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For Sale

The Thai House

Specifications

£
For Sale: £100,000 Guide Price
The Thai House, 63-64 Notte Street, Plymouth, Devon, PL1 2AG
Current Brochure

Summary

Mixed residential and commercial investment property
Ground Floor with three further floors of accommodation above
Central location

Description

A deceptively spacious four-storey property briefly comprising of a Thai restaurant on the ground floor with three further floors of accommodation above. The property is sold subject to a lease of the entirety of the building but offers graphic scope and potential, following refurbishment and repair, to create an enviable investment proposition, subject to of course gaining vacant possession and subject to all necessary consents being obtainable.

Location

Notte Street is prominently located close to the City Centre of Plymouth. It is well positioned between the main retail sector and the historic Barbican area being close to the Magistrates Court.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £11,250, therefore making the approximate Rates Payable £5,613 per annum for 2024/25.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC / MEES

D(86)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Agent Contacts