Warren Hill, Torquay, Devon, TQ2
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Residential development for sale
Description
The property is in the heart of Torquay, Devon, ideally situated for the bus and mainline railway station. The main beach, harbour, and local restaurants are just a short walk away. Torquay is currently one of the most popular seaside holiday destinations in the UK and has excellent road links to the M5 motorway connecting all parts of the UK. Nearby, there is an international airport offering flights to European and worldwide destinations, not forgetting Dartmoor National Park, which is only a short drive away.
The investment has been successfully owner-operated for many years, with high occupancy and impressive income. Although the investment is owner-operated, this could easily be subcontracted to a local letting agent. With a gross income of over £34,000, which would increase with a refurbishment.
ACCOMMODATION COMPRISES
1, 1, Warren Hill
Ground Floor, Own entrance, living room/kitchen, bedroom & shower room.
2, 1, Warren Hill
First Floor, Own entrance, living room, separate kitchen, bedroom & shower room.
1, 2, Warren Hill
Ground Floor, living room/kitchen, bedroom & shower room.
2, 2, Warren Hill
First Floor, living room, separate kitchen, bedroom & shower room.
3, 2 Warren Hill
Second Floor, living room/kitchen, bedroom & shower room.
4, 2 Warren Hill
Second Floor, living room, separate kitchen, bedroom & shower room.
GROSS INCOME
Flat 1,1 £500 pcm
Flat 2,1 £500 pcm
Flat 1,2 £500 pcm
Flat 2,2 £450 pcm
Flat 3,2 £450 pcm
Flat 4,2 £450 pcm
FIXTURES AND FITTINGS
All trade fixtures and fittings, except for our vendor's private inventory, will be included in this sale. A full inventory will be provided prior to the exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.
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 / COUNCIL TAX
Please make enquiries on the local valuation website (VOA) at
TENURE
Freehold
VIEWINGS
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL. or
mailto:
Warren Hill, Torquay, Devon, TQ2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Torquay Station0.7 miles
- Torre Station1.0 miles
- Paignton Station2.6 miles
Ware Commercial have offices based in Torquay, Exeter and Bournemouth and offer businesses and commercial properties for sale primarily throughout the South West of the UK. Drawing on over 45 years of experience, we specialise in the valuing, marketing and selling of businesses, land and commercial properties.
Our range of commercial properties and businesses for sale includes hotels, guest houses, holiday flats, retail stores, shops, salons, industrial properties, warehouses, offices,
Notes
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