End terrace house for sale in Looe Street, Plymouth, Devon PL4

Large grade II listed property located only a stones throw from Plymouth's historic Barbican with planning permission. (Ref. No: 23/00453/ful)
This property is for sale by conditional online auction, powered by Bamboo Auctions. Place a bid at by 12pm 5th April 2024.

Description

Grade II listed building which in previous years was occupied by Plymouth Arts Centre. Boastring granted planning permission to convert into two large duplex apartments with a small commercial front, located within a moments’ walk of both Plymouth town centre, historic Barbican and Sutton Harbour.
Set over 4 storeys as well as a basement this building currently offers retail frontage with an impressive mezzanine gallery overlooking the ground floor. Occupying approximately 756sq m this building offers a substantial amount of space and possible prospects.
We welcome prospective buyers to view the property prior to the auction end date. Please contact Bradleys on to enquire further.

Auction Terms

This property is being sold by conditional online auction and a non-refundable reservation fee of £5000 or 3.5% + VAT applies, whichever is the greater (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of £5,000 + VAT (£6,000) or 3.5% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder. You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase.

Terms and conditions apply to the modern auction method of sale, which is operated by Bradleys Property Auctions.

Definition Of A Guide Price And A Reserve Price:

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, 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. Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve. 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.

Agents Note

'Required Information'

Tenure - Freehold
Council Tax - N/A