This mixed-use property presents a dual investment opportunity with both retail and residential components. Located on Middle Street in Brixham, it benefits from a prime position within a thriving independent retail parade, providing excellent foot traffic especially during the summer months when tourist activity increases. The ground floor is currently leased to a local art gallery generating an annual income of £6,000 through a rolling lease.
Above the retail unit, the three-bedroom maisonette offers potential for value enhancement through modernization. Although currently vacant, this space spans across the first to third floors and would benefit significantly from updating to attract new tenants or owner-occupiers looking for residential comfort combined with convenient access to local amenities and transport links.
The property's configuration includes a spacious living room, kitchen, two bedrooms, a bathroom, and an attic conversion that serves as a master bedroom with unique character despite some limitations in head height. The presence of UPVC double-glazed sash windows ensures ample natural light throughout its upper levels.
With refurbishment work needed primarily in the residential part of the property, investors have an opportunity to create desirable living spaces while benefiting from ongoing rental income from the commercial front. This asset holds promise for those seeking to capitalize on both commercial and residential rental markets in a sought-after location.
