LUCRATIVE LICENCED INVESTMENT PROPERTY

Ref : L1645

Price

999 Year Lease : Offers in the Region of :: £110,000.00

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 pub investment property.
  • Close to Sutton Marina, historic Barbican and Plymouth city centre.
  • Charming lounge/bar area, servery, kitchen, cloakroom and cellars.
  • Business unaffected.
  • Let on commercial lease with rental income £12,000 per annum.
  • Healthy return over 10%.
  • Viewing recommended.

The Old Friary Cider House is located in an enviable trading position in Bretonside, close to Sutton Marina, the historic Barbican area of Plymouth and the main city centre.  The Drake Circus shopping mall is within easy walking distance, as is Plymouth’s thriving university and main student campus.  The surrounding area is a variety of both high quality residential flats together with commercial developments, all of which combine to ensure consistent custom for the business.  In turn, the recent completion of the multi million pound development of Cineworld , a 12 screen multi-plex cinema complex, with restaurants and bars nearby, should help to further enhance the popularity of the area and produce more custom and trade for businesses in the locality.

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 are lock-up and briefly comprise an attractive lounge/bar area with servery, customer toilets, cellar and kitchen.  A viewing appointment is recommended for this strong investment property. 

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Office Address

Huntley & Partners
117 Ridgeway
Plympton
Plymouth
Devon
PL7 2AA

Telephone

01752 206020

(24hr answering service)