LUCRATIVE INVESTMENT PROPERTY

Ref : M3423

Price

Freehold : Offers in the Region of :: £245,000.00

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 investment property.
  • Prime main road site in popular commercial and residential area.
  • Period property comprising self-contained office suite, separate two bedroom flat and self-contained archive store.
  • Fully let generating approx. £19,300 per annum.
  • Highly recommended.

This impressive investment property occupies an enviable main road trading position adjacent to one of the main arterial routes leading into Plymouth’s main city centre. It is located at the junction of Mannamead Road and College Avenue, at the northern end of Mutley Plain. Mutley Plain is a popular secondary shopping parade which has numerous retailers represented within it, including Tesco, Sainsburys, Co-op, Costa Coffee, Boots, Wetherspoons, Kentucky Fried Chicken etc. In addition, there is a varied selection of other retail concerns nearby, as well as numerous office premises housing professional concerns such as estate agents, surveyors, mortgage brokers, solicitors etc. Indeed, the said property is located in a well known terrace which is referred to locally as “Estate Agent’s Parade”.

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 and appear to be of traditional construction with rendered and painted elevations under a pitched slate roof. The unit briefly comprises a lock-up ground floor retail unit, with a self-contained two bedroom flat to the first floor, together with a large self-contained archive storage facility to the lower ground floor accessed via a service lane to the rear of the property. An early viewing appointment is highly recommended to fully appreciate the location and appeal of this lucrative investment opportunity.

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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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Please let us know whether you are happy for us to contact you from time to time with information about our products or services by selecting one of the following options:

We want you to know exactly how our service works, how we use your personal data and how it is stored and transmitted. Please state that you have read and understand our Terms & Conditions and our Privacy Policy.

To proceed you must accept our Terms & Conditions:

Office Address

Huntley & Partners
Spargo House
10 Budshead Way
Plymouth
Devon
PL6 5FE

Telephone

01752 206020

(24hr answering service)