Summary - MAINLINE GIFTS, 14, TORBAY ROAD TQ4 6AF
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime location on Torbay Road, connecting town center to the seafront.
- Freehold investment opportunity with a 5-year FRI lease starting from 2024, generating an annual rent of £12,250.
- Historically successful café space with a well-utilized layout featuring internal seating for 30 covers, kitchen, storeroom, customer toilets, and basement storage.
- Excellent foot traffic from tourists and locals, especially during peak seasons.
**Notable Concerns:**
- The lease has 5 years remaining, which may deter certain mortgage lenders.
- The crime rate in the local area is very high.
**Summary:**
Discover this enticing commercial property located at 14 Torbay Road, a hot spot in Paignton, ideal for savvy investors or owner-operators looking to capitalize on its prime position. This freehold property benefits from a generous ground floor and basement layout, previously thriving as a café, with potential for diverse commercial uses. The unit enjoys easy access to the bustling seafront and the vibrant retail heart of the town, making it perfect for attracting year-round foot traffic from both tourists and local residents.
With an annual rent of £12,250 secured on a 5-year lease, this is a golden opportunity for those seeking a reliable investment. However, potential buyers should consider the short lease term and local area concerns, including high crime rates, when making their decision. This property promises a unique venture in a competitive market—don’t miss your chance to claim a piece of Paignton’s thriving commercial scene!
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