End of Terrace Office Building Houndiscombe Road, Plymouth

91 HRP

£225000

Business Type

Tenure

Key features

  • Of interest to investors, developers and owner occupiers
  • A double fronted end of terrace office building
  • Suitable for a variety of uses subject to consent
  • Informal tender closing date Thursday 23rd May 2024 (unless previously sold)
  • Located at the Mutley Plain end of Houndiscombe Road
  • Close to Plymouth University
A double fronted end of terrace office building suitable for a variety of uses subject to consent. For sale by informal tender closing date Thursday 23rd May 2024 (unless previously sold)

More details

Situation and Description
This end of terrace property is at the Mutley Plain end of Houndiscombe Road on the corner of Napier Terrace.

The property has been used for any years as offices (class E) although originally it we assume would have been a residence. Prospective purchasers must make their own investigations regards any potential use required.

The property is in need of some updating and repair. An asbestos report was completed in 2016 a copy of which is available on request.

Outside – Rear yard accessed from the lower ground floor/basement. The yard has no vehicle access only a side pedestrian gate with steps down from road level.

Process
The Vendors are inviting offers for this freehold property with a guide of £225,000+
The closing date for offers is 12 noon Thursday 23rd May 2024.

The Vendors do not bind themselves to accept the highest or any offer and reserve the right to accept an offer prior to the closing date. If this is the case, all parties who have viewed will be informed in order that they have the opportunity to also make an offer.
As with all these cases the preference will be to receive unconditional offers with evidence of funding showing the ability to proceed. However, we are happy to receive conditional offers which will be reported as well.

Rateable Value
Due to multiple occupation over the years there are 3 current rateable values
Part ground floor, basement + first floor £6600
Single ground floor room £2095
Part basement £580

EPC – D Legal Costs – Each party to pay their own legal costs.

VAT – All prices and rents quotes are exclusive of VAT where chargeable

Viewing and further information – Contact Waycotts.

 

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