Mixed use investment property for sale in Paignton Devon with fully tenanted units
Paignton, DevonAsking Price: £595,000
Status:
SOLD
Date Submitted:
05/03/26
Advert ID:
3686
Reference:
WinnerStreet / Rightbiz
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Business Details
A well-maintained mixed-use investment property for sale
A well-maintained mixed-use investment property, situated in a prime location on Winner Street, Paignton, makes an ideal acquisition for investors seeking strong rental yields, while also offering potential for continued rental growth. The property comprises 4 x retail units facing the road, 6 x one-bedroom flats arranged above and behind around a courtyard, and an additional three-bedroom cottage. Fully tenanted, with its diverse mix of residential and commercial units and central location, this presents a fantastic opportunity for investors seeking strong returns with minimal involvement. Early viewing is highly recommended.
LOCATION
Location doesn’t get better than this! Located in the heart of Winner Street with excellent visibility and a constant flow of footfall. As a one-way thoroughfare, Winner Street channels traffic from Totnes Road into Paignton and provides easy access to major transport links, connecting to key cities such as Exeter and Plymouth. The street hosts a variety of independent shops and small businesses, with a large Co-op convenience store serving as a key anchor. The location is on level ground, making it a short and convenient walk to both the heart of Paignton town centre and the seafront.
BUSINESS
The property currently generates a total income of £67,800 per annum, with further potential for rental growth. All units are fully tenanted, with the retail units independently supplied for, electricity and water, and the flats equipped with individual electric and water supply. The landlord maintains the electricity for communal areas and fire alarms. The main building has been fully re-roofed within the last five years and has been carefully managed, benefiting from an ongoing maintenance program that includes new double-glazed windows. With its strong income, fully tenanted status, and well-maintained condition, the investment offers hands-off involvement for the landlord.
RETAIL UNITS
101 Winner Street
Internal Area Approx. 26m2 (280 sq ft).
Trading as Supa Dopamine Deli.
103 Winner Street
Internal Area Approx. 23m2 (248 sq ft).
Trading as T & E Hairdressers.
105A Winner Street
Internal Area Approx. 37.8m2 (406 sq ft).
Trading as O’Neill & Holman Decorators.
105 Winner Street
Internal Area Approx 30.25m2 (325.60 sq ft)
Trading as The Barbers Lounge.
RESIDENTIAL ACCOMMODATION
Flat 1
A split level one bedroom flat. Ground floor access, outside door to yard.
Flat 2
A one bedroom first floor flat.
Flat 3
A one bedroom first floor flat, with independent gas supply.
Flat 4
A one bedroom, split level first floor flat.
Flat 5
A one bedroom second floor flat.
105B
A one bedroom first floor flat, with independent gas supply.
The Cottage @ 105 Winner Street. A 3 bedroom independently accessed from the courtyard cottage. Independent gas supply.
FIXTURES & FITTINGS
The sale includes all trade fixtures, fittings, equipment, land, and buildings, except for the vendor’s private inventory. A full inventory will be provided prior to exchange of contracts.
SERVICES
The property is connected to mains electricity, gas, water, and drainage. No testing of these services has been undertaken by the agents.
VIEWINGS
All viewings and enquiries through Ware Commercial:
Tel: 01803 328880
Email: [email protected]
Website: www.warecommercial.com
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