The new owner of Plymouth’s historic Merchant’s House will be faced with more than £350,000 of vital repairs to the Grade II* listed building, a report says. Plymouth City Council is close to signing a deal with an as-yet unnamed new owner for the freehold of the 16th Century building.

A key report, seen by PlymouthLive, reveals the building, in St Andrew’s Street, is in “fair" to "poor” condition and high-priority works are needed on it. These were valued at £367,100 in the report.

Of this, £224,300 of work was considered “unavoidable” and needed immediate attention, with £113,100 “urgent” and “essential”, and the remainder “necessary”.

But the Quadrennial Inspection and Professional Structural Appraisal report was published in April 2021, and no work has been carried out on the prop

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