Lot 129: GUEST HOUSE AND OWNER'S ACCOMMODATION WITH DEVELOPMENT POTENTIAL

Commercial Investment - Plymouth Area
Commercial Investment - Plymouth Area
Commercial Investment - Plymouth Area
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A spacious six bedroom guest house with private two bedroom owners accommodation for updating, arranged over three floors and having spectacular views over Plymouth Sound to Drakes Island from the rear of the building.

St Malo is set in a prime trading position situated close to the seafront and within walking distance to the famous Plymouth Hoe and promenade with easy access to the Cross Channel Ferry Terminal, Plymouth University and the City centre with all its amenities.

It is possible that the property could continue to function as a successful guest house but there is also potential for those looking for a residential development venture to sub-divide into flats or as a substantial room by room lettings venture, subject to all necessary planning consents being obtainable.

Guest House Accommodation

Ground Floor

Inner lobby, hallway, dining room and bedroom with en-suite.

First Floor

Landing, W.C. and two en-suite bedrooms.

Second floor

Large landing and three en-suite bedrooms. Access to the roof garden.

Owners Accommodation

Ground Floor

Accessed via the main hallway to private entrance door, living room, inner hallway and kitchen.

First Floor

Landing, storage cupboard, bathroom and bedroom.

Second Floor

Landing and further bedroom.

Outside

There is a large roof garden as well as a rear courtyard with a brick-built store used as a laundry room and two sheds.

Auctioneer’s Note

For information relating to the commercial element’s rateable value and other available data go to www.gov.uk/correct-your-business-rates and enter the postcode for the property into the appropriate search field.

Local Planning Authority

Plymouth City Council: Tel: 01752 668000. Website: plymouth.gov.uk.

Freehold with Vacant Possession

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 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 cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

* Additional Fees

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 cliveemson.co.uk/buyers-fees/

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