LUCRATIVE INVESTMENT PROPERTY

Ref : L1617

Price

Freehold : Guide Price :: £140,000.00 - £160,000.00 SOLE AGENTS

Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.

  • Lucrative public house investment property
  • Large corner period property
  • Traditional lounge bar, pool room, customer toilets and cellar
  • Spacious self-contained 3 bedroom accommodation
  • Old-fashioned wet led public house
  • Currently let on commercial lease generating rental income approx. £14,400pa
  • Freehold offers - £140,000 to £160,000

The Avondale Arms occupies a prominent corner trading position at the end of Keyham Road, directly opposite St. Levan’s Gate, one of the main entrance points to Devonport Dockyard and naval base. There are a variety of businesses located nearby, and the surrounding area is densely populated which has, in years gone by, helped to ensure a consistent year round custom for the business.

Plymouth, with a population of over 250,000 is the largest city in the West Country.  Largely rebuilt since World War II it is now a thriving industrial and commercial centre and is still one of the Royal Navy's principal base and warship repair dockyards.  The city has excellent educational, recreational and entertainment facilities and access to the rest of the country is gained by road via the A38/M5 motorway and by rail.  Europe is also accessible by the car/passenger ferry which is operated from its terminal at Millbay Docks.

The premises appear to be of traditional construction with rendered and painted elevations and a main pitched slate roof together wit some flat roof areas. In brief they comprise a large and traditional lounge bar with separate pool room, customer toilets, store and cellar to the ground and lower ground floors, with a spacious 3 bedroom flat to the upper floor.

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Office Address

Huntley & Partners
16 Watson Place
Plymouth
Devon
PL4 9QN

Telephone

01752 206020

(24hr answering service)