£320,000

Commercial property for sale

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Under offer
Freehold

Offers over

£320,000

Commercial property for sale

Midvale Road, Paignton TQ4

Local area information

Property location

Nearby amenities

  • Curledge Street Academy 0.1 miles
  • Paignton 0.2 miles
  • Sacred Heart Catholic School 0.4 miles
  • Torquay 2.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Semi-Detached Victorian Villa in Heart of Paignton
  • Versatile Property Suitable for a Variety of Uses
  • Current Commercial Usage but Residential Development Opportunity (STP)
  • Of Interest to Residential & Commercial Owner Occupiers and Developers
  • A Rare Opportunity to Acquire a Large Freehold in Paignton
Paignton is a seaside town, which with the neighbouring towns of Brixham and Torquay forms Torbay. Lovingly referred to as the ‘English Riviera’, Torbay is a popular tourist destination with a large local population which keeps the area busy, year-round.

Midvale Road is located in central Paignton, close to the Seafront, Town Centre and various local amenities. The location is favoured for its proximity to Paignton’s Bus and Train station, which links at Newton Abbot to the main line, leading to London, Bristol & Plymouth.

3 Midvale Road is a semi-detached Victorian Villa. The property was recently used as a training facility and is listed for commercial use. Previously the property was used as a doctor’s surgery and originally as a residential dwelling.

The property has been adapted to provide several office rooms across two floors and owners have extended the original building to provide further accommodation across ground and first floor. The property offers a versatile space, which could accommodate another commercial user or could be adapted to convert the property into residential accommodation (subject to planning).

Externally the property benefits from a small front garden, rear garden and a large, tarmacked parking area. This property offers a rare opportunity to acquire a large and versatile property in Central Paignton. This will be of interest to owner occupiers, investors and developers. Viewing is highly recommended and can be arranged by prior appointment with the Sole Agents, Bettesworths.

Ground Floor

NIA: 122m2 (1,313 sq ft)

First Floor

NIA: 110m2 (1,184 sq ft)

Tenure & Sale

The property is offered for sale freehold, with Vacant Possession.

The property is for sale in its current condition. Interest is invited on an unconditional basis (i.e. Not subject to gain of planning consent for future uses).

The Opportunity

The sale of 3 Midvale Road will be of interest to builders, developers, and owner occupiers alike. There is possibility, subject to necessary consents, for restoration of the existing property and conversion back into a family home, creating an annex of the rear extension, or a larger development to split the property into multiple residential units.

Services & Utilities

We are informed that the property is connected to mains gas, electricity and water supplies - none of these have been tested. The property benefits from gas central heating throughout, which runs off a combi boiler.

Business Rates

The property is currently listed as a commercial premises and therefore is elected for business rates. The current Rateable Value is listed below.

2023 List: £16,000

Please note that this figure is the Rateable Value and not Rates Payable. Interested parties are advised to speak to the Agents, Bettesworths for further advice on the Rates Payable.

EPC Awaited

Viewing

Viewing is highly recommended to appreciate the spacious and versatility of accommodation on offer. Viewings can be arranged by prior appointment with the Agents, Bettesworths.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Bettesworths Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bettesworths Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Devon
  4. Paignton
  5. Midvale Road

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