Lot 71 Former Public House Plus Three Vacant FlatsAuction Date:
14th December 2022
The Prince Albert, 35 & 35A Marlborough Street, Plymouth, Devon, PL1 4AW
An opportunity to acquire a large property located in the centre of Marlborough Street, a mixed use commercial and residential area with its many local amenities as well as the Devonport Train Station being in close proximity.
The property consists of four units comprising a public house in need of some improvement with front and rear access; a three-bedroom maisonette requiring full refurbishment and two, one-bedroom flats which could benefit from some updating.
Individuals may wish to make use of the public house in its current guise. Alternatively, it is considered the premises offers potential for an alternative commercial use or, perhaps, conversion to residential, subject to all necessary consents being obtainable. The maisonette, once refurbished, would make for a beneficial letting investment or possibly a post-works sale whilst the two flats would make good additions to an investment portfolio.
35 Marlborough Street
Prince Albert - Ground Floor
Bar and seating area, two W.C.s, cellar and kitchen.
Outside
Rear courtyard.
Maisonette
Ground Floor
Entrance lobby.
First Floor
Kitchen, living room and study.
Second Floor
Three bedrooms and bathroom with W.C.
Council Tax Band B
35A Marlborough Street - Ground Floor
Communal entrance.
Flat 1
First Floor
Bedroom, shower with W.C., kitchen and living room.
Council Tax Band A
Flat 2 - Second Floor
Kitchen/living room, bedroom and bathroom with W.C.
Council Tax Band A
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
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
