Torquay
South West
£75,000Guide Price
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
N/AType
OfficeDescription
Offered at auction, this freehold four-storey commercial building is close to Torquay town centre, the high street and public transport links, including the railway station. It was previously used as a care agency office and training centre and is now offered with vacant possession. The accommodation extends to approximately 3,251 sq ft, with larger open-plan areas on the ground and first floors following rear extensions, alongside further rooms and storage on the upper floors.
The building has office fit-out features including suspended ceilings and LED lighting, with original fireplaces retained on the ground floor. Heating is described as gas-fired central heating with a combi boiler. The listing identifies possible continued commercial use or a mixed commercial and residential scheme, subject to the necessary planning permissions. The EPC rating is E. The online auction is scheduled for 5 November 2026; prospective bidders should consult the auction legal documentation and verify the building’s condition, use and planning position.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
60out of 100
Grade CPotential opportunity
Confidence: LOW
At £75,000, this substantial four-storey freehold is exceptionally cheap against the local £/sq ft benchmark, making the acquisition price its clearest strength. The 3,251 sq ft former office building offers sizeable open-plan areas, traditional fireplaces and a town-centre location, with scope to refresh the marked interiors and worn commercial flooring. Mixed commercial and residential use is described as a possibility, subject to planning, but feasibility is not established by the photos. The rear masonry, damaged or boarded opening and tired ancillary structures need inspection to define the repair scope. The overall opportunity is promising, though the available information is not enough to judge renovation economics.
Key opportunities
- Acquire 3,251 sq ft of freehold accommodation at an asking price far below the local £/sq ft average.
- Refresh the marked walls, dated commercial flooring and office finishes across the substantial rooms and open-plan areas.
- Explore the potential for mixed commercial and residential use, subject to planning, while retaining traditional features such as the fireplaces.
Key risks
- Weathered and exposed rear masonry, a boarded or damaged opening and tired ancillary structures require inspection to establish repair scope.
- The scale of this four-storey building and its rear extensions could make repairs and improvements a substantial budget and programme commitment.
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Transport
Nearest stations
Torquay Rail Station
0.6 miles
Train · Torquay
Torre Rail Station
0.7 miles
Train · Torre
Paignton Rail Station
2.7 miles
Train · Paignton
Newton Abbot Rail Station
5.1 miles
Train · Newton Abbot
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£283
Based on a loan of £56,250 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
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