Property Information
Address:
6-8 Drake Circus, Plymouth, Devon
, PL4 8AQ
, Devon
, United Kingdom
Price: Buy: POA
Size: 7706 sq ft716 sqm
Primary Category: Investment
All Categories:
Investment, Office,
Property Ref/Movehut: MH687606
Property Ref/Agent: 3301
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: April 26, 2024
Property description
The building offers an unusual benefit of 8 tandem parking spaces which are utilized by tenants on an unallocated basis under licence at the Landlord's discretion excepting for 2 spaces let to tenants within their leases as detailed below.
Internally the building is arranged as suites on each floor level as per the below accommodation schedule.
Individual suites are separately rated for non domestic rates, the liability falling to tenants.
The building produces a current gross rental income of approximately £62,000 pa, net of service charge.
The building is in an excellent state of decoration and presentation throughout with significant refurbishment and modernization of units undertaken within the past 2 years.
Well let investment property. Prominent period city centre building. Very well decorated and maintained throughout.
Excellent location facing Plymouth University and Drake Circus shopping Mall.
8 tandem parking spaces
Offers on £750,000
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