Lambhay Hill Car Park, 77 Lambhay Hill, Plymouth, Devon, PL1 2NR
- PROPERTY TYPE
Parking
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 52 space surface level car park
- Gross initial yield 12.44%
- Above inflation annual price rises
- Rarely available
- **Auction date 30th July**
- Waterside location in central Plymouth
- Christie & Co Ref: 3818299
Description
Christie & Co are delighted to bring to the market a rare opportunity to acquire a long leasehold car park in a prime location in the historic City of Plymouth. The asset is an exceptional trading asset with strong income streams that require minimal owner involvement. Sites of this nature rarely come to the market.
LocationLambhay Carpark is situated on the waterfront alongside the historic Barbican quarter of Plymouth city centre making it a key car park for those visiting the large array of shops, cafes, museums as well as Sutton Harbour the Royal Citadel Historic Fortress and Hoe Park.
Lease information150 year lease from 21st May 2007. A full copy of theleasehold information can be provided upon request.
Investment SummaryFor the full legal pack and all supporting info applicants will need to register with our joint agents Allsop who will be auctioning the site on the 30th and 31st July 2024. For full info go to
Brochures
Sales DetailsMortgage Calculator- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Lambhay Hill Car Park, 77 Lambhay Hill, Plymouth, Devon, PL1 2NR
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Visit our security centre to find out moreDisclaimer - Property reference 3818299-fh. 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 Christie & Co, Retail. 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.
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 Christie & Co, Retail on 03330 342041.
*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.”
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