Compound 4, Par Moor Road, Communication Centre, Par, Cornwall, PL24 2SQ

Description

A Plot of Land Rectangular in Shape Comprised of Hardstanding. Potential for a Variety of Commercial Uses Subject to all Relevant Consents. The lot comprises a plot of Land Rectangular in Shape Comprised of Hardstanding.

Location

The land is situated on a well established commercial trading estate. The open spaces of Spit Beach Par are within easy reach. Transport links are provided by Par rail station. The site area depicted within the plan in the auction particulars is for indicative purposes only. Additionally, any measurements stated may not be exact. Some or all of the plot may comprise adopted highway land and if the site has trees, there may be Tree Preservation Orders in place. Buyers should rely on their own enquiries with regard to precise measurements, any consents or rights over the land and any possible development potential or alternative uses for this site.

Tenure / Property Information

Investment Analysis

The evidence confirms a freehold rectangular hardstanding plot on an established commercial trading estate, with potential commercial uses subject to relevant consents. The supplied sold comparables relate to materially different properties or larger commercial assets and provide no reliable land-value benchmark for this plot. No site area, planning position, access/right information or independent land comparable is supplied, so GDV and a maximum bid cannot be supported.

Investment Snapshot

Strategy Recommendation

Do not bid on investment assumptions. Proceed only after solicitor and planning due diligence confirms the plot area, title, access, adopted-highway position, permitted use and realistic resale or commercial-use value.

Works Required

No physical refurbishment works are evidenced. Before bidding, verify the exact boundaries, condition of the hardstanding, access, services, adopted-highway status, rights and any proposed commercial use or planning requirements.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not supported by the evidence. There is no established income, supported GDV, development consent, site-area measurement or refinance valuation. The £1,800 administration charge is known, but the buyer premium and possible additional charges are unspecified.

Buy-to-Let Analysis

BTL cannot be assessed: no residential accommodation, rental evidence or passing rent is supplied. The plot is described as land with potential commercial uses subject to consent, so no rental yield should be assumed.

Flip Analysis

A flip appraisal cannot be established. The supplied comparable sales are for different commercial or other properties and cannot reliably determine the plot's resale value. No supported selling allowance or development potential is provided.

Investor Risks & Due Diligence

• The auction particulars state that the site area and measurements are indicative only.

• Some or all of the plot may comprise adopted highway land.

• Potential commercial uses are subject to all relevant consents.

• Buyers must independently verify precise measurements, consents, rights and development or alternative-use potential.

• Trees may be subject to Tree Preservation Orders if present.

• The buyer premium is unspecified and special conditions may add search, seller-cost, legal, transfer and other disbursement charges.

• No sufficiently specific rental comparable or auctioneer rent estimate is supplied.

Recommendation

Do not bid on investment assumptions. Proceed only after solicitor and planning due diligence confirms the plot area, title, access, adopted-highway position, permitted use and realistic resale or commercial-use value.

Strategy Rating

Analysis Confidence

The evidence identifies the tenure, general land form and location, but omits site area, planning status, services, access certainty, rental evidence, relevant land comparables and complete acquisition costs.