Home/Developers/South West/Torquay
Developers in Torquay
Torquay stock that is not earning.
An empty Torquay unit still costs finance, council tax and service charge every month it stands there. We take it on a company let and pay a fixed monthly rent instead.
Three Ways We Work
What we would take from a developer.
Unsold & Slow-Moving Units
Slow-moving completed units taken on a company let, priced for the term rather than for the first month. How this works →
Site Team Accommodation
Somewhere sensible for a travelling crew to stay, with kitchen and laundry, run by us and billed to the company. How this works →
Whole Block or Phase
One agreement and one payer across a whole phase, instead of a stack of individual lettings and holding costs. How this works →
Torquay
The commercial mechanics
A figure quoted before anyone has looked at the scheme is a guess. We would rather take a day and give you a number we can hold for the full term than win the conversation with something we quietly revise in month seven.
Torquay
The process, step by step
Whoever occupies the property does so under our agreement, not the developer's. The relationship stays with us and we deal with them.
Torquay
Who gets the most from it
Portfolio owners tend to find it simplest, because consolidated reporting removes the per-property admin that makes a portfolio tiring.
Torquay
Certificates, licensing and insurance
The paperwork is dull and it is the part that protects an owner when something goes wrong. It gets done properly rather than quickly.
Torquay
The limits, stated up front
We do not take on property we do not think will work. Turning something down costs us a fee and saves an owner a year of disappointment.
Torquay
Where to start
An initial conversation is worth more than a form. Most of what matters — constraints, timing, what the owner actually wants — does not fit in a field.
Straight Answers
Straight about our size.
There is no track record here to lean on. Two properties, no developer schemes, and a company young enough that its filed position is worth reading before you build a cashflow on our rent. Company No. 16187542, and we will hand over what you need to check it properly. The bigger the scheme, the more structure it needs around it. We would ask for the same in your position.
Nothing on this page is a valuation, a financial promotion or investment advice. Terms are specific to the scheme in front of us and are agreed in writing before either side commits.
Your Questions
Torquay: the practical questions.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Torquay units rather than just discount them?
A discount is permanent and a letting is not. If the sales market is slow rather than broken, income across the slow period plus a break clause for when a buyer appears usually beats cutting the asking price on the last few plots.
What happens to the Torquay agreement if we sell the block?
The agreement is with the property, so a buyer takes it subject to our lease. That is worth raising with your agent early, because for some buyers an income-producing block is more attractive and for others it is not.
Can you house our site team instead?
That is a separate arrangement we also offer: managed accommodation near site for your own staff and contractors, on one company account with a single monthly invoice.
Who is responsible for gas, electrical and fire safety?
A lease does not make an owner's safety duties disappear and we will not pretend otherwise. Which obligations sit where is written into the agreement before anyone signs, and both solicitors should look at that clause specifically.
Will you sign an NDA before we send Torquay scheme details?
Yes, without fuss.