LOT
2
Sold for £129,000
A former public house with the benefit of rear courtyard, cellar areas and owners accommodation above arranged over three floors. The property is prominently situated at the junction of Molesworth Road and Hotham Place, adjacent to Victoria Park and conveniently situated for the facilities and amenities of Stoke Village. Whilst in need of a programme of refurbishment the property would lend itself to a variety of uses and perhaps conversion into flats, subject to any requisite consents, upon which interested parties must make and rely upon their own planning enquiries of Plymouth City Council planning department.
Stoke Village offers a wide range of facilities and amenities including shops, restaurants, bars, schools and public transport facilities, with further facilities and amenities in Plymouth city centre beyond.
Main entrance and trading area, lobby and side entrance with stairs rising to the upper floors, ladies and gents wc's and access to the rear courtyard.
Accessed externally: Store room and three cellar areas.
Landing, room one, kitchen lobby, wc, room two, room three.
Landing, room four, room five, bathroom.
Landing, room six, room seven.
Enclosed rear courtyard with gated access to Hotham Place.
Energy Efficiency Rating - D
Wendy Alexander
Viewing:
Strictly by appointment with Countrywide Property Auctions 0151 734 7509 (Monday - Friday); Miller Countrywide Plymouth 01752 668242 (Weekends).
GUIDE PRICES & RESERVE PRICES
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Edgcumbe Hotel, Molesworth Road, Stoke, Plymouth PL1 5LZ
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An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).
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