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Opportunities in Torbay

Torbay is at the beginning of a once in a generation transformation journey.

Our focus is on making the most of the Bay's premier marine and natural environment alongside the heritage that has shaped the English Riviera.

Public and private sector investment secured by Torbay Council over recent years is allowing us to deliver regeneration for our community.

Torbay has secured £105m investment from Government in the form of Levelling Up, Towns Deal and Future High Street Funding. This is along with Torbay receiving a share of £200m from The National Lottery Heritage Fund over the next 10-years to transform our heritage.

With this commitment from Government, Torbay Council has also recently appointed a regeneration partner. Together, the Council and it's private sector partner are working through investment and commercial interest opportunities to make Torbay the place to live, work and invest in.

Torbay Council are keen to work with partners that share their vision on improving the place for its community. Using our assets to create opportunities and reducing the risk profile to increase returns for investors. The Council also want to work with those interested in the current opportunities to mitigate investment risk, which could include potential anchor operators or pre-lets.

You can read more about Torbay's journey as a place and have a look through our Torbay story book on Our Story pages.   

Torbay Council are currently seeking expressions of interest from partners on two of its landmark buildings. This would be on the basis of a lease, the length of term to be agreed, with parties interested in working with Torbay Council to restore these heritage jewels. Please visit the pages below to find out more information.

Oldway

Expressions of interest are now being sought on Oldway Mansion. A Grade II listed building based in Paignton.

Read Oldway

Torquay Pavilion

Expressions of interest are now being sought on the Pavilion, a historic building that can be found on the stunning seafront in Torquay.

Read Torquay Pavilion