Lot 56 - Former Signal Box, Torre Station Newton Road, Torquay, Devon, TQ2 5EU
Guide Price* : £54,000+
- Unconditional Online Auction Sale
Lot 56 - Development Opportunity
Description
ONLINE AUCTION FROM 28TH-30TH JULY
A rare opportunity to acquire a Grade II listed signal box with full planning for conversion to a holiday home. Situated in the seaside resort of Torquay and renowned throughout the world as the English Riviera, this would be an ideal property for a landlord looking for a unique and quirky holiday let or a family looking for a summer retreat.
The accommodation comprises three floors with proposed plans to have a snug ground floor living area, first floor bedroom with en suite and the third floor, having an open plan dining room and kitchen.
Planning:
Planning has been granted for conversion of the signal box into a holiday home.
Planning ref P/2016/0146 - Planning has already been implemented by installing polycarbonate protection on the windows and building regulations have been passed by the local authority.
All Interested parties should contact Torbay Local Authority planning department for further information
Tenancies
To be sold with vacant possession
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.
Tenure
Advised Freehold - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.
Guide Price* : £54,000+
- Unconditional Online Auction Sale
Lot 56 - Development Opportunity
Viewing
Paul Fosh Auctions
Office Contact
Sean Roper
Documents
Legal Documents
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