IMPRESSIVE INVESTMENT PROPERTY
Ref : M3398
Price
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.
- Valuable commercial investment property.
- Prime main road site in a popular commercial and residential area of Plymouth.
- First floor currently let to dental surgery generating £20,000 per annum.
- Separate vacant ground floor office and surgery previously let generating £13,000 per annum.
- Anticipated Total Rental approx. £33,000 pa plus when fully let.
- Potential for conversion to residential, subject to necessary consents.
- Viewing recommended.
This impressive investment property occupies an enviable main road trading position, adjacent to one of the main road access routes leading to Plymouth city centre. It is prominently located at the junction of Hyde Park Road with Mannamead Road and Mutley Plain. Mutley Plain is an extremely popular secondary shopping parade and has numerous retailers represented within it, including Tesco, Sainsburys, Co-op, Costa Coffee, Boots, Wetherspoons, Kentucky Fried Chicken, Dominoes Pizza, etc. In addition, there is a variety of retail concerns represented nearby as are numerous office premises, housing professional concerns such as estate agents, surveyors, mortgage brokers, solicitors, etc. In turn, there are two public car parks located within walking distance.
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 unit is end of terrace and is of traditional construction. The first and second floor are self-contained and currently utilised as a dental surgery let on a formal lease at an annual rental of £20,000 per annum. In turn, the office/surgery suite on the ground floor is currently vacant but was previously let to a charity at an annual rental of £13,000 per annum.It is felt that their is scope for conversion to residential accommodation, subject to any necessary consents. An early viewing appointment is highly recommended.
Viewing
Our clients require that all viewings must be arranged by prior appointment through our offices. Telephone now on PLYMOUTH (01752) 20 60 20 (24hr answering service) when we will be pleased to make all your appointments for you, and bring you up-to-date with newly listed businesses.
Professional Services
We are also Specialists in Valuations for all purposes, Rent Reviews, Lease Renewals, Rating, Compensation, Planning, Property Management and Auctions. Contact our team of professionally Qualified Surveyors, Valuers and Auctioneers for all your requirements. Telephone us now on PLYMOUTH (01752) 20 60 20 (24hr answering service).
Mortgages
Contact our offices now for all your mortgage requirements. Plymouth (01752) 20 60 20.
Complete the form below and we will contact you as soon as possible
Office Address
Huntley & Partners
20 Luxus House
Forge Lane
Saltash
Cornwall
PL12 6LX