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Holiday letting accommodation in Torquay Devon with versatile self-catering options available

Torquay, Devon
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  • Freehold: £1,100,000
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

HOLIDAY LETTING ACCOMMODATION, INVESTMENT & DEVELOPMENT OPPORTUNITY



Stunning detached VICTORIAN VILLA occupying valuable elevated 1 acre site with sea glimpses, proving very versatile, offering a range of SELF-CATERING HOLIDAY ACCOMMODATION options. Currently configured to provide spacious 3/4 bedroom 3 storey town house, 3 bedroom owners accommodation, 2 x 1 bedroom apartment, 1 x 2 bedroom apartment, and 1 bedroom garden annexe, all set within attractive leafy gardens with the added benefit of good size car park.

Situated within the affluent desirable and sought after TORQUAY coastal suburb of CHELSTON, renowned for its Victorian architecture and tree lined streets, together with its own shopping facilities. Adjoining parkland, very accessible, short walk railway station, seafront, and beaches together with numerous attractions and amenities to include cricket and rugby clubs, along with Torre Abbey Gardens with its bowls centre and tennis courts, the nearby A379 Torbay Road running around the coastline, the attractive harbour and marina only a short drive.

A property which offers a wealth of character, under current ownership the last 25 years, the subject of considerable investment, still offering new owner's further opportunities to include an additional penthouse apartment. Viewing is recommended to appreciate the size of the property, overall site, and location together with the opportunities available to new owners to include investment, development, and multigenerational living for which the property is ideally suited.

The business is currently operated on a semi-retirement basis, trading at a level to suit the lifestyle of the vendors, limited advertising undertaken, offering self-catering holiday accommodation up to 28 days, prices ranging from £80 per night for a 1 bedroom flat to £250 per night for the townhouse with minimum stays applicable. Benefiting from some long-term commercial trade out of season which proves lucrative, additional income forecast from refurbishment of 2 bedroom apartment.

Freehold OIRO £1,100,000 sav Ref: SC/INV/DEV37006N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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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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