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£295,000

Torquay Road Paignton, TQ3

  • 2 beds
Other

£295,000

  • 2 beds
Other
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Estimate monthly mortgage payment:

£1,347 per month

Minimum deposit amount:

£14,750
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Great opportunity for either a mixed use residential and commercial investment or conversion of the ground floor into additional residential accommodation - This well know local restaurant closed a couple of years ago and could be reopened with owners accommodation above.  

The building has approved planning under reference P/2021/0128 with Torbay Council for change of use from restaurant to dwelling unit, with extension to first floor.

The building is currently laid out as follows:

Frontage to Torquay Road with front garden area and path to front door:

Ground Floor

Main Dining area 28'10" x 14'0" max appox

2 x customer toilets

Commercial Kitchen 'L' shaped 14'10" x 7'1"

Door to rear courtyard with access to 2 rear parking spaces and metal stairs to 1st floor owners accommodation

Owners Accommodation

A 2 Double Bedroom flat with roof terrace

Kitchen 11'8" x 6'5" (3.58m x 1.98m) with Upvc double glazed window and door

Lounge 14'6" x 11'5" (4.42m x 3.49m) with french doors to roof terrace

Bedroom 11'1" x 7'10" (3.39m x 2.41m) with ensuite shower room

Hallway with stars to 2nd floor

Bedroom 14'2" x 11'9" (4.33m x 3.60m) with sea views over roof tops and ensuite with bath and separate shower

 

EPC flat is currently and F

Commercial is D energy rating

Council Tax Band B for the flat

Business rate would apply to the commercial area.

Freehold

Consumer Protection from Unfair Trading Regulations 2008 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Please inform us of any particular requirements that are important to you prior to viewing. 

 

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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Property details

£295,000

2 bed property for sale

Torquay Road Paignton, TQ3

Great opportunity for either a mixed use residential and commercial investment or conversion of the ground floor into additional residential accommodation - This well know local restaurant closed a couple of years ago and could be reopened with owners accommodation above.  

The building has approved planning under reference P/2021/0128 with Torbay Council for change of use from restaurant to dwelling unit, with extension to first floor.

The building is currently laid out as follows:

Frontage to Torquay Road with front garden area and path to front door:

Ground Floor

Main Dining area 28'10" x 14'0" max appox

2 x customer toilets

Commercial Kitchen 'L' shaped 14'10" x 7'1"

Door to rear courtyard with access to 2 rear parking spaces and metal stairs to 1st floor owners accommodation

Owners Accommodation

A 2 Double Bedroom flat with roof terrace

Kitchen 11'8" x 6'5" (3.58m x 1.98m) with Upvc double glazed window and door

Lounge 14'6" x 11'5" (4.42m x 3.49m) with french doors to roof terrace

Bedroom 11'1" x 7'10" (3.39m x 2.41m) with ensuite shower room

Hallway with stars to 2nd floor

Bedroom 14'2" x 11'9" (4.33m x 3.60m) with sea views over roof tops and ensuite with bath and separate shower

 

EPC flat is currently and F

Commercial is D energy rating

Council Tax Band B for the flat

Business rate would apply to the commercial area.

Freehold

Consumer Protection from Unfair Trading Regulations 2008 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Please inform us of any particular requirements that are important to you prior to viewing.