Lot 69

FIRE DAMAGED PROPERTY WITH POTENTIAL

The Former Rainbow Fun House, Torwood Gardens Road, Torquay, Devon, TQ1 1EQ
The Former Rainbow Fun House, Torwood Gardens Road, Torquay, Devon, TQ1 1EQ

A rare opportunity to acquire this imposing former church and grounds, only a short distance from the Marina and town centre. Due to recent fire damage the property requires extensive repair.

The property has current commercial use, most recently being run as a children's indoor soft play centre. However, there may be potential for a variety of alternative uses, subject to all necessary consents being obtainable.

Local Planning Authority

Torbay Council. Tel: 01803 207801. Website: torbay.gov.uk.

Accommodation

The internal accommodation is arranged over three floors.

Outside

The property has good size gardens and grounds with parking for several cars. There is also believed to be underbuilding storage rooms.

Auctioneer's Note 1

At the time of publication the Auctioneers have been unable to internally inspect the property and interested applicants should rely on their own investigations to verify the information provided.

Auctioneer's Note 2

Due to the unsafe condition we are unable to carry out any internal viewings.

Site Measurements

The entire site extends to 0.21 hectares (0.53 acres).

Freehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/