Available

Paignton, Devon

Offers in Excess of £800,000 Freehold Ref: 4936
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LOCATION
Priory Towers is situated on Esplanade in Paignton, this is a prime frontline seafront position, commanding views from majority of the apartments, with the benefit of residential planning consent.

The property is situated on the corner of Esplanade Road and Beach Road, with a large car park to the front.

The location is very convenient, being a short level walk to the amenities of Paignton town centre, as well as the beautiful Paignton beach, harbour and all the leisure facilities of the Esplanade.

Priory Towers has been in the same ownership for nearly four decades and is now for sale due to retirement. The property is an original Paignton seafront period building, originally constructed as a private dwelling. The present owners bought Priory Towers as a hotel and have since converted it initially to form 10 flats. 8 of these are let to rent paying tenants and 1 is currently a manager’s flat, which would be sold with Vacant Possession.

There is a large store (previously a flat), which has the potential (subject to planning) to form a new studio flat.

To the front of the property is a large level car park.

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