| Unit | Accommodation | Tenancy | Rent |
| Third floor flat | Reception room, bedroom, kitchen, shower room/wc Gross internal area approximately 41 sq m (441 sq ft) | Let on an assured shorthold tenancy for 12 months from 28/02/2019 at a rent of £450 per month | £5,400 pa |
| Second floor flat | Reception room, bedroom, kitchen, shower room/wc Gross internal area approximately 41 sq m (441 sq ft) | Let on an assured shorthold tenancy for 12 months from 01/03/2019 at a rent of £450 per month | £5,400pa |
| First floor flat | Reception room, bedroom, en-suite shower room, kitchen, Gross internal area approximately 40 sq m (431 sq ft) | Let on an assured shorthold tenancy for 12 months from 06/03/2019 at a rent of £450 per month | £5,400pa |
| Ground floor shop | Retail area, kitchen, staff toilets. Gross internal area approximately 39 sq m (420 sq ft) | Let to Ocean Publishing Prints Limited, trading as a gallery (now holding over) on a 5 year lease which commenced on 10/02/2014. The tenant has expressed an interest in signing a new 5 year lease, interested parties must rely on their own enquiries. | £13,000 pa |
| Total rent reserved | £29,200 per annum. |
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Auction
26 Southside Street, Plymouth, Devon, PL1 2LD
-
Auction
- Lot 18
- United Kingdom
- Mixed Use
- Residential
Invited Opening Bid £300,000
Property Summary
- BY ORDER OF THE LPA RECEIVERS
- Ground floor shop with 3 x 1 bedroom apartments above.
- Located within a busy parade of shops.
- Popular and central location.
- Investment producing £29,200 per annum.
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Location
Situated within the popular Barbican area of Plymouth town centre between Vauxhall Street and The Barbican and a few metres from Sutton Harbour and Marina. This is a busy tourist area and boasts many shops, cafés, restaurants and bars. Other nearby occupiers include Subway, 42nd Street restaurant, Pasta Bar and a fudge shop plus the Navy Inn amongst many other local independent traders.
Tenure
Freehold
VAT
We are informed that VAT is applicable on the ground floor only. However all intending purchasers are advised to seek advice on taxation issues.
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*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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