Investment Properties for sale in Torquay

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I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Freehold Price: £215,000
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Business Description
A centrally located three storey apartment complex only 5 min walk from seafront, Torquay. Comprising of 3 x one bedroom flats, 1 x studio flat and 1 x 2 bedroom flat. All serviced by an integrated fire alarm system, fully managed and also generating a high impressive annual income. Early viewings are highly recommended....

LOCATION
Centrally located on South Street, which leads into Torquay and to the seafront It is only a few minutes’ walk to beach, marina, harbour and town centre, together with easy access to local train and bus station. Ideally situated to take advantage of fine restaurants, continental café scene, Princess Theatre with many West End shows throughout the year, and very close to Torquay’s conference centre facilities.

ACCOMMODATION
This investment is fully managed by a local reputable agent and successfully for many years. Income from the individual flats are approximately as follows;
3 x One bedroom flat £400 per calendar month exclusive
1 x Two bedroom flat £510 per calendar month exclusive
1 x Studio flat £390 per calendar month exclusive
Together producing and income when all occupied at £25,000 before expenses.

SERVICES
We are advised that the property benefits from the following: mains electricity, mains gas, mains water supply, none of these services have been tested by the agents Ware Commercial.

RATEABLE VALUE
Please make your own enquiries on the local Valuation Office Agency on the Valuation Website (VOA) at www.voa.gov.uk.

TENURE
Freehold

VIEWINGS.
All viewings and enquiries are to be made through the agents Ware Commercial.
TEL. 01803 328880 Email. info@warecommercial.com www.warecommercial.com
Tenure: Freehold

Listed by: Ware Commercial
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SOUTH3438
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