This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Hotel for sale

Adelphi Road, Paignton

Withdrawn from Market £700,000

Property Description

Full description

Tenure: Freehold

LOCATION
Adelphi lane lies just behind the Esplanade some 100m from Paignton Sands as well as being within a reasonable level walk to Paignton town centre with all its attractions and services.

Paignton is the oldest of the 3 towns that comprise Torbay. The distinctive red sandstone and renowned beaches attracts many repeat tourists as well as being a preferred place to live.

DESCRIPTION
Harbour Mews has been run until recently as a holiday letting business and can be continued if so desired as the sale will include all trade furnishings, fittings and effects in the properties if required.

However, the Vendors have now obtained a variation on the planning consent allowing the premises to be occupied all year and not restricted thus allowing them to be let on 6 month & assured shorthold tenancies.

This flexibility allows the purchaser options in generating income from their investment.

Given that all the apartments and the 2 houses are self contained a purchaser may wish to use a unit for their own occupation.

Attached to these particulars are floor plans which although not to scale show the layout of the properties.

ACCOMMODATION
Ground Floor: Adelphi + Beacon
First Floor: Cockington + Dittisham
Second Floor: Elbury + Fisherman
Cottage 1: Goodrington
Cottage 2: Hollyhocks

Outside
The property sits within its own communal gardens and there is adequate on-site parking to 8 + vehicles.

Business
The holiday business offers self catering apartments with a target occupation of 3-4 persons although with utilisation of the bed settee in the lounge would allow for the maximum occupation of 6 persons. Pricing is quotes as being between £200-£620 per week for 3-4 persons with a discount for under occupancy and a surcharge for larger parties.

Details of trading accounts will be made available once a viewing has taken place and proof of ability to purchase is provided. In the first instance we are happy to discuss this business and give an indication of turnover figures.

EPC - All units have an individual EPC.

VIEWING
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060


More information from this agent

Map & Street View

Disclaimer - Property reference 100863004108. 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.

Map data OpenStreetMap contributors.