Prime freehold investment property for sale by private treaty. The premises comprises one solid brick retail shop with rear pedestrian access to Bristol Road located in the heart of the Gilbert Street commercial precinct.
Securely leased as a Newsagency in close proximity to Torquay Post office, Pharmacy, four banks and two supermarkets, the locality has the benefit of two extensive public car parks.
Torquay is a fast expanding residential surfing town with ever increasing demand and is fortunate to benefit from an exceptionally strong tourist trade. The Gilbert Street shopping precinct is located by the beach with a strong local following in the original village location. This property has been in the one ownership for 44 years and presents a golden opportunity to gain a foothold in this prominent location.
