Lot No.: 8
3 SUSSEX PLACE
THE HOE, PLYMOUTH, DEVON PL1 2HT
Sole Agents
SHOBROOK & CO LTD
Guide Price circa £140,000
(plus fees stated inside front cover)
A substantial freehold residential investment
property of character
An imposing building arranged as four self
contained flats, two of which have been sold on
long leaseholds and two of which have been let on
Assured Shorthold tenancies
Situated in a quiet cul-de-sac in a prime letting
district in close proximity to Plymouth Hoe and the
City Centre
Currently fully let and producing a gross rental
income including ground rents equating to
approximately £11750 per annum
Property Details
Location
Sussex Place is situated off Citadel Road within easy walking
distance of the City Centre and the waterfront along Plymouth
Hoe and the Barbican.
Description
A bay fronted building arranged as four self contained flats
and enjoying the benefit of a favoured central location in the
heart of a well established residential area popular for both
owner occupation and for letting purposes.
Accommodation
Lower Ground Floor Flat
subject to a long lease
Ground Floor Flat
subject to a long lease
A self contained First Floor Flat comprising:
Entrance Lobby, Sitting Room/Kitchen combined, Bedroom
(double) and Shower Room with shower, wash hand basin
and W.C.
A self contained Second Floor Flat comprising:
Landing, Sitting Room/Kitchen combined, Bedroom (double)
and Bathroom with bath, wash hand basin and W.C.
Tenure
The property is offered subject to existing long leases and
Assured Shorthold tenancies which at the time of going to
print are as follows:-
Lower Ground Floor Flat (Flat 1)
subject to a long lease
for a term of 999 years from 7th August 1984 at a ground
rent of £50 per annum.
Ground Floor Flat (Flat 2)
subject to a long lease for a
term of 999 years from 22nd November 1984 at a ground
rent of £50 per annum.
First Floor Flat (Flat 3)
let on an Assured Shorthold
tenancy at a rent of £510 per calendar month.
Second Floor Flat (Flat 4)
let on an Assured Shorthold
tenancy at a rent of £460 per calendar month.
EPC Rating:
First Floor Flat: D67, Second Floor Flat: E43
Vendors Solicitors
WOLFERSTANS, Deptford Chambers, 60/66 North Hill, Plymouth,PL4 8EP
Tel: 01752 663295 Fax: 01752 672021
Reference: Nikki Cobb
