Lot 41 - Former Signal Box, Newton Road, Torquay, TQ2 5EU

  • Unconditional Online Auction Sale
  • Guide Price* : £54,000+
  • Bedrooms: 0

Addendum

As disclosed in the legal pack the planning has lapsed, however, there have been discussions with the local authority planning department in relation to work that had commenced. Prospective buyers should make their own enquiries with Torbay planning department.

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Development Opportunity

Description

ONLINE AUCTION from 2nd FEBRUARY - 4th FEBRUARY

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

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If you would like to view please contact info@paulfoshauctions.com

Tenancies

To be sold with vacant possession

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 of 1.2% of the purchase price (subject to a minimum of £975) 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.

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