2-4 Winner Street, Paignton, Devon TQ3 3BJ

A prominent Grade II mixed-use freehold investment occupying a corner position at the entrance to Winner Street, fronting the busy Totnes Road. The property comprises a ground-floor retail unit currently occupied as part of a carpeting business, together with ground and first floor commercial offices occupied by a firm of solicitors. The second floor is currently vacant. Ground & first floor offices - let to Lister Langley Solicitors at £20,000 pa till November 2029 EPC rating D Second Floor Rooms - vacant. Terms under discussion for the solicitor tenant to take this floor at an additional £5,000 pa (£25,000 per annum total) in return for a lease extension 4 Winner Street - Retail premises let to DJ Carpets at £1,200 - Holding over EPC rating C Current rent £21,200 pa, rising to £26,200 pa on completion of the second floor letting Please note the two-bedroom basement flat at 2 Winner Street is excluded from the sale and is being retained by the vendor on a new 999 year lease. The sale is conditional upon completion of that lease, with an extended completion timescale to allow for this. Full details in the legal pack. Tenure Freehold Occupancy Vacant possession upon completion Costs Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged a…

From the Network Auctions listing. Read the full listing and legal pack →