Chris McPhee has left Torquay by mutual consent following discussions with manager Martin Ling.
McPhee arrived for his second spell at Plainmoor last summer but found opportunities limited during the second half of the campaign, prompting Ling to make him available for transfer.
Following considerable interest in the 29-year-old since the end of the season, it has been decided that a permanent departure would be the best option for both parties.
"We have reached an agreement for Chris to leave the club with immediate effect and pursue his career elsewhere," Ling told the club's official website.
"Chris is very much interested in combining a coaching role with his playing duties and sees his best opportunity with a club outside the Football League.
"I would like to personally thank Chris for his professional attitude and committed approach throughout last season, and wish him the very best for the future."