Three flats for sale in Torquay near the seafront, currently fully let and generating income
Torquay, Devon
- Status
FOR SALE
- Advert ID
653838
- Reference
CD-90337 / Rightbiz
- Call Agent:
- Leasehold: £140,000
- Turnover: £22,950 (£441 per week)
- Profit: Not Applicable
Business Details
Auction Lot: 3 x Flats for sale in Torquay For Sale in Torquay
A rare opportunity to acquire three long leasehold flats as a single lot, occupying a premium and sought after corner position in Chelston, Torquay. All three flats are currently let, producing a combined income of £22,950 per annum.Our Reference: CD-90337
To be Sold by Public Auction 30 July 2026
One 3-bedroom flat and two 2-bedroom flats
Fully let producing £22,950 per annum
Long leaseholds with 161 years unexpired
Prominent corner position in Chelston
Close to Torquay seafront, Cockington village & Torre Station
Combined floor area of approximately 1,893 sq ft
EPC Ratings: D, D, D
• LH Price: £140,000
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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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Don't 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 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.
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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.
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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.'.
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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.
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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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