Revved up for motor sale

JamesT
Authored by JamesT
Posted: Sunday, May 1, 2016 - 11:49

A motor sales and MOT garage with a flat on a large site with development potential in Plymouth is coming to auction.

The Hilltop Garage in Austin Crescent has a freehold guide price of £275,000 to £325,000. It is among the West Country lots listed for sale by the regional land and property auctioneers Clive Emson in June.

Graham Barton, Senior Auctioneer, said: “This substantial property is likely to appeal to those in the motor trade.

“We are also expecting keen interest from those with an eye on the potential for a multiple unit residential redevelopment scheme subject to the necessary consents.”

Set in 0.33 acres (0.13 hectares), the garage includes four MOT bays, a reception, offices WCs, off-road parking and a 30m frontage to Austin Crescent.

The flat has two bedrooms, parking, a garage and its own dedicated garden area.

A large and versatile three-storey link-detached mixed commercial and residential investment property in Plymouth is also available.

On offer freehold with a guide of £375,000 to £425,000, the complex at 11 St Erth Road, at Manadon, is currently let at a total £47,320 per annum.

Arranged as a fully-let nine-bedroom HMO, the property has an established family-run exotic bird business on the ground floor let on a 15-year lease from February 2014 at £7,020 per annum.

The nine flats are let at £40,300 per annum with off-road parking for multiple vehicles.

The property is being jointly offered with City Sales of Plymouth.

Clive Emson Auctioneers holds eight rounds of auctions at five locations from Essex to Cornwall on consecutive days every six weeks, this time with a total of 145 lots.

The independent, family-run firm has had an excellent year so far, selling properties to the value of £65 million at a success rate of 85%, well above the national average.

Starting at 11am, the fourth of Clive Emson’s eight regional West Country auctions in 2016 takes place at the St Mellion International Resort, St Mellion, Cornwall, on Friday June 17.

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