DEVELOPMENT

INVESTMENT

RESIDENTIAL

Offers invited in excess of £200,000 for the Freehold of this prominent development site

Yannons Local Centre Brixham Road Paignton Devon TQ4 7BD

Stunning Roadside Development Site with detailed planning consent for an A1/ A2/ A3/ D1 Unit on the Ground Floor with

Medical use above (if required) plus 35 allocated Car Parking spaces with main road frontage

SITUATION AND DESCRIPTION This is an unusual opportunity to acquire the freehold of a substantial development site totalling approximately 0.4 of an Acre with an excellent main road frontage to Brixham Road and adjacent to the recently completed ALDI food store. Close by is a Sainsburys supermarket and a McDonalds and KFC outlet. The site is located adjacent to this main road, and has planning consent for a Costa Coffee style outlet with small retail unit adjoining and a Dentist Surgery on the first floor with 35 car parking spaces. In addition, there has been planning consent granted for a two storey Doctors Surgery with Car parking. Offers are now sought on an unconditional basis for the Freehold of this well located site. The site may also suit other uses, subject to the necessary consents.

Paignton forms part of the Torbay conurbation and is a popular holiday and retirement destination. The total resident population of Torbay is approximately 135,000 and is boosted considerably during the summer months. Both Paignton and Brixham town centres are within an easy drive from the site, with it being located on a major link road and bus route. Paignton’s Railway Station offers connections to Exeter and London Paddington, with the M5 Motorway accessed via the A380 dual carriageway from Newton Abbot to Exeter via Junction 30 of the M5 at Exeter. This then leads to the A30, A38 and the National Motorway network.

ACCOMMODATION Brief details of the accommodation, with approximate maximum dimensions are as follows: -

The site is located adjacent to the main Paignton to Brixham Road with a substantial and very visible frontage. The site adjoins the recently completed Aldi food store with a Sainsburys supermarket, McDonalds and KFC drive through close by. We understand the site totals approximately 0.4 of an acre. The proposed building would offer the following gross internal areas: - Coffee Shop - 148.8 sq.m (1,600 sq.ft) Retail Area - 27.8 sq.m ( 300 sq.ft) First Floor - 211.3 sq.m (2,274 sq.ft) Car Parking - 32 Car Parking spaces plus 3 disabled spaces PLANNING Outline planning consent was approved on the 14th January 2016 for a “Mixed used building comprising two units at ground floor level (Use Classes A1/A3 and A1/A2/A3/B1a /D1 respectively) and a dental practice at first floor level (Use Class D1), with associated car parking, landscaping and highways works”. A copy of this planning permission is attached for information, and a copy of the relevant Section 106 agreement is available on request.

Copies of the layout plans are attached for a Costa Coffee style unit which also incorporated an additional retail unit on the ground floor and a Dentist Surgery on the first floor. However, it would be possible to amend these to achieve a different layout or mix of accommodation, but the enclosed does establish a likely mix that is acceptable to the planning authority. In addition, there was previously a plan to locate a Doctors Surgery on the site which was a larger 2 storey building, this also obtained planning consent. Interested parties are therefore encouraged to initially provide us with details of their proposals for consideration, prior to discussing these with the planners. However, purchasers will be required to satisfy themselves direct before completion with the planning department of Torbay District Council – 01803 201201. COMMERCIAL ENERGY PERFORMANCE CERTIFICATE An EPC has not been requested in this instance as there is not currently a structure on the site. ASKING PRICE Unconditional freehold offers are sought in excess of £200,000 for the freehold of this well located and prominent development site adjacent to this busy main road with the benefit of planning consent for development. We understand that the purchase price will be plus VAT in this instance.

BUSINESS RATES For further information on the Rateable Value or Rates payable of the site, or the building to be developed, please contact the Business Rates Department at Torbay District Council (01803 201201)

SERVICES We understand mains water, drainage, gas and electricity are available to the edge of the site. However, you are requested to make your own enquiries of the relevant service providers to establish there is sufficient capacity to meet the needs of the development proposed. LEGAL COSTS Each party will be required to bear their own legal costs involved in this transaction. VIEWING Strictly by prior appointment only with the sole agent, for the attention of Tony Noon (07831 273148) Ref (0348)

DEVELOPMENT

INVESTMENT

RESIDENTIAL

Tel. 01392 691007 Mob. 07831 273148 Email. tn@noonroberts.co.uk Web: www.noonroberts.co.uk

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