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7 bedroom mixed use for sale

29 Mutley Plain, Plymouth, Devon

Guide Price* £240,000

Property Description

Key features

  • For Sale by Public Auction at The St Mellion International Resort
  • Auction Date : 08 February 2018
  • Lot Number : 110
  • Five Storey Commercial And Residential Investment/development Opportunity
  • Mixed Commercial/Residential
  • Leasehold
  • *Guide Price : 240,000 - 270,000 + Fees

Full description

Located at the southern/City end of Mutley Plain is this large and deceptively spacious property offering commercial accommodation on two floors with seven generally well-presented upper floor letting bedrooms, plus communal facilities that enjoy independent access. In addition there is parking at the rear, a yard and a storeroom with staircase into the main building.

The property will appeal to investors although the residential accommodation may have potential for conversion into a number of flats, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, the Plymouth City Council: Tel: 01752 668000. Website: plymouth.gov.uk.

Commercial
Ground Floor (Pavement Level)
Large open plan space, staff room/rear office, kitchen, lobby and W.C.

Lower Ground Floor
Large hall, interview room/office, three store rooms, two further offices and side access.

Residential
Independently accessed from Mutley Plain. Front door to hallway and stairs.
First Floor
Three bedrooms, wet room/shower room and laundry/boiler room.
Second Floor
Two bedrooms (one being particularly large) and wet room/shower room.
Third Floor
Two bedrooms and wet room/shower room.

Outside
To the rear is a useful area of yard space and off-street parking as well as a particularly large storeroom with access via a metal staircase into the main body of the building.

Auctioneer’s Note 1
The commercial component of the property was let at £25,000 per annum by way of a lease that expired in October 2017. The residential element of the property was let at £26,180 for the 44-week academic year of 2016/17.

Auctioneer's Note 2
For information relating to the commercial element’s rateable value and other available data go to www.tax.service.gov.uk/view-my-valuation/search and enter the postcode for the property into the appropriate search field.

Freehold with Vacant Possession

Residential EPC: D

Commercial EPC: D

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.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/


More information from this agent

Nearest stations

  • Plymouth (0.5 mi)
  • Devonport (1.6 mi)
  • Dockyard (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Clive Emson Auctioneers, Maidstone

Rocky Hill, London Road, Maidstone, ME16 8PY

03339 391102 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Plymouth (0.5 mi)
  • Devonport (1.6 mi)
  • Dockyard (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Clive Emson Auctioneers, Maidstone

Rocky Hill, London Road, Maidstone, ME16 8PY

03339 391102 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 36371. 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.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Clive Emson Auctioneers, Maidstone on 0345 8500333.


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