You are only off the road for a week or so under the new driver rules. You get advance warning of the date on which your licence revocation takes place and can drive up to that date. You can apply for a new licence right away and drive with L plates, a supervising driver and insurance that covers you in your new status. The only period off the road is while you are between licences - a week or so.
The problems being the supervising driver and L-plates and cost of insurance methinks
Out of interest, been as in most areas there's a 6-8 week wait for a practical driving test, can you apply for a new theory and then practical test while you still have a full licence? Not suggesting you may know but an interesting point.