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Teignmouth
A substantial and well located Grade ll Listed Investment property in the centre of Teignmouth with Development potential (STP)

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Offers in the region of £600,000

Size approx. 7158sq.ft. (665sq.m.)

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Key features

Substantial town centre Grade ll Listed property
Currently tenanted by Doctors surgery on 3 floors
2 two bedroom flats above in need of modernisation
Current rental income of £68,300 pa in total
Development potential subject to planning consent etc

Description

An opportunity to acquire this substantial mid-terraced freehold Investment property in the centre of the popular coastal town of Teignmouth, in a mixed commercial and residential area. The property comprises a Doctors Surgery on the Lower Ground, Ground & First floors, with a 2 bedroom flat on each of the Second and Third Floors. The premises are currently fully let, but may have future development potential, subject to the necessary consents.