Paignton TQ3 Mixed use for sale

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Paignton TQ3 Mixed use for sale

Paignton TQ3
£325,000

Price History

Initial price £340,000
08/04/25 £325,000
Price Change -4.41%

Description

This mixed-use investment property in Paignton, Devon, offers a unique combination of commercial and residential units. The property is situated on Torquay Road, a busy main road connecting Paignton and Torquay, and is surrounded by a parade of independent and national retailers. The property is arranged as two commercial units, a one-bedroom flat, and a three-bedroom flat, all of which can be accessed via the front and rear of the property. The commercial units are let to separate tenants, with one unit having a rolling monthly lease and the other having a new 7-year lease. The flats are vacant and would benefit from renovation. The property is available freehold, subject to the occupational leases of the shops and vacant possession of the flats. With a strong demand for retail units in the area, this property presents an excellent investment opportunity for those looking to capitalize on the thriving commercial scene in Paignton.