Office for saleSandon Court, Craigie Drive, The Millfields, Plymouth, PL1
Removed 2,109–5,940 sq. ft. | £535,000
- 2,109 sq ft (195 sq m)
- 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
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.
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.
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 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
Basement (currently let) - £4,500 pax
Ground floor - £22,000 pax
First floor - £16,000 pax
TOTAL - £42,500 pax
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.
Interested parties are advised to confirm the rating liability with Plymouth City Council.
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.
Not required as the property is listed.
Each party is to be responsible for their own legal costs.
All figures quoted are exclusive of VAT if applicable.
More information from this agent
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