A Freehold Building Comprising Of Three Commercial Units

Situated within the desirable residential area of Peverell, close to local amenities, good schooling and regular transport links into Plymouth city centre. This freehold commercial investment comprises of three self-contained units, one of which is let and the other two are vacant. The vacant units have recently undergone cosmetic works and are ready to let. The middle unit briefly comprises of a large shop/office front with a kitchen area and WC to the rear. The end unit comprises of two shop/office spaces (interlinked with own access) as well as a shared kitchen area and WC to the rear. The third unit has been let since 2013 to a dog groomers. To the rear of the building there is a store/workshop which has been previously let separately as well as off road parking for approximately one car.

Tenure

Freehold

AUCTIONEERS NOTE

Please note, we are selling the freehold title for the building (DN62217) and the first floor flat (DN475784) is not included within the sale. The tenanted unit has been let to 'Hair N Hound' since 2013 on a commercial lease and is generating a gross income of £510pcm (£6,120PA gross). A new 3 year lease has been approved and will commence on the 15th June under the same terms. Further details can be found within the legal pack which is available to download via our website free of charge. The store/workshop at the rear has previously been let for £200 per month (£2,400PA).

VIEWINGS

Weekly block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West T: 03456 461361 to book a viewing slot.

NOTICE TO BIDDER

Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

FULL DETAILS

Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

Energy Efficiency Rating (EPC)

Current Rating B45 (29b), D86 (29c)

Local Authority

Plymouth City Council

Solicitors

Curtis Whiteford Crocker Solicitors, Ref: Natalie Roberts, Tel: 01752 204444

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.