Italian Villa Style Apartment Complex

Torquay

£995,000 Freehold

A beautifully presented Italian Style Villa holiday complex with 8 letting apartments together with owners highly desirable 3 bedroom Penthouse and all set in an acre of private grounds. Benefitting from extensive mature gardens, ample parking and many of the apartments enjoy south facing balconies & terraces together with owner’s sumptuous accommodation which has full sliding patio doors to front, leading out onto a large terrace with stunning sea views. This successful, easily operated business has undergone a rolling refurbishment program and now being presented to a high overall standard. Early viewings are highly recommended.

LOCATION 

Vomero is ideally located within walking distance of the town centre, harbour and beaches of Torquay. Set in an affluent part of Torbay, surrounded by beautiful Victorian Villas and being ideally located to take advantage of many local amenities, together with a plethora of high quality restaurants, Wine bars.

Also, it is within a short distance to the main shopping precinct, the Princess Theatre, Riviera Convention Centre and both main train and bus station nearby. Conveniently located accessing all main arterial roads, linking Plymouth, Dartmoor and the cathedral city of Exeter nearby with an International airport.

The Villa itself has an impressive history. Isambard Kingdom Brunel resided here in 1848

BUSINESS 

Vomero holiday apartment are highly desirable and because of the rolling programme and now being presented to a high standard, the demand and repeat custom is both impressive but also very lucrative. Of the eight letting apartment. Our client has made a deliberate decision to take two of the apartment and let these under long term lets (AST) on the ground floor together with a spacious ground floor two-bedroom apartment (Verona) which is occupied by their mother. All these could be easily reincorporated back as holiday accommodation which would greatly increase the already impressive profit. The business operates mainly during the summer months which allows our clients to enjoy an enviable life style with much time off. Because of the all year demand in Torbay, the letting ability could be increased dramatically by simply opening-up over additional months.

Full accounting information will be provided following a successful formal viewing.

ACCOMMODATION

Through impressive double pillars off Stitchill Road with a sweeping drive to the side of the property with ample parking and entrance through Impressive Doric columns and large door to:

 

VESTIBULE

With original tilesdfloors and beautiful glazed door & side to:

HALLWAY/LANDING 

A most impressive hallway with tall ceilings, consul tables, large wall mounted mirrors, paneled walls and two Venetian chandeliers together with an elegant turning staircase to the upper floors.

BASEMENT

A large multipurpose Basement comprising of the Boiler Room, Wine Store, Large Workshop, Paint Store and a guest laundry room which has a pool table together with washing machine and tumble dryer. The basement is a safe sanctuary for any child to enjoy and benefits from a wide selection of board games, DVD/TV or even utalising the complimentary play station consul which allows the adults some quality time.

HOLIDAY LETTING APARTMENTS 

All letting apartments are self-contained and are centrally heated and have either En-suite shower room or separate shower rooms. Each apartment has its own well-equipped kitchen with full sized oven, fridge and microwave. They also benefit from flat screen digital TVs with Freeview, CD/DVD players, small safe and free Internet access throughout the property. Many of the apartments have either a balcony or a terrace area to front.

ROMA

SLEEPS 2

This is a lovely one-bedroom apartment with separate bedroom with double bed and En-suite comprising of shower, WC and basin the room. Together with a spacious open plan living room with a well-equipped kitchen, lovely views and direct access to the terrace and gardens.

VENEZIA

SLEEPS 4

This versatile apartment benefits from a separate bedroom with twin beds and a double bed within the open plan living accommodation. With a shower room comprising of a corner shower, WC and wash hand basin. The open plan living room has a well-equipped kitchen and beautiful views and glazed French doors leading directly onto the terrace and gardens.

