Freehold for Sale

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Freehold for Sale Potential for Residential Redevelopment (Subject to Planning) Former Milk Delivery Depot Parkfield Road Torquay TQ1 4BH March 2017

08449 02 03 04 gva.co.uk/11617

Highlights ─

1.24 acres (0.5 Ha)



1.1 miles from the sea front



Allocated in the Torbay Neighbourhood Plan for Residential Development



Positive pre-app response for 67-unit apartment scheme for the 55+ market



Freehold

Location

Planning

Torquay is located on the south Devon coast and within the wider Torbay area, known as the English Riviera. The town is located approx. 18 miles south of Exeter and 3 miles north of Paignton, while Plymouth is 28 miles to the south west.

The site would suit a range of uses including residential-led redevelopment subject to planning, or continued commercial use.

Situation The site lies between Lymington Road and Parkfield Road approximately 1.4 miles to the north of Torquay town centre. The site is 0.2 miles to the bus station, 1.1 miles to the sea front and 1.2 miles to the railway station. The surrounding area is a mix of uses including residential and light industrial properties. The land immediately to the west is a wooded area.

Description

The site has been allocated in the Torquay Neighbourhood Plan for residential use for around 40 units (site NP3). GVA have submitted a preapplication enquiry for a 67-unit apartment scheme for the 55+ market, which received a positive response. Both the Pre-Application report and response are available on request.

Tenure Freehold

Method of Sale

The predominantly level site comprises The site is for sale by Informal a former milk distribution depot and Tender process with a time and extends to approximately 1.24 acres date to be confirmed. (0.5 Ha). The site contains a number of buildings including a main warehouse, two smaller workshops/stores and a covered loading bay which total 7,152 sq ft GIA (664.39 sq m). The remainder of the site is an open yard.

Viewings The site can be viewed from the public highway however an internal viewing can be arranged through the sole agents GVA. The site is not elected for VAT but the vendor reserves the right to elect. Asbestos Report available on request. EPC: F

Contact Daniel Rich MRICS 0117 988 5332 [email protected]