IMPRESSIVE COMMERCIAL INVESTMENT PROPERTY

Ref : R1388

Price

Freehold : £185,000.00 SOLE AGENTS

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.

  • Impressive commercial investment property.
  • Prime location in thriving shopping parade.
  • Charming lock-up café/coffee shop with commercial kitchen, customer toilet and private parking.
  • Let on 12 year lease with passing rent £15,000 per annum.
  • Lucrative investment opportunity.
  • Viewing strongly recommended.

This impressive investment property occupies a prominent trading position in the Ridgeway, the main shopping thoroughfare serving the highly sought after residential suburb of Plympton, approximately 4 miles west to the city centre of Plymouth.  The Ridgeway is home to a variety of trades including numerous multiple concerns including Wetherspoons, Boots, Superdrug, Co-op, Iceland, Subway, Peacocks, Betfred and Shoe Zone.  In addition, there is a full variety of independent retail concerns, as well as restaurant, cafes, takeaways, estate agents, opticians, etc.  The parade is serviced by ample parking, with three separate free car parks located near by.

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 mid-terraced and located in a parade of retail shops.  The unit is located on the ground floor and briefly comprise of a well presented lock-up café and coffee shop with small commercial kitchen and customer toilets.  To the rear, there is private car parking for two vehicles.  There is a self-contained two bedroom flat to the upper floors which has been sold off on a 999 year lease at a peppercorn rent. 

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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
117 Ridgeway
Plympton
Plymouth
Devon
PL7 2AA

Telephone

01752 206020

(24hr answering service)