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Town Centre Retail Investment
Address
See address
Auction date
11 Jun 2026
Guide price
£150,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Ended
Description
This well-positioned retail unit is let to Sportswift Limited, trading as Card Factory, until October 2027. The property has been in operation for over 18 years and benefits from a prime location in the heart of Paignton town centre, surrounded by popular retailers such as Costa Coffee and Boots. The total floor area is approximately 153.88 sq m (1,656 sq ft) and is subjected to a renewed lease at a rebased rent of £22,000 per annum.
- Let until October 2027
- Prominent position on Victoria Street
- Approx. 153.88 sq m (1,656 sq ft)
- Tenant in occupation for over 18 years
- VAT-free investment
This investment opportunity is suitable for those looking to acquire a retail asset in a sought-after seaside location. Its prominent position and long lease term provide both secure income and potential for future appreciation.
Last update: 25 May 2026
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