£140,000

Property for sale

  1.  34 Mutley Plain, Plymouth, Pl4 6Ld
  2.  34 Mutley Plain, Plymouth, Pl4 6Ld
  3.  34 Mutley Plain, Plymouth, Pl4 6Ld
Auction

From

£140,000

Property for sale

Mutley Plain, Mutley, Plymouth PL4

Local area information

Property location

Nearby amenities

  • Plymouth College 0.2 miles
  • Plymouth High School for Girls 0.2 miles
  • Plymouth 0.5 miles
  • Plymouth (Barbican) Landing Stage 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Plymouth to find out more about the local area.

Features and description

  • Investment let at £15,250
  • P.a. (10.89% giy on guide)
  • Let to 2 separate tenants
  • Ground & Lower ground let at £9,000 p.a.
  • 1st & 2nd floor let at £6,250 p.a.
  • Possible future development potential to convert the upper floor into residential use (subject to the requisite consents & existing lease)
  • Development space to add additional space to the rear of the property (subject to the requisite consents)
  • Parking space to the rear of the property
  • VAT free investment
Strapline

Auction Sale - 10/10/2023

Of interest to investors and developers

A substantial 3 storey (and lower Ground) mid terrace property form part of busy shopping parade with future development potential (subject to the requisite consents and existing lease)

Investment let £15,250 p.a.

Description

The property is a mid terrace property forming part of a busy and established shopping parade. The building comprises of a retail unit at Ground and lower ground floor and a clinic/treatment rooms on the 1st & 2nd floor.

There is large rear yard to the back of the property which can be accessed via Seaton Lane which provides a number of car parking spaces and could offer future development potential to add additional space (subject to the requisite consents).

Nearby occupiers include Dominos (adjacent), Boots, Post office, Wetherspoons, kfc as well as wide range of independent local retailers.

Location

The property is located on the Western side of Mutley Plain and is located close to the junction with Seaton Avenue.

Plymouth Station is located an approx. 0.6miles

Transport

Plymouth Station - National rail services

Tenancy

Please refer to Accommodation /Tenancy Schedule

Accommodation

Please refer to Accommodation /Tenancy Schedule

More information

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  1. Zoopla
  2. Commercial for sale
  3. Plymouth
  4. Plymouth City Centre
  5. Mutley
  6. Mutley Plain