No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£399,950
Added < 14 days

Commercial development for sale

Tor Vale, Torquay TQ1
Study
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Commercial development
0 bed
0 bath

Property description & features

  • Semi Detached Victorian Villa with Masses of Potential
  • Three Storey Property with Large Driveway and Rear Garden
  • Previously a 9 Bed HMO but Potential to Convert (Subject to Planning)
  • Net Internal Area Approx. 253m² (2,723 sq ft)
  • Viewing Highly Recommended
LOCATION Tor Vale is a charming residential area located in the heart of Torquay, within the Tormohun ward. Tor Vale enjoys a prime position with easy access to the local amenities within the town centre, both primary and secondary schools, and local transport links. DESCRIPTION The property has been owned by the vendors family for over 60 years. Historically the property was used as a guest house and BnB but for at least the last 10 years, it has been trading as a 9-bedroom House of Multiple Occupation. Up until last year, the property was fully licensed and compliant with the HMO requirements of Torbay Council. Due to retirement, the vendors have closed the HMO and are selling the property with vacant possession. The property has vast potential and could be converted into flats, a single-family dwelling, or family dwelling with a 'granny flat' (subject to planning). Viewing is highly recommended for parties to appreciate the size and the quality of accommodation on offer.

GROUND FLOOR
Arranged with entrance porch, lounge, dining room, study, kitchen, WC and conservatory.

FIRST FLOOR
Arranged with 2x single bedrooms and 3x double bedrooms. A bathroom, shower room and WC. A door at the rear leads to the back garden.

SECOND FLOOR
Arranged with 3x single bedrooms and 3x double bedrooms. A bathroom and WC.

EXTERNAL

GARAGE - 22' 5'' x 13' 7'' (6.82m x 4.14m)
(Height 2.71m)

REAR GARDEN
A raised concrete garden area with a range of small trees, shrubs and a shed.

FRONT GARDEN
To the front of the property is a concrete laid parking area with space easily for 5 or more cars. A terraced garden area sits between the parking area and roadside.

HEATING
The property benefits from a gas boiler which provides hot water and heating throughout.

UTILITIES
The property is connected to mains gas, electric, water and sewage. Each of the letting rooms are fitted with electric sub-meters.

TENURE
Freehold and sold with vacant possession.

PRICE
An asking price of £399,950.

BUSINESS RATES
2023 List: £4,750.Please note this is not the Rates Payable amount. Eligible parties will be able to claim 100% Small Business Rates Relief. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.

COUNCIL TAX BAND A

VAT
The property is not elected for VAT.

LEGAL COSTS
Each party will be responsible for their own legal costs unless expressly agreed otherwise.

EPC RATING E

VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.

Council Tax Band: A
Tenure: Freehold

Property information from this agent

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    Property reference 12513555. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bettesworths - Commercial.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.