### Key Features:
- **Mixed-Use Freehold Investment**: Combination of commercial and residential units.
- **Prime Location**: Situated on busy Torbay Road, linking town center to seafront.
- **Income Generation**: Current combined income exceeds £29,000 per annum.
- **Established Retail Tenancy**: Ground floor unit let to a reputable business at £14,000 annually.
- **Two Residential Flats**: One flat at £600/month; a spacious maisonette at £695/month.
- **Renovation Potential**: Period property ready for updates and enhancements.
- **Strong Local Amenities**: Close to various shops, eateries, and transport links.
- **High Demand Area**: Attractive to both families and investors due to location.
This mixed-use property on Torbay Road in Paignton presents a fantastic investment opportunity. With a vibrant retail unit generating a steady annual income, alongside two fully-let residential flats, this property is perfectly positioned to benefit from the area's bustling commercial scene and proximity to the seafront.
The ground floor retail space, leased to an established business, adds immediate income while maintaining a pivotal presence in a high-traffic area. The apartments provide comfortable living spaces, ideal for rental, each with reliable tenants.
Potential buyers should recognize the renovation opportunities in this Victorian-style terrace, ready to be transformed into contemporary spaces to further enhance value. With most local amenities just a short walk away and excellent transport links, this property is an exceptional blend of comfort, functionality, and profitability—perfect for investors or families seeking a strategic location.
Don’t miss out on this unique opportunity to own a versatile and income-generating asset in a sought-after area that continues to draw interest from residents and visitors alike.
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