Initial price	£150,000
04/04/24	£140,000
Price Change	-6.67%

This property presents an attractive investment opportunity with a generously proportioned commercial unit and a potential residential apartment located in a prime location in Chelston. The commercial unit is expected to fetch £650 per calendar month and the residential apartment can command £700 per calendar month, based on the provided floor plan. The property has seen initial refurbishment works completed, and only second fixings are needed for customization. The rear portion of the residential apartment offers outdoor space that can be used as an off-road parking area, subject to obtaining necessary permissions and consents. The property is situated in a busy parade of old mill shops and benefits from a highly populated residential area and proximity to local amenities, including Cockington primary school, Torquay seafront, and a nearby train station. The property is titled freehold and has a rateable value of £4,050.