Residential and Commercial Property Auction

Location

Barne Road is located on the south western side of the St Budeaux district shopping centre in Wolseley Road and connects the wider residential area around Barne Barton with St Budeaux. Plymouth City Centre is readily accessible some 3 or 4 miles distant.

Description

A substantial property with accommodation on three floors at present arranged as lock up shop premises on the ground and lower ground floors which are let on a full repairing lease for a term of 6 years commencing March 2006 at an escalating rent currently £2640 p.a. but rising to: £3100 p.a. with effect from 1 November 2007 £3400 p.a. with effect from 1 November 2008 £3800 p.a. with effect from 1 November 2009 £4300 p.a. with effect from 1 November 2010 Together with a self contained one bedroomed flat vacant at time of going to print but previously let at a rent of £366 per calendar month.

Tenure

Freehold subject to lease for shop and premises and subject to any tenancy if any in place in respect of the first floor flat.

Accommodation

On the Ground and Lower Ground Floors

Lock up shop premises with spacious storage accommodation, Kitchenette and W.C.

On the First Floor

A self contained flat comprising: Entrance Lobby, Landing, Lounge, Kitchen, Bedroom (double) and Bathroom with bath, wash hand basin and W.C. low level suite.

Outside

Forecourt Enclosed rear garden with hard standing.

Outbuildings

Large single garage.