Sea View Commercial Property with 20 Bedrooms for Sale in Torquay Devon at £795,000
Torquay, Devon
- Status
FOR SALE
- Date Submitted:
13/07/23
- Advert ID
516580
- Reference
bramptoncourt / Rightbiz
- Call Agent:
- Freehold: £695,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
A Commercial property in an excellent location
A fantastic opportunity to acquire a successful operated 20-bedroom business with breath-taking sea and coastal views over Torbay. The property would suit a multitude of uses from HMO, self-contained holiday lets to a residential development. This property is set within substantial grounds and parking which has been designated for residential development by the local planning authority and benefits from a commanding/elevated position. This affluent tree lined immediate area enjoys good sale values and we envisage a tremendous scope for uplift with the right development plan. The vendors would consider both outright and subject to’ planning sale and early viewings would be highly recommended.
LOCATION
The location of this site is only approximately 500m from local amenities, restaurants, bar, town center and sea front but enjoys tranquility because being situated within a residential area. The area is served well by local bus service, main bus-station, two railway station together with main arterial roads nearby.
PLANNING
Recently a change of usage was granted as follows:
Town and Country Planning Act 1990
Change of usage from C1 (hotels) to sui Generis (student residence)
We the agents have been informed that a redevelopment to residential would be in line with planning objective
Update ; Planning approved - Change of use from student residence (Sui generis) to form 14 supported living accommodation units. Demolition of conservatory and replacement with single story extension. https://publicaccess.torbay.gov.uk/view/applicationDetails.do?keyVal=QUXRFVQIL7Q00&activeTab=summary
Local planning authority
Address: Torbay Planning Authority, Town Hall, Castle Circus, Torquay TQ1 3DR
Tel: 01803 210 210
TENURE
Freehold
PRICE
£695,000
LEGAL COSTS
Each party are to bear their own costs incurred in any transaction.
FIXTURES AND FITTINGS
The property is to be sold with Vacant Possession.
SERVICES
Mains electricity, gas, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents, Ware Commercial
BUSINESS RATES
Please make your own enquiries on the local Valuation Website (VOA) at Valuation Office Agency
VIEWINGS
All viewings and enquiries to be made through the agents Ware Commercial
Tel: 01803 328880
Email: [email protected]
Website: www.warecommercial.com
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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Send a test amount before you consider handing over a large amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
