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Commercial Property for sale

151 RIDGEWAY, PLYMPTON, PLYMOUTH, DEVON

From £110,000

Property Description

Key features

  • 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
  • Freehold
  • Current Rental : £11,000 Per Annum
  • GUIDE PRICE : £110,000 - £120,000

Full description

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.

Commercial
Ground Floor
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.

Residential
Ground Floor
Independent entrance from front elevation, lobby, stairs to first floor.

First Floor
Currently essentially open-plan with disused internal staircase to the commercial unit.

Second Floor
A dormer attic room currently accessed by inspection ladder only (former stairs removed).

Outside
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.

Tenancy
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.

Auctioneer’s Note
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


IMPORTANT:
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.

More information from this agent

To view this property or request more details, contact:

Clive Emson Auctioneers, Maidstone

Rocky Hill, London Road, Maidstone, ME16 8PY

0845 850 0333 Local call rate

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Disclaimer

Property reference 26073. 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 Clive Emson Auctioneers, Maidstone. 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.