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Dartmouth Devon Freehold Apartment Complex with Nine Units and EV Parking for Sale

Dartmouth, Devon
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A wonderfully located apartment complexA wonderfully located apartment complexA wonderfully located apartment complexA wonderfully located apartment complexA wonderfully located apartment complexA wonderfully located apartment complexA wonderfully located apartment complexA wonderfully located apartment complexA wonderfully located apartment complexA wonderfully located apartment complexA wonderfully located apartment complexA wonderfully located apartment complex
  • Status

    FOR SALE

  • Date Submitted:

    29/06/23

  • Advert ID

    515821

  • Reference

    Dartside3970 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £1,995,000
  • Turnover: On request
  • Net Profit: On request

Business Details

A wonderfully located apartment complex

Dartside Court is wonderfully located, offering nine luxurious, two-bedroom freehold apartments in one of the most desirable waterside locations in Dartmouth, Devon. This purpose-built complex spans four floors and includes four garages and an additional six parking spaces with EV charging points. At the rear of the property, there is a substantial garden space for the residents, and all apartments feature full width covered balconies at the front. The property benefits from low overheads and is in very good condition, with all required certifications in place. Currently, the owners rent out some of the apartments for holiday lets, while others are reserved for key staff members. The property can be sold with vacant possession.

The location is excellent, situated in a quiet area of Dartmouth while being just a stone's throw away from the town centre, harbour, restaurants/bars, and other amenities. It is ideally located for easy access upon arriving in Dartmouth, which is part of the sought-after South Hams area. There are good public transport links to nearby towns such as Torquay, Paignton, Plymouth, and the Cathedral City of Exeter, which is home to an international airport.

For many years, the apartments have been successfully rented out as holiday accommodation, accommodating guests for stays ranging from one or two nights to several weeks. Recently, the building has been refurbished to a high standard, and due to the quality of accommodation offered, along with parking and outdoor recreational space, this property is highly sought after. The sale includes the complete freehold property and full vacant possession of any tenants, and furnishings can be included subject to negotiation.

The accommodation comprises:

GROUND FLOOR:

All the letting accommodations are comprehensively equipped and feature state-of-the-art, energy-efficient electric heating radiators. The holiday apartments have recently been decorated to a high standard. They all feature furniture and are equipped with good bathroom facilities. The high standards are complemented by up-to-date equipment, including LCD Digital Freeview TVs, tea & coffee facilities, bedside tables, chest of drawers, and wardrobe facilities. The kitchens are also comprehensively equipped.

Steps up to the:

1st FLOOR:

- Flat 1: A two-bedroom apartment with two double bedrooms, a bathroom, separate kitchen, and a separate lounge with patio doors leading to a full width covered balcony with water views.

- Flat 2: A two-bedroom apartment with two double bedrooms, a bathroom, separate kitchen, and a separate lounge with patio doors leading to a full width covered balcony with water views.

- Flat 3: A two-bedroom apartment with two double bedrooms, a bathroom, separate kitchen, and a separate lounge with patio doors leading to a full width covered balcony with water views.

Steps up to the:

2nd FLOOR:

- Flat 4: A two-bedroom apartment with two double bedrooms, a bathroom, separate kitchen, and a separate lounge with patio doors leading to a full width covered balcony with water views.

- Flat 5: A two-bedroom apartment with two double bedrooms, a bathroom, separate kitchen, and a separate lounge with patio doors leading to a full width covered balcony with water views.

- Flat 6: A two-bedroom apartment with two double bedrooms, a bathroom, separate kitchen, and a separate lounge with patio doors leading to a full width covered balcony with water views.

Steps up to the:

3rd FLOOR:

- Flat 7: A two-bedroom apartment with two double bedrooms, a bathroom, separate kitchen, and a separate lounge with patio doors leading to a full width covered balcony with water views.

- Flat 8: A two-bedroom apartment with two double bedrooms, a

bathroom, separate kitchen, and a separate lounge with patio doors leading to a full width covered balcony with water views.

- Flat 9: A two-bedroom apartment with two double bedrooms, a bathroom, separate kitchen, and a separate lounge with patio doors leading to a full width covered balcony with water views.

PARKING:

There is parking for 5-6 vehicles, including 2 EV charging stations. Additionally, at the front of the property, there are 4 garages with up-and-over garage doors, ensuring each apartment has its own allocated parking.

OUTSIDE GARDEN:

The garden is located at the rear and is substantial. It features a part-decked/astro-turf area designed to minimize maintenance and provide privacy for customers to enjoy comfortable table and chair seating. At the far end, there is a fenced-off area with a large workshop outbuilding.

BUSINESS RATES:

The holiday apartments are business-rated (6 apartments) at £6,350, qualifying for full exemption from business rates under small business rates relief. The remaining 3 apartments fall under Band B for council tax purposes. Additional information can be found on the valuation office website at www.voa.gov.uk.

PLANNING AUTHORITY:

South Hams District Council

Follaton House

Plymouth Road

Totnes

Devon, TQ9 5NE

Tel: 01803 861234

Website: www.southhams.gov.uk

SERVICES:

Mains electricity, water, broadband, and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

TENURE:

Freehold

VIEWINGS:

All viewings and enquiries are to be made through the agents, Ware Commercial.

Tel: 01803 328880 or 01392 462266

Email: [email protected]

Website: www.warecommercial.com

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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