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Sandon Court, Craigie Drive, The Millfields, Plymouth, PL1

£535,000

£253.67 per sq ft

Business rates & charges may apply

Vickery Holman, Plymouth
SIZE AVAILABLE

2,109-5,940 sq ft

196-552 sq m

SECTOR

Office for sale

Key features

  • Three storey office building
  • Planning permission for conversion of the ground and first floor to 5 flats
  • Available to let on a floor by floor basis or as a whole
  • From £16,000 per annum exclusive to £42,500 per annum exclusive
  • NIA 552 sq m (5,940 sq ft)
  • £535,000 for the long leasehold interest

Description

Description

The property is arranged over basement, ground and first floors. The space is currently laid out as individual offices. Planning permission has been granted under application number 15/00529/FUL for the conversion of the ground and first floor to 5 x 2 bedroom flats with the basement remaining as an office. The planning permission has been implemented as the colonnade has been refurbished.

Location

Sandon Court is located within The Millfields, the site of the former Royal Navy Hospital which dates from the 1760s. The Millfields is located to the west of Plymouth City Centre within the Stonehouse area. Access to The Millfields is taken from Clarence Place / High Street through a security check point which facilitates all access to the estate.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement First Edition on a net internal basis and an IPMS 3 basis.

NET INTERNAL AREAS
Basement - 84.3 sq m / 907 sq ft
Ground floor - 271.6 sq m / 2,924 sq ft
First floor - 196 sq m / 2,109 sq ft
TOTAL - 552 sq m / 5,940 sq ft

Planning

Planning permission has been granted under application number 15/00529/FUL for the conversion of the ground and first floor to 5 x 2 bedroom flats with the basement remaining as an office. The planning permission has been implemented as the colonnade has been refurbished.

Rent / Price

PRICE - £535,000

RENT -
Basement (currently let) - £4,500 pax
Ground floor - £22,000 pax
First floor - £16,000 pax
TOTAL - £42,500 pax


Terms

The property is available to let on a floor by floor basis, or as a whole. The basement is currently let on a short term agreement.

Alternatively the long leasehold interest is available. The property is held on a 999 year lease from 18th January 1999 subject to a peppercorn ground rent.

Rateable Value

Interested parties are advised to confirm the rating liability with Plymouth City Council.

Services

It is understood that mains electricity, gas, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

Not required as the property is listed.

Legal Fees

Each party is to be responsible for their own legal costs.

VAT

All figures quoted are exclusive of VAT if applicable.

Sandon Court, Craigie Drive, The Millfields, Plymouth, PL1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Devonport Station0.8 miles
  • Plymouth Station0.8 miles
  • Dockyard Station1.1 miles

About Vickery Holman, Plymouth

3 Longbridge Road Plymouth PL6 8LT

Vickery Holman, Plymouth

Vickery Holman is a multi-disciplined property company, the roots of which can be traced back as far as 1848. Today, the consultancy has more than 60 people working in four offices, strategically placed across the South West. Vickery Holman is a limited company, owned by its employees, and is a member of the RICS (Royal Institution of Chartered Surveyors).

Our consultants offer a full spectrum of skills in all areas of property, from all aspects of general practice and building surveyin

More properties from Vickery Holman, Plymouth

Notes

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Disclaimer - Property reference 17289FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Vickery Holman, Plymouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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