The property presents an opportunity to own a tidy mixed commercial and residential investment in a popular trading location, close to Torquay Town Centre.
Lucius Street has a vibrant mix of individual occupiers and links Torquay's principle holiday accommodation area with the town centre.
The two commercial units are of a generous size and would suit a variety of different users. 5 Lucius Street is to be sold with Vacant Possession and 3 Lucius Street subject to the current tenancy to The Bridal Box. The Bridal Box occupy under a 5 year lease from August 2021 at a passing rent of £7,500 per annum.
The residential element of the investment is accessed via the rear of the property, addressed as 12 Tor Church Road. This large first floor, two bed flat, is currently let at a concessionary rent of £450pcm and is smartly presented throughout. The flat benefits from gas central heating supplied by a valiant boiler.
This opportunity would suit a variety of investors or owner occupiers. Viewing is highly recommended and can be organised through the Sole Agents, Bettesworths.