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Croft Road, Torquay, Devon, TQ2

£895,000

Business rates & charges may apply

Ware Commercial, Torquay
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SECTOR

Residential development for sale

Key features

  • Prime Development opportunity
  • Former 26 Bedroom Hotel
  • Stunning sea Views
  • Approx. 1/2 an acre
  • Immediate area occupied by high-end Holiday accommodation
  • Separate Cottage
  • Walking distance to all amenities
  • Historic Planning in details below

Description

Probably one of the best development opportunities for years has now come to the market in the sought-after coastal town of Torquay. This substantial former 26-bedroom hotel site occupies a commanding central location and benefits from stunning sea views and it's only a short stroll away to town centre, harbour and beach front. The building has undergone significant alteration and extensions over many decades, including a three-storey extension to the southern elevation and the size of the site is approx. 1/2 acre. The immediate tree lined road leading to the site is occupied by many high-end boutique hotels and whilst situated in a quiet area, it's only a stone throw from the bars, restaurants, theatre, and marina.

The site entrance is on Croft Road in the heart of Torquay and benefits from direct access to large Sheddon Hill car park, which in turn has easy access to the seafront promenade from the bottom of the garden.

The site also benefits from two entrances and a separate cottage with large gardens having direct access to the sea front. Early viewings are highly recommended.

The location is ideal to access all main road links and both the bus and train terminal are walking distance away. The local amenities, town centre and seafront are only a few hundred metres away, which makes this location so unique.

PLANNING
The current planning is for a hotel with owners' accommodation (C1 planning class)

PLANNING HISTORY
P/2019/0337: Change of usage to create 10 apartments. Approved 18.10.2019.
P/1999/0334: Installation of pvc windows and formation of roof terrace.
Approved 30.04.1999.
P/1998/0819: Alterations and erection of extension to bar lounge. Approved
10.07.1998.
P/1990/2023: Alterations and extensions to form covered pool and function room, additional accommodation and facilities and increase in parking. Approved 14.03.1991.
P/1990/2084: Demolition of parts of building. Approved 14.03.1991.
P/1986/2433: Alterations/extensions to staff/storerooms to form owners
accommodation. Approved 19.12.1986.
P/1982/1708: Illuminated AA and RAC signs. Approved 31.08.1982.
P/1979/1890: Provision of a fire escape. Approved.
P/1978/2697: Additional bedrooms. Approved

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
Please make enquiries on the local valuation website (VOA) at (currently the property is fully exempt from business rates because of small business rates relief)

TENURE
Freehold (unconditional offers)

VIEWINGS.
All viewings and enquiries are to be made through the agents;
Ware Commercial

Croft Road, Torquay, Devon, TQ2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Torquay Station0.5 miles
  • Torre Station0.7 miles
  • Paignton Station2.5 miles

About Ware Commercial, Torquay

16a Fore Street, St. Marychurch, Torquay, TQ1 4NA

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, restaurants, cafes, takeaways, camp sites, investment properties, pubs, development properties and land.

Notes

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