Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

A Well-Positioned Mixed-Use Property For Sale

Torquay, Devon, UK
Asking Price:
£465,000
Turnover:
Not applicable
Net Profit:
Not applicable

A well-positioned mixed-use property in the heart of Ellacombe, Torquay, comprising a substantial vacant commercial premises, three self-contained flats, workshop/storage accommodation, a large three-door garage, gardens and extensive private parking. The existing property provides three residential units alongside significant vacant commercial space, offering scope to create a larger residential scheme.

Potential redevelopment, subject to planning and all necessary consents, includes:

Retention of the existing 3 self-contained flats
Conversion of the vacant commercial premises and storage/workshop accommodation to provide up to 4 additional residential units
Potential end scheme of 7 flats/apartments
Existing private parking, gardens
Prominent road frontage and an established residential setting

The property offers flexibility for a developer or investor to pursue a conversion-led residential scheme, subject to planning, or retain and improve the existing accommodation as a multi-unit investment. The combination of existing residential income-producing accommodation, substantial vacant space and private parking provides a clear opportunity to increase the residential accommodation and potentially enhance both rental income and capital value.


LOCATION

Hoxton Road is situated within the established residential area of Ellacombe, Torquay, approximately a short distance from the town centre. The surrounding area provides a range of everyday amenities including shops, cafés, restaurants, schools and leisure facilities. Torquay Harbour, marina and seafront are also readily accessible. Torquay Railway Station provides rail connections towards Exeter and London, while the A380 South Devon Highway provides access towards Exeter, the M5 and the wider South West. The property's established residential location, existing accommodation and relatively substantial footprint make it particularly suited to residential developers, conversion specialists and investors seeking a value-add opportunity.

COMMERCIAL UNIT

Entrance through a double UPV door with shop windows to the side into

Main office

5.91m x 3.99m

Managers Office

3.53m x 2.83m

Conference room

4.15m x 3.37m

2 x toilets

Kitchen Area

5.47m x 3.32m

2nd Kitchenette

2.42m x 1.58m

Loading area/converted garage

3.84m x 3.53m

The commercial unit also benefits from a substantial basement extending beneath the entire footprint of the premises above, providing an excellent amount of additional space suitable for storage, workshops, or potential alternative uses, subject to the necessary consents.

FLAT 1

A bright and airy first-floor flat offering spacious and well-appointed accommodation, including two well-proportioned bedrooms. The flat benefits from carpets throughout and an abundance of built-in storage cupboards in the hallway. This flat is currently vacant.

Lounge

4.86m x 3.49m

Kitchen

2.08m x 2.72m

With a built in oven and electric hob.

Bedroom 1

4.11m x 3.77m

Bedroom 2

3.44m x 3.35m

Bathroom

With bath, WC and wash basin

MAISONETTE

This spacious maisonette offers very generous and well-proportioned accommodation comprising two reception rooms, 4 x  bedrooms, a modern-fitted kitchen, and a private garden and multiple parking spaces.

Entrance through the porch into the hallway leading to;

Lounge

4.86m x 4.01m

Reception room

4.21m x 3.86m

Downstairs WC

Kitchen

3.89m x 2.88m

A modern fitted kitchen featuring an integrated oven and hob together with a range of contemporary appliances. Finished with laminate flooring, the kitchen also provides direct access to the rear of the property.

Bedroom 1

4.15m x 3.41m

Bedroom 2

3.77m x 2.56m

Bedroom 3

2.75m x 2.04m

Bedroom 4

4.87m x 3.54m

Family bathroom

A Large bathroom with bath, shower, WC and wash basin.

OUTSIDE

This flat benefits from a private garden to the side of the property with allocated parking spaces to the rear.

FLAT 3

A bright and spacious ground-floor garden apartment offering well-presented one-bedroom accommodation, benefiting from a private garden and a large sunning patio with allocated off-road parking. This property is currently vacant.

Kitchen

4.88m x 3.01m

A country-style Shaker kitchen/diner with ample space for a dining table and chairs with built in oven & hob.

Hallway

With built in storage space and direct access to the private garden.

Lounge

4.01m x 4.32m

Bedroom

4.76m x 4.09m

Bathroom

With bath, shower, WC and hand wash basin.

WORKSHOP (first floor)

10.60m x 4.41m

GARAGE BUILDING (ground floor)

9.89m x 7.22m

OUTSIDE

The property benefits from one parking space to the front, with further parking for up to seven vehicles to the rear, accessed via the convenient side access.

FIXTURES & FITTINGS

The sale includes all trade fixtures, fittings, equipment, land, and buildings, except for the vendor’s private inventory. A full inventory will be provided prior to exchange of contracts.

SERVICES

The property is connected to mains electricity, gas, water, and drainage. No testing of these services has been undertaken by the agents.

VIEWINGS

All viewings and enquiries through Ware Commercial:

Property Information

Property:

Freehold