Located in Market Street, Torquay. The site is conveniently located in the town centre, benefitting from the various amenities and local transport links that run through the town. The site has planning permission granted for construction of a three-storey property adjoining two end terraces, to create two single bedroom dwellings on first and second floor levels. The site is being sold with vacant possession and has been used as parking and storage, meaning it is ready for an immediate start to construction. The vendors are currently marketing the adjacent retail shop, which may be of interest to developers as a potential office and store during the construction of this building. Interested parties are advised to speak to the Agents, for further information.
TENURE The site is being sold freehold with vacant possession.
PRICE £45,000.
VAT VAT is not payable on the sale price.
PLANNING CONSENT Detailed planning consent was granted, and the application can be found via Torbay's Planning Portal REF: P/2023/0957 Link to planning consent: VIEWING The plot can be viewed informally from the road. Interested parties are welcome to arrange a viewing on the site via the agents, Bettesworths.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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