An exceptional development opportunity

Torquay, Devon

£1,295,000 Freehold
Meadfoot Bay HotelMeadfoot Sea RoadTorquayDevonTQ1 2LQView Map

RARELY AVAILABLE WITHIN THIS LOCATION

Introducing an exceptional development opportunity on the English Riviera - the Meadfoot Bay Hotel which has planning consent for change of usage (C1 > C3) into four residential units totalling 714.5sq mtrs. Located just moments away from the blue flag Meadfoot Beach, the Victorian villa with later additions offers a rare opportunity for a redevelopment project in this much sought after location which, unlike other similar nearby properties, boasts frontage on two roads.

Meadfoot Bay Hotel is ideally located in the highly sought-after affluent residential area of Meadfoot in Torquay, along a tree-lined road leading down to the water’s edge. Only a short walk away is the picturesque Marina and Harbour of Torquay, and a level walk along the Esplanade provides stunning views over the bay towards Paignton and Brixham. The Riviera Conference Centre and train/bus stations are nearby. Torquay is ranked as the No. 1 staycation destination in the UK and is an all-year-round busy coastal resort. Conveniently located along the Jurassic Coast and only an easy drive to places such as Dartmoor National Park, Dartmouth, the Eden Project, and the Cathedral city of Exeter with its International airport and M5 motorway, linking all parts of the UK.

PLANNING

Approved plans can be viewed on the council’s planning portal – torbay.gov.uk Ref: P/2023/0626.

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 inquiries on the local valuation website (VOA) at www.voa.gov.uk

TENURE

Freehold.

VIEWINGS

All viewings, inquiries planning documentation is available from the  agents, Ware Commercial and are to be made through the agents, Ware Commercial. TEL. 01803 328880 or 01392 462266 Email. [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.