In Part 1 of this study, a model set exactly preserving the MHD hyperbolic singularities was considered. By developing the viscosity admissibility condition, it was shown that the intermediate shocks are necessary to ensure that the planar Riemann problem is well-posed. Here in Part 2, the MHD Rankine–Hugoniot condition and rarefaction-wave relations are presented in phase space, which allows construction of analytical solutions of the planar MHD Riemann problem. In this process, a viscosity admissibility condition is proposed to determine physically admissible shocks. A complete account of MHD Hugoniot loci is given, leading to a classification of several subproblems in which the solution patterns are qualitatively same. Finally, it is shown that the planar MHD Riemann problem is well-posed using intermediate shocks that have been considered non-evolutionary.