IMPRESSIVE RETAIL INVESTMENT PREMISES
Ref : M3497
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 investment property
- Prime main road site popular sought after shopping parade
- Substantial 4 storey period property approx. 275m² total
- Let to Boots UK Ltd at £15,000 plus VAT per annum
- Lease renewal due 2026 with anticipated uplift in rent
- Potential redevelopment of upper floors subject to planning
- Viewing highly recommended
This substantial freehold investment property enjoys an enviable main road trading position in the very heart of Mutley Plain, one of Plymouth’s busiest secondary shopping thoroughfares. It has numerous retailers represented within it, including Tesco, Sainsbury, Costa, Wetherspoons, Kentucky Fried Chicken, Dominos etc. In addition, there are a varied selection of other retail concerns represented nearby, as well as numerous office premises and professional concerns such as estate agents, surveyors, mortgage brokers, solicitors etc. Mutley Plain itself is within half a mile of both the main city centre and Plymouth’s expanding university and campus. Mutley Plain generates a consistent year round trade and enjoys both local residents and students custom, with the area serviced by a large public car park.
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. In brief, they comprise a sales shop at ground floor level, large basement store, together with three upper floors. There is a small tandem car parking area to the rear. An early viewing appointment is strongly 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.
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Office Address
Huntley & Partners
20 Luxus House
Forge Lane
Saltash
Cornwall
PL12 6LX