Torquay TQ2 Mixed use for sale

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Torquay TQ2 Mixed use for sale

Torquay TQ2
£175,000

Price History

Initial price £180,000
17/12/25 £175,000
Price Change -2.78%

Description

This mixed-use property in Torquay's Chelston district offers a unique investment opportunity. The ground floor retail unit is long-term occupied by a pharmacy, serving a dense local population, while the two-bedroom maisonette above is currently vacant and awaiting refurbishment. The property benefits from a large terraced garden at the rear, perfect for garaging or workshop construction. The retail unit is let on a 5-year lease with a current rent of £6,500 per annum, carrying Full Repairing and Insuring liabilities on the tenant. The maisonette, meanwhile, is being sold with vacant possession, offering the new owner the opportunity to add value through renovation. With its prime location near a Morrisons Daily Convenience Store, fish & chip shop, Post Office, and public house, this property presents a solid investment opportunity for those looking to capitalize on its commercial and residential potential.