Commercial Property for sale151 RIDGEWAY, PLYMPTON, PLYMOUTH, DEVON
- FOR SALE BY PUBLIC AUCTION AT The St Mellion International Resort : 13-FEB-2014
- LOT NUMBER : 107
- MIXED COMMERCIAL INVESTMENT AND RESIDENTIAL DEVELOPMENT PROPERTY
- Commercial Investment
- Current Rental : £11,000 Per Annum
- GUIDE PRICE : £110,000 - £120,000
A mid-terrace three storey property occupied by Clear Lettings (a residential letting company) on the ground floor, while the two upper floors, which have an independent access from the front elevation, are vacant, having previously had a residential and storage use.
Interest is anticipated from mixed commercial and residential investors/developers who will see the potential for conversion of the upper floors into a maisonette or, possibly, two flats, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with Plymouth City Council, Civic Centre, Royal Parade, Plymouth, Devon, PL1 2AA. Tel: 01752 668000.
Paved and raised frontage, good window space, door to principal reception/office space, lobby, further office, file room, hallway, kitchen, W.C.s and large store room.
Independent entrance from front elevation, lobby, stairs to first floor.
Currently essentially open-plan with disused internal staircase to the commercial unit.
A dormer attic room currently accessed by inspection ladder only (former stairs removed).
To the rear is a reasonable sized garden space that has the potential in whole or part to be attributed to the residential accommodation on the upper floors by way of an outside staircase.
The ground floor is currently let at £11,000 per annum (plus a contribution towards insurance). The lease will expire on 17th August 2014 or earlier by agreement.
For information relating to the rateable value and measurements go to www.2010.voa.gov.uk and enter the postcode for the property into the appropriate search field.
Freehold with Part Vacant Possession
Commercial EPC: E
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
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