Sold Prior for £135,000.

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A vacant freehold public house (4876 sq ft, source EPC)

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Description/Location

The Royal Naval Arms is situated in Keyham, a suburb to the West of Plymouth city centre. The property comprises a ground floor public house with living accommodation to the first floor with both internal and external access and is arranged as 1 x 2 bedroom and 1 x 1 bedroom flats with separate kitchens, bathrooms and living rooms, although planning currently allows for one larger flat. The property is Grade II listed due to the ceramic tiles to the ground floor elevation.

VAT IS APPLICABLE TO THIS LOT

Tenure

Freehold

Local Authority

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Please contact Elliott Network Auctions on 01923 240420

Accommodation

Ground Floor Public bar and servery, male and female w.c's, lounge bar and servery. Access to basement beer cellar, male and female w.c's, 2 store rooms. First Floor Inner hallway with 2 bathrooms, 2 reception rooms, 2 kitchens, 3 bedrooms. Outside Enclosed beer garden to rear. Separate garden for owners use. Energy Rating : D/100

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.