Summary - Unit 1,Longpark,Newton Road,TORQUAY,TQ2 7AL TQ2 7AL
1 bed 1 bath Commercial Property
**Standout Features:**
- Fully occupied small business estate with four units let to three established tenants.
- Gross rental income of £82,300 per annum (9.97% initial yield).
- Spacious area of approximately 23,680 sq ft on a 0.9-acre site.
- Historic significance with part of the property being Brunel's 1847 Atmospheric Railway Engine House, a Grade II Listed building.
- Convenient location adjacent to Lidl Supermarket, near major transport links like the A380.
**Summary:**
This remarkable commercial property in Torquay presents a unique opportunity for investors seeking robust rental income and long-term growth potential. The estate comprises four units currently leased to three well-established tenants, generating a reliable annual income near £82,300. Spanning an impressive 23,680 square feet on a sizable 0.9-acre plot, the property offers ample private parking and a strategic location just off the old Newton Road, close to major transport routes.
The historical charm of Brunel's 1847 Atmospheric Railway Engine House, complete with its iconic campanile chimney, adds a distinctive flair to this offering, enhancing both the aesthetic appeal and potential for future value appreciation. While renovations may be challenging due to its listed status, the current solid condition of the property, combined with the surrounding amenities—including retail parks and essential services—makes it an excellent choice for those looking to secure a valuable commercial asset in a thriving area.
With the property being available for the first time in three generations, this is a rare opportunity that should not be missed. Whether you're adding to your investment portfolio or seeking a stable income-generating asset, Longpark is poised for sustained growth in a bustling Torquay locale.
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