Lot 144: FANTASTIC WATERSIDE RESIDENTIAL RE-DEVELOPMENT OPPORTUNITY

Sold £246,000

Perhaps the single most eye-catching residential development opportunity to hit the market for some while being the Messrs T H Ede, Vinegar Factory complex that enjoys a delightful waterside position in an historic quarter of the City.

The premises comprise a horseshoe shape of predominantly two storey stone buildings with a central yard, the whole frontage to Cremyll Street (which is now almost totally residential) being drop-kerbed and with a number of vehicular and pedestrian openings. The rear elevation is all about the view across the water that includes the magnificent and recently re-developed Royal William Yard which has revitalised the area so much, as well as over to the picturesque Mount Edgcumbe Country Park and Cremyll in East Cornwall from which the street gains its name.

The potential for residential development schemes of multiple designs and densities as well as a ‘Grand Designs’ type opportunity is patently clear, 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.

Auctioneer’s Note

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

Commercial EPC: G