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16-16a Lucius St 1,115 sq ft 100% Let Retail Property Torquay TQ2 5QB £250,000 (£224.22/sq ft)
Investment Highlights
- Rear garage parking (4 vans / up to 6 cars)
- Freehold mixed-use investment
- Separate residential entrance
Executive Summary
A freehold mixed-use investment comprising a ground floor retail premises with ancillary lower ground accommodation and rear garaging, together with a self-contained one-bedroom first floor flat. The property provides income potential from both commercial and residential elements and benefits from rear access and parking/garage provision. The business trading from the premises is not affected by the sale.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,115 sq ft
Costar Property Class
C
Year Built
1950
Price
£250,000
Price per sq ft
£224.22
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.28
Total Plot Size
0.02 ac
Parking
6 Spaces (5.38 Spaces per 1,000 sq ft Leased)
Amenities
- Security System
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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16-16a Lucius St
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