Initial price	£295,000
22/01/25	£285,000
Price Change	-3.39%

This substantial freehold property is situated in the heart of Torquay's town centre, offering a unique mixed-use investment opportunity. The ground floor is currently let to a new tenant on a 12-month lease for £4,800 per annum, while the first and second floors are a licensed six-bedroom HMO, producing a gross rental income of £34,612 per annum. The HMO has been renovated to a good standard and is managed well by the current owner. The property is offered for sale as a going concern investment, with early viewing highly recommended. The commercial unit is eligible for 100% Business Rate Relief for Small Businesses, and the HMO is listed on the public register for HMOs.