Sold prior to auction, for an undisclosed amount

---

A freehold development opportunity comprising a 3 storey former hotel (3,767 sq.ft). Potential for a variety of uses including a 12 bedroom hotel, holiday apartments or conversion to residential dwelling/s, subject to planning, vacant

---

Description/Location

The property is located in the town centre adjacent to Paignton seafront. We are advised by the seller that an extensive programme of improvement work has been carried out in the last 18 months with the approval of building control. Replacement UPVC windows have been installed and the exterior has been re rendered. Internally the property is in a shell condition ready for works to be completed. The property is presently under scaffold, the photographs without scaffolding are from 2018 and give buyers an indication of the size and appearance of the building.

Tenure

Freehold

Local Authority

Torbay Council01803 201201www.torbay.gov.uk

Viewing

Please contact Charles Darrow Network Auctions on 01626 330022

Accommodation

Ground floor: 1,302 sq. ft First floor: 1,302 sq.ft Second floor: 1,071 sq.ft Outside: Off street parking to the side of the property for 4 vehicles, roller door providing access to rear yard providing further parking space

Virtual Tour

Virtual Tour 2 Garfield Road interior
Additional Virtual Tour video

View Larger Map

View larger map on Google Maps.

*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.