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Prime Torquay Coastal Development Opportunity For Sale

Torquay, Devon, UK
Asking Price:
£1,000,000
Turnover:
Not applicable
Net Profit:
Not applicable

A rare and exceptional development opportunity comprising a substantial former 26-bedroom hotel occupying a commanding and highly sought-after central position in the coastal town of Torquay, Devon. The freehold property is set within approximately half an acre and benefits from stunning sea views, a peaceful tree-lined setting, and direct proximity to the town centre, harbour, and beachfront.

The property has been significantly altered and extended over time, including the addition of a three-storey southern extension. It is located on a road renowned for high-end boutique hotels while remaining only moments from Torquay’s vibrant bars, restaurants, theatre, marina, and town amenities. A particularly rare feature is dual access to the seafront, with a private pathway from the gardens leading directly to the promenade, as well as access from Croft Road with immediate proximity to the Shedden Hill car park.

The main entrance is positioned on Croft Road in the heart of Torquay, offering excellent accessibility. Bus and rail stations are within easy walking distance, providing strong regional and national connectivity. The town centre is only a few hundred metres away, reinforcing the site’s appeal for redevelopment or repositioning, subject to planning.

The current planning use is Class C1 (hotel with owners’ accommodation). Historic planning approvals demonstrate long-standing acceptance of redevelopment, alteration, and extension. Notably, planning permission was approved in 2019 for a change of use to create 10 apartments, highlighting clear residential development precedent. Offers subject to planning will be considered, and an overage provision will need to be discussed.

This opportunity will appeal to developers and investors seeking a prominent coastal site with scale, sea views, planning history, and exceptional location fundamentals. Early viewing is strongly recommended.

Property Information

Property:

Freehold

Location:

The property is located in central Torquay, Devon, within walking distance of the town centre, harbour, marina, seafront promenade, and local amenities. It benefits from excellent transport connectivity, with nearby bus and train stations and convenient access to main road links. The site enjoys a tranquil, tree-lined setting while remaining close to Torquay’s commercial, leisure, and tourism infrastructure.

Premises Details:

A substantial former hotel building set within approximately half an acre, incorporating extensive internal accommodation across multiple floors, significant historical extensions, and landscaped grounds. The site includes dual pedestrian access points, one from Croft Road and one providing private access to the seafront promenade. The scale, layout, and positioning of the premises support redevelopment, subject to planning consent.

Planning Consent:

Current planning use Class C1 (hotel with owners’ accommodation).
Historic planning includes:

P/2019/0337: Change of use to create 10 apartments, approved 18.10.2019

P/1999/0334: PVC windows and roof terrace, approved 30.04.1999

P/1998/0819: Bar lounge alterations and extension, approved 10.07.1998

P/1990/2023: Pool, function room, accommodation, parking, approved 14.03.1991

P/1990/2084: Partial demolition, approved 14.03.1991

P/1986/2433: Owners’ accommodation alterations, approved 19.12.1986

P/1982/1708: Illuminated signage, approved 31.08.1982

P/1979/1890: Fire escape provision, approved

P/1978/2697: Additional bedrooms, approved

Business Operation

Expansion Potential:

The property benefits from an extensive planning history, including approved consent in 2019 for conversion to 10 apartments. The scale of the site and half-acre grounds provide scope for redevelopment, repositioning, or alternative schemes, subject to planning. Offers subject to planning will be considered, with overage terms to be agreed.

Competition / Market:

The site sits within Torquay’s established hospitality and residential development environment, distinguished by its scale, sea views, central location, and historic planning approvals, which differentiate it from smaller or more constrained development sites in the area.