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Substantial Marine Real Estate In Torquay For Sale

Torquay, Devon, UK
Asking Price:
£1,500,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

The property has a total of 20 self-contained units on the ground and first floor levels. 19 are currently in use, with one reserved for the owner’s occupation, which has a stairway (presently blocked off) to the upper level, where letting apartment No. 8 could be easily converted to 2 bedrooms and a bathroom to form a comfortable private maisonette.

Many of the apartments enjoy stunning sea views, and all are generously proportioned with lounges/diners, well-equipped kitchens and bathrooms with both bath and showering facilities, together with tastefully furnished bedrooms.

While Sunningdale has traditionally been operated as a very successful holiday let business, the property has also recently been used for short-term accommodation for local authorities. This has significantly increased year-round occupancy levels and generated very impressive sales figures. However, its current use does not affect the property’s status as a Holiday Let business.

A prime property and highly profitable business, which should be seen to be appreciated.

Property Information

Property:

Freehold

Location:

Sunningdale Holiday Apartments are situated on the cliff top of Babbacombe Downs almost directly opposite the popular and historic Cliff Railway which serves Oddicombe Beach. From this most enviable position there are spectacular panoramic coastal views of Lyme Bay as well as close proximity to a host of amenities and attractions, including the famous Babbacombe Model Village, Babbacombe Theatre, St. Marychurch with its village shopping precinct and Bygones Victorian Museum. Torquay is approximately 1 mile distant with a frequent bus service running between the two resort centres.

Premises Details:

The accommodation briefly comprises: -

Wide driveway entrance off the Babbacombe Downs Road which gives direct access to the spacious forecourt Car Park.

MAIN ENTRANCE
To the side of property, into vestibule with inner door which leads past reception and owners flat to the Hall. The inner hallway leads to the other ground floor apartments and stairway to the upper floor.

LETTING APARTMENTS
All centrally heated and double-glazed and having fully equipped kitchens complete with a full size cooker, fridge, microwave, toaster and kettle. Flat screen colour televisions are standard throughout and all bathrooms have a bath and showering facilities as well as wash basins, WC’s and electric shaver points.

GROUND FLOOR
Access to large basement (3 rooms used for storage).

FLAT 1
Double & twin bedrooms, lounge/diner, kitchen, bathroom. Spectacular sea views across the garden.

FLAT 2
Double bedroom, lounge/diner, kitchen & bathroom. Views over the garden.

FLAT 7
Family bedroom, lounge/diner, kitchen & bathroom. Views over the garden.

FLAT 5
Double and twin bedrooms, lounge/diner, kitchen & bathroom.

FLAT 4
Studio apartment with lounge/diner/kitchen area & bathroom.

FIRST FLOOR

FLAT 12
Large double bedroom, lounge/diner, kitchen & bathroom. Sea views.

FLAT 3
Double & twin bedrooms, lounge/diner, kitchen, & bathroom.

FLAT 14
Double & twin bedrooms, large lounge/diner, kitchen & bathroom.

FLAT 11
Family bedroom, lounge/diner, kitchen & bathroom. Overlooking the garden.

FLAT 8
Double bedroom, lounge/diner, shower room, kitchen & bathroom. Sea views. This
apartment could be combined with the present ground floor owner’s accommodation (utilising the present blocked-off stairway already in place), to provide a spacious 2 bedroom maisonette. Currently used as storage.

FLAT 9
Two large bedrooms (double & twin), lounge/diner, kitchen & bathroom. Spectacular sea views.

FLAT 10
Double bedroom, lounge/diner, kitchen & bathroom. Garden views.

FLAT 6
(On the ground floor with private entrance from the driveway). Family bedroom, twin bedroom, lounge/diner, kitchen & bathroom.

FLAT 15
(Ground floor Studio Apartment with private access from the garden). Lounge/diner/bedroom, separate kitchen, bathroom. Sea Views.

FLAT 16
(Private access from the garden). Double & Twin bedroom, kitchen & bathroom. Spectacular sea views.

FLAT 17
(Access from the garden) Double/twin bedroom, lounge/diner, kitchen & bathroom. Spectacular sea views.

FIRST FLOOR EXTENSION

FLAT 18
Double/twin bedroom, lounge/diner, kitchen & bathroom. Spectacular sea views.

FLAT 19
Double bedroom. lounge/diner, kitchen & bathroom. Spectacular sea view.

FLAT 20
First Floor Studio Apartment with sea views comprising a lounge/diner/bedroom, kitchen area & separate shower room with WC with wash hand basin. Currently used for storage.

RESIDENTS LAUNDRY ROOM
Washing machine, tumble dryer, iron & ironing board.

LARGE STORAGE ROOM
For linen and furniture storage with access to rear covered storage area and courtyard.

OUTSIDE
Driveway opening onto a spacious Car Park easily large enough to accommodate all guest and private vehicles.

Extensive, mainly level, lawn with attractive flower borders and spectacular panoramic sea views.

GENERAL INFORMATION

RATEABLE VALUE
2023 List: £29,025. Please note this is not Rates Payable. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.

TENURE
Freehold.

SERVICES
The property is connected to water, electricity and mains sewage. Heating is by way of central heating (night storage heaters). Sunningdale is fully compliant to operate as a letting business and has full state of the art fire and security alarm systems.

INVENTORY
To include furnishings and equipment as per an inventory to be supplied but excluding the owners personal effects.

EPC AWAITED

VIEWING AND FURTHER INFORMATION
For additional information regarding this opportunity or to arrange a viewing, please contact Matt Bettesworth at Bettesworths.

Other Information

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