Property photos
Auction
From
£775,000
Property for sale
Mutley Plain, Mutley, Plymouth PL4Local area information
Property location
Nearby amenities
- Plymouth College 0.1 miles
- Hyde Park Infants' School 0.2 miles
- Plymouth 0.6 miles
- Plymouth (Barbican) Landing Stage 1.2 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
- To be offered on Wednesday 14 May
- High Yielding Mixed-Use Investment Opportunity
- A Freehold Property
- Two Ground Floor Retail Units with Residential Upper Parts
- Fully Let to Five Tenants
- Situated on a fully established high street
- VAT not applicable
- 6 week completion
- Investment let at £92,560 p.a. (11.9% giy on guide price)
Strapline
Auction Sale - 13/05/2025
High Yielding Mixed-Use Investment Opportunity.
Freehold Property comprising Two Ground Floor Retail Units and Three Flats.
Investment let at £92,560 p.a. (11.9% giy on guide price).
Description
The property comprises a high yielding mixed-use investment opportunity in a fully established high street.
Two well located retail units on Mutley Plain, one let to Childrens Hospice South West and the other to Moo Music, a local independent soft play café for young children and their parents. Both the commercial units comprise a ground floor and basement.
The upper floors consist of three spacious flats, one flat located on each level, currently fully occupied with an established income.
The building is well maintained throughout with each of the commercial tenants on full repairing lease terms. The upper floors are accessed via a staircase and entrance located immediately next to Moo Music.
For further details, please refer to the Tenancy Schedule
Location
The property is situated on the East side of Mutley Plain. The property is nearby Tesco Express, Superdrug, Co-op, Pizza Hut and other nearby occupiers include a selection of independent shops, cafes and restaurants.
Transport
Plymouth - CrossCountry and gwr
Accommodation
93 Mutley Plain - Approx. 3,162.03 sq ft
95 Mutley Plain - Approx. 1,591.24 sq ft
Auction Sale - 13/05/2025
High Yielding Mixed-Use Investment Opportunity.
Freehold Property comprising Two Ground Floor Retail Units and Three Flats.
Investment let at £92,560 p.a. (11.9% giy on guide price).
Description
The property comprises a high yielding mixed-use investment opportunity in a fully established high street.
Two well located retail units on Mutley Plain, one let to Childrens Hospice South West and the other to Moo Music, a local independent soft play café for young children and their parents. Both the commercial units comprise a ground floor and basement.
The upper floors consist of three spacious flats, one flat located on each level, currently fully occupied with an established income.
The building is well maintained throughout with each of the commercial tenants on full repairing lease terms. The upper floors are accessed via a staircase and entrance located immediately next to Moo Music.
For further details, please refer to the Tenancy Schedule
Location
The property is situated on the East side of Mutley Plain. The property is nearby Tesco Express, Superdrug, Co-op, Pizza Hut and other nearby occupiers include a selection of independent shops, cafes and restaurants.
Transport
Plymouth - CrossCountry and gwr
Accommodation
93 Mutley Plain - Approx. 3,162.03 sq ft
95 Mutley Plain - Approx. 1,591.24 sq ft
More information
Listed by
Savills - National Auctions
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