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North Devon

01271 321122

South Devon

01626 330022


34-36 Torwood Street, Torquay, Devon, TQ1 1EB

Freehold

£375,000 Guide Price

File Number: CD-90055

Contact Photo

James Sanders
Associate Director

T: 01626 330022
M: 07599 016151

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Summary

  • Period terraced property in a prominent town centre location
  • Ground floor restaurant & managers flat on new 7 year lease
  • 2 x 2-bed self-contained flats all let on AST agreements
  • Combined annual rental income £43,200
  • Well maintained throughout
  • Close proximity to the Hampton by Hilton development site
  • For sale by public auction on 28th February 2019

Opportunity

Torwood Street investment is located in a popular area of Torquay just a minutes' walk from the harbourside benefitting from a range of complimentary traders along with the Torwood Street development which is seeing a £32 million redevelopment including offices, retail and Hampton by Hilton.

Torquay is one of three main towns making up Torbay and the English Riviera and lies 22 miles south of the county capital and cathedral city of Exeter and 38 miles from Devon's largest city Plymouth, adjoining the neighbouring town of Paignton on the west of the bay and across from the fishing port of Brixham.

Torbay is particularly well known for being an outstanding tourist destination and business centre. Torbay has seen a huge investment recently culminating in increased transport links to Newton Abbot as part of a wider re-generation program which has seen a hive of activity from single to multiple operators now looking in the area.

For sale by public auction on 28th February 2019