A Mixed Use Building with a Vacant Commercial Unit and Two Studio Flats Currently Part-Let Producing £4,500 per annum. Estimated Rental Value When Fully Let is (Residential) £9,000 per annum. The Commercial Rateable Value (2017) is £10,750.
A mixed use building arranged over ground and two upper floors floors set within a mid terrace building. The commercial parts are approximately 108 foot long (spread over multiple floors) with 2 x studio flats on the first and second floors.
Lots 82, 83 and 84 to be Offered Either Individually or Collectively
The properties occupy a prominent main road position, directly opposite HMS Naval Base Devonport, which include MOD, Navy & Babcock Marina. Albert Road is a well-established and popular retail/commercial area with a range of trades and businesses servicing a large local community.
Current Rent Reserved
Current Rent Reserved £4,500 per annum
230 Albert Road - Rateable Value (2017) £10,750
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.