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COMMERCIAL

29 Belair Road, Peverell, Plymouth, Devon PL2 3QH

Guide Price
£80,000
Auction House, South West
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Current EPC Ratings 29b - B45, 29c D86
  • Online Unconditional Livestream Auction On 9th July 2024 At 2pm
  • A Freehold Commercial Investment Opportunity
  • Comprising Of Three Units - Two Are Vacant
  • Rear Store/Workshop With Potential To Let
  • Off Road Parking At The Rear
  • Sought After Residential Area
  • Online Legal Pack Available To Download Free Of Charge Via Our Website
  • See Additional Fee Note

Description

***SOLD IN OUR LIVESTREAM AUCTION - SIMILAR PROPERTIES REQUIRED*****Guide Price £80,000 - £90,000 (+ fees). For Sale by Unconditional Livestream Auction Tuesday 9th July 2024 at 14:00. A Freehold Commercial Investment Opportunity Comprising of Three Units (Two Vacant and 1 Let). Sought After Residential Area of Peverell. Legal pack available to download free of charge from our website!

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.

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: 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.

Tenure: Freehold

EPC Rating: B45 (29b), D86 (29c)

Administration Fee: £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.

29 Belair Road, Peverell, Plymouth, Devon PL2 3QH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Plymouth Station1.2 miles
  • Keyham Station1.3 miles
  • Devonport Station1.4 miles

About the agent

Auction House, South West

Suite 204B, Second Floor, Studio 5-11, Millbay Road, Plymouth, Devon, PL1 3LF

Auction House, South West

Auction House South West are specialist Land and Property auctioneers that bring independence and expertise to the sector. We are part of the highly successful nationwide Auction House network, with 35 auction rooms across England, Scotland & Wales. Since beginning in 2007, we have always been acutely aware that doing right by our clients is the only way to grow a healthy and sustainable business. Having now sold over 40,000 properties with a collective value of £4.8 Billion, our client base

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202406051105sq_5g0t. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, South West. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, South West on 01752 741383.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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