Hotel for sale

Esplanade Road, Paignton

Under Offer £450,000

Property Description

Full description

Tenure: Freehold

LOCATION
These 7 stunning holiday apartments (formerly part of Orcades Hotel) are located in an enviable position on Esplanade Road, Paignton. This prominent property is in a row of impressive Victorian buildings which overlook Paignton sea front and harbour.

The excellent location is very convenient for Paignton shops and leisure businesses, Amusements, Harbour, Paignton Pier, Sea front and a selection of restaurants.

DESCRIPTION
The holiday apartments were superbly refurbished in 2014 to a high standard, retaining features of the original Victorian property with its high ceilings and tall windows overlooking the sea front. As part of the refurbishment the property was re-wired and re-plumbed with individual thermostatic controls for each apartment.

Holiday Apartments 2 and 3 are lovely duplex garden apartments located over the ground and lower ground floors. Each of the seven apartments have been fitted with a new contemporary kitchen with electric oven and hob. The apartments also have modern en-suite shower rooms. There is also off-street parking for the Holiday Apartments at the front of the property.

The separate Owners Accommodation is a real bonus. Located at the rear of the Holiday Apartments it has its own entrance and off-street parking for two cars, a modern kitchen, bathroom and 2 bedrooms.

Overall these Holiday Apartments provide an excellent investment opportunity for an easily maintained, high quality holiday rental business..

ACCOMMODATION
Apartment 1 is a studio apartment with stunning sea views, kitchen area, bathroom with WC and walk in shower.

Apartments 2 & 3 are duplex garden apartments located over the ground and lower ground floors with a double bedroom on the ground floor, stairs leading down to the open plan kitchen/dining room, living room and bathroom with walk in shower, WC and wash hand basin.

Apartments 4 & 6
Open plan kitchen/living room and double bedroom with breath-taking views over Paignton Seafront. Bathroom with walk in shower, WC and wash hand basin.

Apartments 5 and 7
Open plan kitchen/living room, double bedroom, bathroom with walk in shower, WC and wash hand basin.

Owners Cottage
Ground floor comprises kitchen, bathroom, Lounge/dining room.
Stairs to first floor with 2 bedrooms.
Brick paved forecourt with parking for 2 cars.

OUTGOINGS
For details of rates payable/rateable value please contact Torbay Council, Town Hall, Castle Circus, Torquay. Tel: 01803 201201

VAT
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

LEGAL COSTS
Each party to be responsible for their own legal costs.

OTHER
Private Mortgage:
Our clients are fully aware that it is challenging to arrange finance on a business which is not trading. They are therefore prepared to offer private mortgage facilities, subject to status and conditions. Further details on request. Please note that your property is at risk if you do not keep up repayments.

VIEWING
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Paignton (0.2 mi)
  • Torquay (2.1 mi)
  • Torre (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Waycotts, Torquay

The White House 42/44 The Terrace Torquay TQ1 1DE

01803 367067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Paignton (0.2 mi)
  • Torquay (2.1 mi)
  • Torre (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Waycotts, Torquay

The White House 42/44 The Terrace Torquay TQ1 1DE

01803 367067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100863004951. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Waycotts, Torquay. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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