Residential and Commercial Property Auction

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Thursday 27th Mar 2008

Property Auction- Commencing 2.00pm at the New Continental Hotel, Millbay Road, Plymouth.

Lot 14 : HARBOUR AND PATHWAY AT FREEMANS WHARF
Cremyll Street, Stonehouse, Plymouth, Devon

Guide Price Ł50000 - Ł60000

A rare opportunity to acquire a harbour with pier/promenade and slipway in a much favoured residential location.
Includes path and sea wall fronting residential developments at Freemans Wharf and Telegraph Wharf.
Considerable potential for generating income from moorings or other waterside activities.

Vendors Solicitors

Whiteford Crocker, Ridgeway House, 111 Ridgeway, Plympton, Plymouth, PL7 2AA

Tel: 01752 335994 Fax: 01752 348823

DX: 98900 Plympton Reference: Mr Darren Mellow

Sole Agents

Shobrook & Co Ltd

All plans and maps are for location identification purposes only and they do not form part of any contract. They do not necessarily indicate the precise boundaries of each site.

Location

Freemans Wharf and the adjoining Telegraph Wharf are located on the western side of Cremyll Street just to the north of the main entrance to the historic Royal William Yard in a conservation area which has become a much favoured residential location a little over 1 mile from Plymouth City Centre. This area has benefi ted greatly from major expenditure on infrastructure and other environmental improvements carried out in recent years.

Description

The property on offer comprises a fi ne harbour, which is tidal, with its valuable potential for leisure or commercial activity including the prospective income which could be derived from moorings. It also includes the pier/ promenade which also has a slipway for small boats, together with the paths and sea wall running in front of Freemans Wharf and Telegraph Wharf, two prominent residential developments completed in recent years. It enjoys a return frontage to Cremyll Street with a crane/ hoist which is a further feature.

Tenure

Freehold.