Lot 4: PROMINENT MIXED COMMERCIAL AND RESIDENTIAL INVESTMENT/RE-DEVELOPMENT OPPORTUNITY

An extensive four storey building in a prominent position directly next door to the recently refurbished Co-Operative supermarket, opposite Costa Coffee and Superdrug. The Mutley Spice Indian Restaurant has traded in the past from the commercial element coupled with, we understand, the two upper floors having been operated as a House of Multiple Occupation (HMO).

The property would benefit from a thorough programme of refurbishment coupled with attention to maximise the internal layout in order to achieve the highest rental and capital values possible, subject to all necessary consents being obtainable.

Accommodation

Ground and basement floors with access to rear yard.

First floor

Three bedrooms, kitchen and bathroom.

Second Floor

Three bedrooms, kitchen and bathroom.

Outside

To the rear is a useful area of yard space with pedestrian access to Ford Park Lane.

Local Planning Authority

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

Auctioneer’s Note 1

At the time of publication the Auctioneers have been unable to internally inspect the property. Interested applicants should rely on their own investigations to verify the information provided.

Auctioneer’s Note 2

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 in the appropriate search field.

Freehold with Vacant Possession

Residential EPC: G
Commercial EPC: E