FOR SALE
15/01/24
605068
ShelleyCourt / Rightbiz
Probably one of the best development opportunities for years has now come to the market in the sought-after coastal town of Torquay. This substantial former 26-bedroom hotel site occupies a commanding central location and benefits from stunning sea views and it’s only a short stroll away to town centre, harbour and beach front. The building has undergone significant alteration and extensions over many decades, including a three-storey extension to the southern elevation and the size of the site is approx. 1/2 acre. The immediate tree lined road leading to the site is occupied by many high-end boutique hotels and whilst situated in a quiet area, it’s only a stone throw from the bars, restaurants, theatre, and marina.
The site entrance is on Croft Road in the heart of Torquay and benefits from direct access to large Sheddon Hill car park, which in turn has easy access to the seafront promenade from the bottom of the garden.
The site also benefits from two entrances and a separate cottage with large gardens having direct access to the sea front. Early viewings are highly recommended.
The location is ideal to access all main road links and both the bus and train terminal are walking distance away. The local amenities, town centre and seafront are only a few hundred metres away, which makes this location so unique.
PLANNING
The current planning is for a hotel with owners’ accommodation (C1 planning class)
PLANNING HISTORY
P/2019/0337: Change of usage to create 10 apartments. Approved 18.10.2019.
P/1999/0334: Installation of pvc windows and formation of roof terrace.
Approved 30.04.1999.
P/1998/0819: Alterations and erection of extension to bar lounge. Approved
10.07.1998.
P/1990/2023: Alterations and extensions to form covered pool and function room, additional accommodation and facilities and increase in parking. Approved 14.03.1991.
P/1990/2084: Demolition of parts of building. Approved 14.03.1991.
P/1986/2433: Alterations/extensions to staff/storerooms to form owners
accommodation. Approved 19.12.1986.
P/1982/1708: Illuminated AA and RAC signs. Approved 31.08.1982.
P/1979/1890: Provision of a fire escape. Approved.
P/1978/2697: Additional bedrooms. Approved
SERVICES
Mains gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.
BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief)
TENURE
Freehold (unconditional offers)
VIEWINGS.
All viewings and enquiries are to be made through the agents;
Ware Commercial
TEL. 01803 328880 or 01392 462266 Email. [email protected] www.warecommercial.com
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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