Former church home of Rainbow Fun House is sold
- Credit: Clive Emson
A former church in Torquay housing a children’s soft play centre has gone under the hammer at £95,000.
The fire-damaged building in Torwood Gardens Road was most recently used as the Rainbow Fun House.
It was among the lots in the eighth and final sale of 2020 by the regional land and property auctioneers Clive Emson.
Senior auction appraiser Audrey Smith said: “This well-known building offers considerable potential to its new owner.
“Although in need of extensive repair after a fire, it has three floors, good sized gardens and grounds with parking.
“There is the possibility of some form of continued commercial use although the new owner may also wish to consider a residential scheme subject to the necessary consents.”
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The property was auctioned jointly with Ware Commercial of St Marychurch.
The final regional auction in 2020 took place solely online due to Covid-19 precautions.
Also due to be auctioned was a mixed use property in Brixham town centre.
This was snapped up by a keen buyer after being placed on the market for the first time in 50 years.
The double-fronted building in Fore Street was listed with a freehold guide price of £250,000 to £280,000.
But it was sold prior to the auction when a buyer made an acceptable offer.
Senior auction appraiser David Henwood said: “This was a rare opportunity to acquire a substantial building in a prominent location in Brixham town centre.
“With the owner of the retail premises retiring, it was the first time the property had come to market in more than 50 years.
“The buyer was keen to acquire the property and made an offer well in excess of the freehold guide prior to the auction, which was accepted.
“Now, the new owner has a range of options for this well-known property. “This could include sub-division of the ground floor into two separate retail units and conversion of the second-floor commercial space into residential units, all subject to the necessary consents.”
The property also has two self-contained flats.
It was auctioned jointly with Boyce Brixham estate agents.