A Prime Development Opportunity

Torquay, Devon

£495,000 Freehold
No 48 The TerraceTorquayDevonTQ1 1DEView Map

A prime development opportunity within the sought-after 'Terrace', Torquay, Devon. The development benefits from granted planning permission for a change of usage from offices to residential C3 usage and for the creation of 5 x apartments, many of which will enjoy spectacular sea views and are only a few minutes' walk from the town centre, beach and harbour. The whole site is made up of 2 x postal addresses and there is an option to acquire the adjoining address No 50 with planning for an additional 7 x apartments. Early viewings are recommended.

Torquay is one of the UK’s most popular coastal destinations, with a good year-round holiday trade. It is only a short distance from Dartmouth and equidistant from the cities of Plymouth and Exeter, with its international airport, mainline train station and M5 motorway. Situated off The Terrace, it is located just a short walking distance from the picturesque Marina and Harbour of Torquay and a level walk along The Esplanade, with lovely views over Torbay to Paignton and Brixham. It is also within a short walk of the main shopping precinct, Princess Theatre and the Riviera Convention Centre.

Planning

This property has planning permission to be converted into 5 x residential apartments under planning reference P/2022/0895, as well as the change of use from office (Use Class E) to residential (Use Class C3) under reference P/2022/0896.

Local Planning Authority

Torbay Council
Tel: 01803 207801
Email: [email protected]
Website: www.torbay.gov.uk/planning-and-building-control

Services

Mains gas, electricity, water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

Plans

Full set of plans available on request

Tenure

Freehold

Viewings

All viewings and enquiries are to be made through the agents, Ware Commercial.
Tel: 01803 328880 or 01392 462266Email. [email protected]

www.warecommercial.com

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.