Properties For Sale

Freehold Sale - Former Hotel

On behalf of Joint Administrators of CHF 13 Limited

For Sale - FORMER 50-BEDROOM HOTEL SET ON A C. 0.75 ACRE PLOT WITH REDEVELOPMENT POTENTIAL – The Bancourt Hotel, 55 Avenue Road, Torquay.

• Likely to suit commercial or residential development
• To be sold on an unconditional basis, with no warrantees or guarantees
• Now in a shell / derelict state (lower ground fire damage)
• Positive pre-application in 2015 for change of use to 13 dwellings
• Central position close to local amenities

Summary
A substantial 2 storey former 50-bedroom hotel, with numerous ancillary rooms including function suite, bar and restaurant, may now suit redevelopment following a lower ground floor fire. Now in a derelict state, the hotel has been subject to historic development enquiries with Torbay Council who stated in 2015 (before the property ceased trading)
“the hotel sits outside the defined Core Tourism Investment Areas (CTIAs) in the new local plan (2012-2030) and policy supports the notion of a change of use away from tourism provide that (i) doesn’t make a major contribution to tourism offer, and (ii) that the holiday character of the area would not be undermined, and (iii) either the site is shown to be of limited significance or demonstrated that there is no reasonable prospect of the site being used for tourism or it is shown to bring regeneration benefits. I would advise that the hotel would not appear to make a major contribution to Torbay’s holiday offer. In addition, the provision of good sized quality homes is unlikely to undermine the holiday character of the area, and would also offer that the site is of relatively limited significance in terms of its setting and relationship to tourism facilities”.
Location
Torquay is a seaside town in the coastal resort of Torbay in Devon. Together with Paignton and Brixham it forms the borough of Torbay which was created in 1998. The Torbay area is a popular holiday destination known as the English Riviera. The Bancourt Hotel is located on one the main arterial routes to the town and seafront, the route is lined with an abundance of holiday accommodation.
Internal Details
A range of rooms, over three floors – indicative plans available.
External Details
Parking to the front, external gardens set in C. 0.75 Acres.
Business Rates
We have been unable to establish a rateable value at this stage, investigations are ongoing.
Services
We understand mains services are connected.