Initial price	£320,000
05/02/25	£300,000
Price Change	-6.25%

This mixed-use investment property is located in the heart of Torquay's town centre, directly opposite the popular Fleet Walk Shopping Centre. The property comprises a ground-floor catering unit, currently let to a noodle bar operator on a 7-year lease, and a 3-bedroom flat above, which is currently let to a tenant on an Assured Shorthold Tenancy. The flat benefits from a private patio courtyard and has a passing rent of £675 per month. The property is situated in a high footfall area, with many locals and tourists walking past the property all year round. The freehold is being offered for sale, subject to the commercial lease and the assured shorthold tenancy. The property has a commercial unit with a rateable value of £12,750 and a residential accommodation with a council tax band of B. Viewings are highly recommended.