Lot 103 Former Register Office On A Prominent Plot With Redevelopment PotentialAuction Date:
1st November 2024
49 Lockyer Street, Plymouth, Devon, PL1 2QD
A rare opportunity to acquire this substantial lot comprising a former register office and surrounding grounds, with mixed use redevelopment potential in a prominent location.
The property occupies a key location adjacent to the iconic Plymouth Hoe, and close to the city centre.
The former register office is circa 574 sq.m. (6,175 sq. ft.) and is arranged over two floors comprising offices, ceremony rooms and ancillary accommodation. Externally, there is a car park with approximately twenty spaces and further garden areas. In total, the site extends to approximately 0.27 hectares (0.67 acres).
The lot offers a unique opportunity for redevelopment, subject to all necessary planning consents being obtainable, in one of the most desirable areas of the city. The property is allocated in the Joint Local Plan under policy PLY27, for a mixed use development including a hotel and housing. Provision is made for in the order of 52 homes. https://plymswdevonplan.co.uk/policy/so3/ply27
Auctioneer’s Note
For information relating to the rateable value and other available data go to https://www.tax.service.gov.uk/business-rates-find/search 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