Summary - Inn on the Green, Paignton, Esplanade Road, Paignton TQ4 6BG TQ4 6BG
1 bed 1 bath Commercial Property
**Key Features:**
- Substantial 19th-century former hotel and restaurant
- Approximately 27,318 sq ft (2,538 sq m) with low capital value of £35.69 psf
- Large adjoining carpark
- Prime location on Paignton seafront, near local amenities
- Vacant property, offering immediate asset management and development opportunities
- Auction sale on 28/05/2025
**Summary:**
Discover a unique investment opportunity with this expansive 19th-century commercial property located on the bustling Esplanade Road in Paignton. Spanning over 27,318 square feet, this former hotel and restaurant boasts significant renovation potential and ample parking, making it an ideal canvas for developers looking to capitalize on a prime seafront location.
The property sits adjacent to the main promenade, just a short stroll from the pier and beach, ensuring high visibility and foot traffic ideal for various business ventures. Whether you envision transforming this space into luxury apartments or revitalizing it as a hospitality venue, the potential is vast. The property is sold as vacant, allowing for immediate asset management, and features a substantial lower price point of £35.69 psf, adding to its allure for savvy investors.
While the area exhibits high crime rates and varying social metrics, its prime seaside location coupled with the fantastic amenities within a short distance creates an attractive proposition. Don’t miss the chance to seize this rare opportunity—viewings are available upon request. Act quickly, as such promising properties in the heart of the English Riviera are rarely on the market for long.
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