Residential and Commercial Property Auction

Thursday 29th Mar 2007

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

Lot 11 : 42 MANNAMEAD ROAD
Mutley, Plymouth, Devon

Guide Price £220,000 – £230,000

Location

This property is located in a busy trading position within a small parade of similar units at the northern end of the Mutley Plain district shopping centre much favoured by Estate Agents, Solicitors and other financial service providers. Plymouth City Centre is also readily accessible not more than 1 mile distant.

Description

A substantial property of considerable character which still retains some original features and which provides spacious accommodation on two principal floors together with additional dormer rooms. It is arranged as a self contained centrally heated office suite with ancillary accommodation on the ground floor together with a self contained centrally heated three bedroomed maisonette on the upper two floors. The ground floor premises are let on a lease expiring June 2007 at a current rent of £8500 per annum and the first/second floor maisonette is let on an Assured Shorthold Tenancy Agreement at a current rent of £600 per calendar month i.e. £7200 per annum.

Tenure

Freehold subject to lease for ground floor premises and existing Assured Shorthold Tenancy in respect of first/second floor maisonette.

Accommodation

Ground Floor

Vestibule Entrance, Entrance Hall, Main Office, Rear Office, Cloakroom with W,C., Kitchen, Tenement Office/Store. A First and Second Floor Maisonette Comprising

First Floor

Landing, Lounge, No. 1 Bedroom (double), Half Landing, Separate W.C., Breakfast Room, Kitchen and Bathroom with bath, wash hand basin and W.C.

Second Floor

Half Landing with access to roof garden/patio area, Landing, No. 2 Bedroom (double), No. 3 Bedroom (double)

Outside

Forecourt Enclosed rear courtyard garden.

 
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