Under Offer

Paignton, Devon

Price on Application Leasehold Ref: 3001
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The Harbour Light property is uniquely situated on the water’s edge of the picturesque Paignton Harbour in the heart of Torbay. The dual aspect, Grade II listed property faces both seaward, with views stretching across the Bay to Torquay and Hopes Nose, and inward over the harbour. Torbay, fondly referred to as the English Riviera, is South Devon's beautiful bay surrounded by scenic countryside and stunning coastline, combining the resort towns of Torquay, Paignton and Brixham. The area is well serviced with the recently completed South Devon Link Road (A380) connecting Torbay to Exeter and the M5 motorway network. Torbay is also connected via a rail network to Exeter and beyond.

Harbour Light is a prime piece of real estate owned by Torbay Council and managed by the TDA. The Landlords have recognised the property’s potential and are seeking operators keen to enhance the building by creating a vibrant destination venue given its unique waterside location and character. Plans have been drawn up for 2 potential schemes, subject to planning, which interested parties are encouraged to consider. Both schemes involve a complete refurbishment of the existing property, modernizing the existing fabric of building and enhancing the property. The two schemes also include the creation of a first floor outside terrace with wide ranging sea views.

FULL PROPOSALS INVITED BY 2nd FEBRUARY 2018.

PLEASE NOTE THAT THE CURRENT TENANTS WILL CONTINUE TO BE IN OCCUPATION UNTIL SEPTEMBER 2018, WITH THEIR BUSINESS UNAFFECTED.

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