Lot 55
18 Mutley Plain
Plymouth, Devon, PL4 6LA
£385,000+
Guide Price
A Freehold Commercial Investment Producing £29,500 per annum
Description
Tenure
Freehold
Location
The property is situated in the Plymouth area of Devon. Nearby multiples include Sainsbury's, The co-operative, Boots Pharmacy and KFC. Transport links are provided by Plymouth rail station & cross country station.
VAT
VAT is applicable
Description (2nd Column)
The property comprises an end of terrace building arranged over ground and first floors currently internally arranged to provide a double fronted ground floor lock up shop along with rear ground and first floor retail units.
Viewing Details
Sold Prior
Accommodation & Tenancy Schedule
| Property | Floor | Accommodation | Tenancy Details | Current Annual Rent |
|---|---|---|---|---|
| Unit 1 | Ground | Double Fronted Shop Area | Let to DP Realty Ltd (wholly owned subsidiary of Domino's Pizza Group Plc) on a 20 year FRI lease from 25.3.12. The tenant has been in occupation since 1997. | £17,500 |
| Unit 2 | Ground | Shop Area | Let as a hair and beauty salon at £500 per month (tenancy at will) | £6,000 |
| Unit 3 | First | Shop Area | Let as a hair and beauty salon at £500 per month (tenancy at will) | £6,000 |
Additional Fees
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
View Details as PDFEnquire Now
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007
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