The Outlook Holiday Flats , Cliff Road , Roundham , Paignton Freehold : £425,000

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LOCATION
Situated in the picturesque Roundham area of Paignton in South Devon, The Outlook Holiday Flats are close to the delightful harbour, seafront, beaches, pier and the bustling town centre with its array of shops restaurants and associated holiday businesses. Torbay remains as one of the UK’s most popular holiday locations attracting tourists year upon year, with excellent road access via the South Devon Link road and motorway network at Exeter, mainline railway station to London and international airport in Exeter.

DESCRIPTION
The property comprises a mixture of 7 studio apartments and flats set out over ground, first and second floors. The apartments can cater for between 2 and 5 guests, with the option if required, of using the ground floor (apartment 7) as owners’ accommodation.

The property is well maintained throughout, with level gardens and off-road guest parking. Views are enjoyed from the majority of the apartments and gardens over Torbay towards the sea beyond.

This well established and profitable lifestyle business has been in our clients’ ownership since 1993 during which time they have continuously maintained and invested in the property, establishing a strong repeat client base with a healthy Turn over and Net Profit with considerable growth potential. The Outlook Holiday Flats are marketed as our clients wish to retire.

ACCOMMODATION
The Outlook Holiday Flats are arranged over three floors with a central staircase providing access, all the flats/ studios are furnished for self-catering use, heating for the property is provided by a gas boiler. A full inventory to be prepared.

Entrance Door

Entrance Hall
Flat 1 (Studio) Sleeps 2 Open plan studio, double bed, kitchenette, dining area, sea views.
En suite shower room.

Flat 2 (Studio) sleeps 2 Open plan studio, double bed, kitchenette, dining area, sea views.
En suite shower room.

Flat 7/ Owners accommodation if required. Sleeps 5 Accessed from private entrance door or internal ground floor door. Entrance hall.
Lounge with views over private patio area, bunk beds, single bed.
Kitchen well appointed. Double bed room, connecting door to main entrance hall.
Family bathroom.

First floor landing Linen cupboard. Guest W.C and store, wall mounted boiler supplying hot water and heating for the property.

Flat 4 (Studio) sleeps 2 Open plan studio, double bed, kitchenette, dining area, sea views.
En suite shower room.

Flat 3 (Studio) Sleeps 2 Open Plan studio, double bed, kitchenette, dining area, sea views.
En suite shower room.

Stairs rise to second floor

Flat 5 Sleeps 4 Lounge kitchenette Double bedroom, double bed, bunk beds.
En suite bathroom.

Flat 6 (Studio) Sleeps 2 Into eaves open Plan studio, double bed, kitchenette, dining area, sea views.
En suite bathroom.

Externally The Outlook Holiday Flats are set in an elevated position with delightful views towards the Torbay coastline and the sea beyond, with lawned gardens and paved patio area for guests. The property has guest parking at street level and stairs rise to the property

OUTGOINGS
Rateable Value as at 1st April 2017 rounded down to £9,100

VAT
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred.

VIEWING
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060

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WAYCOTTS (DEVON) LIMITED Trading as WAYCOTTS

41 Houndiscombe Road, Plymouth, PL4 6EX

Company No. 08771510 Registered in England and Wales

VAT Registration Number: 196 9480 44