New year ..new investment

Anybody who thinks that all the fall out from the financial crisis has gone is wrong.  We spotted this new investment on the Allsop website available through administrators (not quite as desperate as liquidators).  The property details are:

Zero 4, 24-26 The Crescent, PLYMOUTH, PL1 3AD

Freehold residential and part commercial investment:

    •    Comprising 122 flats and 821 sqm (8,842 sqft) of A3 retail accommodation ('shell' condition)
    •    93 flats subject to ASTs, 7 vacant flats and 18 flats sold on long leases
    •    4 part complete penthouse flats
    •    42 car parking spaces (6 subject to long leases)
    •    Total current rent reserved:  £645,820 per annum (inclusive of £1,900 ground rent income)
    •    Estimated rental value (fully let) £705,108 per annum
    •    Located within the heart of Plymouth benefitting from good local amenities and excellent transport links
    •    Offer deadline 7 February 2014

Offers in excess of £7,000,000

For more details:

Anthony Dixon
+44 (0)20 7344 2625
anthony.dixon@allsop.co.ukJames Hood
+44 (0) 207 344 2637
james.hood@allsop.co.uk
 
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