VERONA

SLEEPS 4

A sumptuous sprawling apartment with two bedrooms, one double bedroom with En-suite comprising of shower, WC and wash hand basin and a second twin bedroom with En-suite comprising of shower, WC and wash hand basin. The large well-equipped kitchen has ample space for table and chairs and benefits from a large window to side.  The large lounge / diner can easily accommodate both a dining and lounge area and has large windows to front which makes this space light and airy. Also, benefiting from direct access onto the front to the lovely garden and with a private patio to side which is can easily house a BBQ area with table and chairs. This apartment is currently occupied by our client’s mother but could easily be re in cooperated back into the business.

STUDIO 1

This is a large studio with is comprehensively equipped with a smaller kitchen together with double bed, living area and En-suite shower, WC and wash hand basin. Currently let long term on a AST agreement but which could be easily incorporated back as holiday accommodation.

STUDIO 2

This is a large studio with is comprehensively equipped with a smaller kitchen together with double bed, living area and En-suite shower, WC and wash hand basin. Also benefitting from stunning oak paneled walls and currently let long term on a AST agreement but which could be easily incorporated back as holiday accommodation.

STAIRCASE

A sweeping ornate staircase to first floor with a stunning stain-glass window to half landing which creates much natural light to both ground and first floor. The first-floor landing is wide and benefits from several comfortable chairs.

GENOVA

SLEEPS 6

A large three-bedroom apartment with two of the bedrooms with twin beds and a third bedroom with double bed. One of the bedrooms has an En-suite with shower, WC and wash hand basin and a separate bathroom with corner shower, WC and wash hand basin. Together with a large open plan lounge / diner with a well-equipped kitchen and glazed French doors to private balcony with table, chairs and over-looks both the gardens together with sea views.

VOMERO

SLEEPS 2

A lovely bright and airy one-bedroom apartment with a king sized double bed in the open plan living area which has a lounge / dining area, well equipped kitchen and separate dressing area and shower room with shower, WC and wash hand basin. The living room benefits from two windows to side and glazed French doors to the private balcony area with table, chairs which over-looks the gardens and with sea views.

NAPOLI

SLEEPS 4

A large two double room apartment with one of the rooms with twin bed and second with double bed. Both rooms have En-suite comprising of shower, WC and wash hand basin. The lounge / diner is large with a well-equipped kitchen and glazed French doors to private balcony with table, chairs and beautiful views over the gardens and sea views.

OWNERS ACCOMMODATION

This duplex apartment is accessed from the 1st floor with stairs and landing leading to the luxurious accommodation as follows:

LOUNGE/DINING ROOM 

A large open plan lounge/diner area with full width sliding patio doors to large decked terrace, ample space for table and six chairs, BBQ and loungers. This outdoor space enjoys fantastic panoramic views over Torbay and unrivalled sea views.

KITCHEN 

Newly fitted contemporary kitchen which is light in colour, tiled wall and built in dish washer, cooker and oven with sky domed window providing additional light to the room.

MASTER BEDROOM 

A spacious double room with beautiful views and En-suite bathroom with full length bath, WC and wash hand basin

SEPARATE BATHROOM

With shower, WC and wash and basin.

 BEDROOM 2 

Double Bedroom presently being used as an office but could be easily re-incorporated back to a bedroom together with windows with sea views.

BEDROOM 3

A double bedroom with double bed on the 1st floor which is used as spare guest accommodation.

STORE ROOM

Outside room two are two storage cupboards

OUTSIDE 

A sweeping driveway takes you to the side of the building where there is sufficient parking for all apartments, with an allocated parking space for the apartment with disabled access. The Villa is set in an acre of grounds for the enjoyment of all guests, together with the BBQ area. The grounds are laid to lawn with mature borders, shrubs and trees throughout

 

FIXTURES & FITTINGS 

Trade fixtures, fittings, equipment, land and buildings except for vendor’s private inventory will be included in this freehold sale. Full inventory will be provided prior to exchange of contracts

SERVICES

Mains electricity, gas, water and drainage are all connected, however, no testing of these services have 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

VIEWINGS

Strictly by appointment with the agents

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.