FREEHOLD INVESTMENT-MIXED RETAIL SHOPS AND RESIDENTIAL GROUND RENT INVESTMENTS
Ref : M3422
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.
- Freehold investment.
- Mixed retail and residential ground rent investment.
- Prime location. Heart of historic water's edge Barbican area.
- Substantial period property comprising 3 self-contained retail shop units producing commercial rentals, together with 8 self-contained flats sold off on long leases generating annual ground rents.
- Total Rental Income approx. £28,000 per annum.
- Viewing recommended.
This impressive and substantial period property is located in a prime trading position in Southside Street, in the very heart of Plymouth's historic harbourside Barbican area. The Barbican is the city's most popular tourist area, famous for its narrow cobbled streets and history, tourist style shops, art galleries, restaurants, public houses, clubs, wine bars etc. The harbourside itself has a large number of boat moorings and marinas, and the city's famous Plymouth Hoe and main sea-front area are all within easy 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 premises are terraced, with the original part of the property at least 150 years old and of traditional style construction with rendered elevations extending over three floors to the front, together with a large two storey property to the rear.
In brief, it comprises 3 self-contained shop units at ground floor level fronting on to Southside Street, together with 8 self-contained flat units located to the upper floors and rear, all of which have been sold off on long leasehold interests and generate a ground rent.
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.
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Office Address
Huntley & Partners
20 Luxus House
Forge Lane
Saltash
Cornwall
PL12 6LX