INVESTMENT PROPERTY in Torquay for Sale.
Excellent opportunity to acquire this mixed use investment property located in a fabulous, much sought after location. RARELY DO FREEHOLD PROPERTIES REACH THE OPEN MARKET IN THE COMMERCIAL PART OF WELLSWOOD. EARLY VIEWING IS HIGHLY RECOMMENDED. The ground floor is held on a full repair and insuring lease for a term of 7 years from September 2013 at a rent of £15,000 per Annum. The apartment is held on tenancy and currently returns £8,000 per annum. The Premises Comprise: This is a two storey building which comprises ground floor shop which trades as a very well established patisserie with well-maintained shop frontage with large retail area, commercial kitchen, bakehouse, store and WC. Yard area to the rear. To the first floor is a quite stunning self-contained apartment which was completely refurbished in late 2015 to the very highest of standards. The apartment is accessed via a staircase leading to a sun terrace at first floor and comprises large top of the range bathroom, utility room, wide hallway off which are two double bedrooms, fabulous kitchen, large lounge.
EPC Band C.
Number of employees: