SUPERB MIXED RETAIL AND RESIDENTIAL INVESTMENT

Ref : M3442

Price

Freehold : Offers in Excess of :: £325,000.00

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.

  • Superior mixed retail and residential investment.
  • Prime location in heart of historic, water’s edge Barbican area.
  • Impressive period property comprising self-contained retail shop unit to ground floor, together with separate self-contained two bedroom maisonette to upper floors.
  • Currently let producing gross rental income of approximately £25,520 per annum (£12,000 pa from shop and £13,520 per annum for the maisonette).
  • High yield. Viewing recommended.

This impressive period property occupies 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 and is famous for its narrow cobbled streets and history, tourist style shops, restaurants, pubs, clubs, art galleries, wine bars, gift shops 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 within comfortable 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 comprise an end of terrace corner property believed to be approximately 150 years old.  It appears to be of traditional construction with stone and rendered painted elevations under a pitched slate roof.  In brief, it comprises a self-contained retail/tea shop to the ground floor together with a self-contained maisonette to the first and second floor.  An early viewing appointment is highly recommended.

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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.

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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.

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Office Address

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

Telephone

01752 206020

(24hr answering service)