19-Bed HMO with Owners Accommodation for Sale in Paignton, Devon Near Beaches and Attractions
Paignton, Devon
- Status
FOR SALE
- Advert ID
658825
- Reference
CD-20159 / Rightbiz
- Call Agent:
- Freehold: £699,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Seaside Town 19 Bed HMO with Extensive Owners Accommodation For Sale in Paignton
Adelphi Road is situated just a short walk from the beautiful sandy beaches of one of the jewels in the English Riviera’s crown.Paignton is part of Torbay and is particularly well known for being an outstanding tourist destination with attractions such as beautiful beaches, a traditional harbour and pier and Paignton Green which is the location of many of Paignton’s annual events, including the Torbay Air Show and Regatta.
Torbay has seen a huge investment program in recent months culminating in increased transport links to Newton Abbot as part of a wider re-generation program which has seen a hive of activity from single, multiple and corporate operators now investing in the area.
Paignton is accessed from the M5 via the A380 and the A3022, with Newton Abbot 9 miles North West, Totnes 7 miles West, Plymouth 40 West and Exeter 31 miles to the North.
Our Reference: CD-20159
Situated just a minutes walk from Paignton Seafront
Substantial property over 8,000 sq ft with sea views
HMO across 19 rooms with 4 extra rooms
Front parking bay for approx. 14 vehicles
Good order throughout and generating a robust income
5-Bed owners accommodation across the whole lower ground floor
Delightful private rear garden with direct access to the park Torbay Park
EPC rating B
• FH Price: £699,000 Asking Price
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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.
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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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