Substantial Mixed Investment in Teignmouth

RAT

£1250000

Business Type

Tenure

Key features

  • Mixed Investment
  • G/F Retail let to Ladbrokes + local trader
  • 12 Self-contained apartments over
  • Gross rental £97,100
Substantial Mixed Investment Property With Contractual Income Of £97,100 in Teignmouth

More details

Location

Teignmouth lies on South Devons glorious coast some 9 miles North of Torquay 6.5 miles west from Newton Abbot and 15 miles north from the city of Exeter.

Teignmouth is a popular coastal and seaside town with and active fishing and commercial port with an estimated resident population of around 15,000, the population is swelled by seasonal migration of holiday makers.

As with nearby Torquay the arrival of the Railway in the mid 1800’s saw the town develop and there are excellent road and rail communications with access to the M5 motorway and International Airport at Exeter

The return frontage to Holland Road runs up to the main arterial A379 and mainline station whilst a short walk in the other direction you soon find the beach.

Description 
The property occupies a prominent position overlooking the pedestrianised piazza style area known as The Triangle, in central Teignmouth. Regent street is the continuance of Wellington Street, the prime pitch where Boots, Peacocks, WH Smith and Subway to name a few are represented.

Offering a substantial income this is a rare opportunity to purchase such a prominent building and viewings are advised to fully appreciate the proposition available

See BROCHURE for accommodation and summary of tenancies.

VAT : All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

Legal Costs : Each party to be responsible for their own legal costs incurred.

Viewing – Contact sole agents Waycotts

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