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An Amazing Development Opportunity For Sale

Teignmouth, Devon, UK
Asking Price:
£665,000
Turnover:
Not applicable
Net Profit:
Not applicable

A great development opportunity in a residential area of the sought-after coastal town of Teignmouth, Devon. This former care home offers 25 residential bedrooms over 4 floors, set in approximately 0.3 acres of grounds, together with reception rooms and staff accommodation. These substantial premises benefit from parking, a garage, outbuildings, gardens, sea views, and a short walking distance to all local amenities, the town centre, harbor, and seafront. This property would allow for a light-touch residential conversion or alternative usage, and afterwards, we, the agents, feel this would generate fantastic returns. Early viewings are highly recommended.

LOCATION
Nightingale House is situated in the picturesque town of Teignmouth and occupies an elevated position above the town, affording stunning panoramic views of the Teignmouth coastline from all floors. It lies on the South Devon coast and is just a short drive from either Torbay or the Cathedral City of Exeter, with its international airport. The property benefits from breath-taking sea views, with the beach and promenade nearby. The town is highly regarded, with an array of independent retailers, an arts district, and a vibrant community spirit. With a sea sports centre, nearby golf course, and easy access to the South Devon coastal path, this area is a truly attractive destination for holidaymakers. The railway station with direct links to London and beyond is within a few minutes’ walk, and there is easy access to the motorway network. Teignmouth is one of the most desirable destinations within the Southwest of England.

FLOOR PLANS
Available from either our Torquay or Exeter offices.

PLANNING
The current planning for the property is C2 status, which includes Boarding School, Care Homes, Hospitals, Nursing Homes, Residential accommodation for those in need of care, extra-care Care Housing, Residential Schools, Colleges or Training Centers.

FIXTURES AND FITTINGS
A full inventory will be provided prior to the exchange of contracts. No testing of any fixtures or appliances 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
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk.

TENURE
Freehold.

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

Property Information

Property:

Freehold