Summary - 122-126 Union Street,TORQUAY,TQ2 5QB TQ2 5QB
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime town center location on Union Street, Torquay
- Salary: £58,000 per annum with a new 10-year lease starting February 2025
- Recently refurbished, attracting high traffic with significant investment in the Cue Sports Academy venue
- Sizable commercial space spanning approximately 12,874 sq ft, ideal for substantial business operations
- Surrounding area densely populated with a mix of retailers and leisure operators
**Potential Downsides:**
- Located in an area with very high crime rates
- Overall area classification shows high levels of deprivation
**Summary:**
This lucrative commercial property, prominently situated on Union Street, offers a fantastic investment opportunity with a steady annual income of £58,000 secured by a new long-term tenant until 2035. The Cue Sports Academy, specializing in pool, snooker, darts, and live sports, is fully refurbished, boasting high-quality finishes and extensive facilities, including a licensed bar. The vibrant town center location not only ensures high visibility but also benefits from a constant influx of foot traffic, surrounded by popular retailers and essential services.
While the area does face some challenges, including a higher crime rate and socio-economic concerns, the investment promises strong seasonal trade and growth potential, particularly given the thriving local economy. Don’t miss out on this exclusive commercial investment opportunity in one of the English Riviera’s busiest districts—properties of this quality and income potential are rare and in high demand.
Commercial property for sale in Torquay, TQ1 — £200,000 • 1 bed • 1 bath • 3281 ft²
High street retail property for sale in Strand, Torquay, Devon, TQ1 — £1,500,000 • 1 bed • 4 bath
Commercial property for sale in Torquay, TQ2 — £175,000 • 1 bed • 1 bath • 2109 ft²
Commercial property for sale in Torquay, TQ2 — £250,000 • 1 bed • 1 bath
Mixed use property for sale in 19 Lucius Street, TQ2 — £250,000 • 1 bed • 1 bath • 996 ft²
Mixed use property for sale in 123 Union Street, TQ1 — £135,000 • 1 bed • 1 bath • 356 ft²
