Lot 11 - 12 /14 MANNAMEAD ROAD MUTLEY PLAIN, PLYMOUTH, DEVON PL4 7AA

Guide Price : £165,000 - £175,000
Sold : £188,500
MUTLEY PLAIN, PLYMOUTH, DEVON, PL4 7AA

Features

  • Freehold Commercial/Residential Investment opportunity also well suited for owner occupation
  • Occupying a prominent site in the busy commercial centre of Mutley Plain
  • Offered with vacant possession but until recently entirety let for commercial usage to Estate Agents with the benefit of A2 planning use
  • Potential for reversion to mixed commercial/residential usage incorporating a self contained two bedroomed flat at the upper level which is a previous use subject to any necessary planning permission being obtained.
  • Additional features include spacious lower ground floor area with potential for development subject to planning permission, off street car parking for at least 2 cars at the rear of the site and a valuable and unique display or advertising kiosk prominently located in the pavement at the front of the property.
  • Capable of generating a high rental income when fully let.

Tenure : Freehold

Property Details

Location

This property is situated in the busy Mutley Plain district shopping centre at its junction with Mannamead Road with a predominance of Estate Agents and Financial Services providers in the immediate vicinity. Plymouth City Centre and the main campus of the University are readily accessible not more than one mile distant.

Description

A substantial freehold property with flexible accommodation at one time in the past utilised as lock up commercial premises with self contained flat over and more recently let in its entirety for commercial usage with the benefit of A2 planning usage, off street car parking facility and prominent display kiosk on the pavement outside the building with high visibility

Business Rates

Rateable Value 2010: £12500

UBR Multiplier 2015/2016: 49.3 pence in the £

For illustrative purposes only and not necessarily correct in every detail. NOT TO SCALE
Prospective purchasers should satisfy themselves as to the actual layout by personal inspection. This plan is provided for location identification purposes only. It does not necessarily indicate the precise boundaries of the site.

Auction Information

  • Status : Sold
  • Result : £188,500
  • Residential Property Auction
  • Auction Date : Thursday 7 Apr 2016
  • Auction Start Time : 14:00
  • Auction Venue : The New Continental Hotel, Millbay Road, , Plymouth,, PL1 3LD
Download Property Details View Auction Details General Conditions of Sale Notices to Prospective Buyers

Vendor Solicitors Information

COODES SOLICITORS,
Elizabeth House,
Castle Street, Truro,
Cornwall, TR1 3AP

Tel: 01872 246200
FAX: 01872 241122

DX: 81202 - 1 TRURO
Reference: Sarah Cowley

Sole Agents Information

Shobrooks

Curent EPC Rating : 91 - B