground-floor retail unit, approx. 629 sq ft (58.4 sq m)
- Income producing: let until November 2028, passing rent £11,500 pa
- Freehold sale with independent electricity and water
- Rear estate-managed off-street parking for customers and occupiers
- Located in affluent residential catchment with strong pedestrian exposure
- EPC rating D; condition described as sound for continued retail use
- Only 3 years remaining on lease — lender refusal likely
- Small footprint suited to neighbourhood retail or service use
A purpose-built, ground-floor commercial unit in a busy Torquay retail parade, currently trading as a hairdressers and let until November 2028. The net internal area is approximately 629 sq ft (58.4 sq m), with a contemporary retail frontage and independent electricity and water supplies. Rear estate-managed parking provides practical customer and staff access, and the parade benefits from an affluent residential catchment and a mix of national and independent occupiers.
This is an income-producing freehold offering with a passing rent of £11,500 per annum. The location is well suited to neighbourhood retail or service operators and will appeal to buyers seeking a straightforward, let investment in a stable local trading position. The unit occupies part of a two-storey block with flats above and is described as being in sound condition; EPC rating D.
Important drawback: only three years remain on the existing lease (expires November 2028). This short lease term is material — many commercial mortgage lenders may refuse to lend or apply stricter conditions. Prospective buyers should factor in lease security, future re-letting risk, and potential funding constraints when assessing this opportunity.
Overall, the property suits an investor prioritising immediate income from a neighbourhood parade and local amenity catchment. It also offers a compact, well-located retail footprint for an owner-operator who can manage the short lease horizon and plan for re-letting or negotiation with the occupier ahead of expiry.