£1,100,000
Hotel for saleTorquay, Devon TQ2
Business
About this property
Stunning detached victorian villa occupying valuable elevated 1 acre site with sea glimpses, proving very versatile, offering a range of self-catering holiday accommodation options. Currently configured to provide spacious 3/4 bedroom 3 storey town house, 3 bedroom owners accommodation, 2 x 1 bedroom apartment, 1 x 2 bedroom apartment, and 1 bedroom garden annexe, all set within attractive leafy gardens with the added benefit of good size car park.
Situated within the affluent desirable and sought after torquay coastal suburb of chelston, renowned for its Victorian architecture and tree lined streets, together with its own shopping facilities. Adjoining parkland, very accessible, short walk railway station, seafront, and beaches together with numerous attractions and amenities to include cricket and rugby clubs, along with Torre Abbey Gardens with its bowls centre and tennis courts, the nearby A379 Torbay Road running around the coastline, the attractive harbour and marina only a short drive.
A property which offers a wealth of character, under current ownership the last 25 years, the subject of considerable investment, still offering new owner’s further opportunities to include an additional penthouse apartment. Viewing is recommended to appreciate the size of the property, overall site, and location together with the opportunities available to new owners to include investment, development, and multigenerational living for which the property is ideally suited.
The business is currently operated on a semi-retirement basis, trading at a level to suit the lifestyle of the vendors, limited advertising undertaken, offering self-catering holiday accommodation up to 28 days, prices ranging from £80 per night for a 1 bedroom flat to £250 per night for the townhouse with minimum stays applicable. Benefiting from some long-term commercial trade out of season which proves lucrative, additional income forecast from refurbishment of 2 bedroom apartment.
Freehold oiro £1,100,000 sav Ref: Sc/inv/DEV37006N
Situated within the affluent desirable and sought after torquay coastal suburb of chelston, renowned for its Victorian architecture and tree lined streets, together with its own shopping facilities. Adjoining parkland, very accessible, short walk railway station, seafront, and beaches together with numerous attractions and amenities to include cricket and rugby clubs, along with Torre Abbey Gardens with its bowls centre and tennis courts, the nearby A379 Torbay Road running around the coastline, the attractive harbour and marina only a short drive.
A property which offers a wealth of character, under current ownership the last 25 years, the subject of considerable investment, still offering new owner’s further opportunities to include an additional penthouse apartment. Viewing is recommended to appreciate the size of the property, overall site, and location together with the opportunities available to new owners to include investment, development, and multigenerational living for which the property is ideally suited.
The business is currently operated on a semi-retirement basis, trading at a level to suit the lifestyle of the vendors, limited advertising undertaken, offering self-catering holiday accommodation up to 28 days, prices ranging from £80 per night for a 1 bedroom flat to £250 per night for the townhouse with minimum stays applicable. Benefiting from some long-term commercial trade out of season which proves lucrative, additional income forecast from refurbishment of 2 bedroom apartment.
Freehold oiro £1,100,000 sav Ref: Sc/inv/DEV37006N
Mortgage calculator
Monthly repayment
£5,502 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}