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