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Town Centre Investment comprising Ground Floor Retail Unit with spacious 3 storey Maisonette over in need of refurbishment

Potential re-devel,opment of the Maisonette into 2 flats (STP)

Offers in excess of £225,000

Size approx. 1679sq.ft. (156sq.m.)


Key features

    • Substantial Investment Premises
    • Well fitted Opticians on the ground Floor
    • Spacious 5 bedroom Maisonette over
    • Potential for re-development into 2 smaller flats (STP)
    • Potential for rental growth
    • Full details available on request

Description

An unusual opportunity to acquire the freehold of this prominent investment property in the centre of Teignmouth.  The ground floor is currently let to Bill Optical Group Ltd who are part of the Hakim Group Ltd who we understand are one of the largest Independent Opticians in the country with over 500 locations across the UK and Ireland.  On the first, second and third floors is a self-contained spacious  5 bedroomed maisonette with separate access off Station Road.  This is currently vacant and in need of refurbishment or could possibly be converted into 2 flats, subject to all the necessary consents.

Property Address

Investment Property, 25 Station Road, Teignmouth, Devon, TQ14 8PE  [Ref: 0931]

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