Substantial Residential Re-development site of approx. 1.1 Acres sold in Teignmouth South Devon

We are delighted to confirm that hot on the heels of a large Commercial Investment sale in the South Hams last month we have now completed the sale of a substantial Residential Re-development site in the centre of Teignmouth off of a guide price of £1.25 million.

The property is a substantial site in an elevated location on the edge of the town, and enjoying good views over the Town and the sea from the upper floors. The premises comprise 2 large buildings, the first being a former Residential Care Home which has most recently traded as a busy and successful Children’s Nursery, and a beautiful 7 bedroom detached Victorian Villa in its own gardens adjoining. To the rear of both properties is a large level area of land currently used as a staff car park for the adjoining Private School, but with potential for future development. In all the site totalled approximately 1.1 acres.

The sale has been completed to a Regional Developer who intends to submit a planning application for the redevelopment of the former Nursing Home and Car Park area, leaving the Old Headmasters House for refurbishment and sale.

Tony Noon confirmed that we had a good level of interest and were able to secure a sale on an unconditional basis. If you have a site which you think has Residential development opportunities, please contact us and we would be happy to offer some initial confidential advice without obligation. Tony Noon can be contacted on 01392 691007.

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Testimonials

Re: –  Industrial Premises Newton Road Torquay

Many thanks.  Your assistance in finding a suitable tenant for these premises has been invaluable and we shall certainly be in touch again should we need further assistance here or elsewhere.

Mike Townsend FRICS FAAV MCIArb TEP
Director – RICS Registered Valuer
Savills

Re: – Retail Premises, Fore Street, Bovey Tracey

As you must know we have completed on the lease last week and I just wanted to drop you a quick line to thank you for your assistance and support along the way.

All down to me now to make it a success!

With all my best wishes,

Christine Rockell – Home Naturally

Re: – Unit 5a International House, Battle Road, Heathfield, Newton Abbot

Afternoon Tony. I can confirm that the lease has completed.

I am now in a position to thank you for all your hard work in finding me a great tenant for our property and for your assistance in helping me solve all the problems involved.

We will have no problems in using your services again and wish you all the best for the future.

Jerry Miller – Miller and Sons

Re: – King Street Dance Studios King Street Newton Abbot Devon
We are meeting the new tenants at the Studios tomorrow morning as they take up the new lease. So, again a big thanks to you. We were both extremely impressed with the speed with which you handled things and as soon as we receive your account, we will aim to be as speedy!!

Keith and Gaynor Walters