Prime Located Investment / Development Site

£395,000 Freehold
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Prime Located Investment / Development Site

Totnes Road, Paignton, Devon, TQ3 3RZ

A unique opportunity to acquire a prime located road side investment / development site which currently is being Let to a Charity Organisation.Previously this site used to be a garage and car show room and later an American Diner catering outlet. Also, in 2005 a major residential redevelopment was sought and passed. The successful development was to be over three floors and with 14 x two/three-bedroom apartments, but planning has now lapsed. The property and land would suit a variety of uses and early viewings are highly recommended....


 

LOCATION

This property is ideally located on Totnes Road, Paignton, Devon. The road A385 is one of the main arterial routes between Totnes and Paignton, Devon.   This location is ideally located within a short distance of Paignton Town Centre with its attractive sea front promenade and many local amenities nearby. The location benefits from a high pedestrian and vehicle passing traffic and is serviced by a frequent bus service.

 

 

ACCOMMODATION

Drop kerb to the whole width of forecourt facilitating ease of vehicular movement within the car park area.

 

MAIN BUILDING. 40m x 5.45, 10.57m x 9.44m

 

An L-shaped single storey building with approx. 302 m2 of usable space.

 

PARKING / FORECOURT. 30m x 11.40m

 

PLANNING

1. To Form 14 Flats With Parking And Vehicular/Pedestrian Access. Ref. No: P/2007/1370, (10 x two-bedroom apartments, 2 x three-bedroom apartments, 2 x two-bedroom duplex apartments.

2. Change of use from car sales garage to restaurant (A3), Ref. No: P/2008/1698.

3.  Change of use from car sales garage to restaurant (A3), Totnes Road Service Station Totnes Road Paignton Devon TQ3 3RZ, Ref. No: P/2008/1698.

 

 

FIXTURES & FITTINGS

Full inventory to be provided at exchange of contracts with full stock inventory to be provided at completion. Items shown within the photographs of this brochure may not necessarily be included within this sale.

 

 

SERVICES

Mains electricity, gas, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents, Ware Commercial

 

 

BUSINESS RATES

Please make your own enquiries on the local valuation website (VOA) at www.voa.gov.uk

 

 

TENURE

FREEHOLD

 

 

TENNANT

Animal in Distress Torquay, passing rent of £32,000 pa exclusive.

 

 

PRICE

£395,000


Misrepresentation Act: Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.