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Keppel Pl - Stoke Damerel College 25,124 sq ft Specialist Building Offered at £1,500,000 in Plymouth PL2 1AX

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INVESTMENT HIGHLIGHTS

  • Asking Price £1,500,000
  • Attractive building in an established location
  • 0.43 acres Freehold
  • Consented conversation to 23 flat; partially commenced

EXECUTIVE SUMMARY

A former School this imposing building has an existing GIA of 25,124 sq ft increasing to 25,569 under its consented planning (ref: 20/01277/FUL) to provide 23 flats. Work has commenced and the building has been partially stripped out along with partition stud work, the bulk of the conversion work is still required. The building currently hosts some telecoms mast under licence and any interested party must seek their own legal due diligence to clarify the agreement.
The property is situated in The Devonport area of Plymouth which has a population in excess of 250,000. The property is situated in an established residential area close to local amenities and within a 4 minute walk of Devonport railway station. There are numerous parks within easy reach and the area has good connectivity by road via the A386, A30 and A303.

PROPERTY FACTS

Price £1,500,000
Price per sq ft £59.70
Sale Type Investment
Sale Condition Redevelopment Project
Tenure Freehold
Property Type Specialist
Property Subtype School
Total Plot Size 0.63 ac
Property Size 25,124 sq ft
No. Floors 5
Year Built 1700

AMENITIES

  • Bus Route
  • Listing ID: 30686767

  • Date on Market: 18/01/2024

  • Last Updated:

  • Address: Keppel Pl, Plymouth PL2 1AX

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