Property Information
Address:
23 Mayflower Street, Plymouth, Devon
, PL1 1QJ
, Devon
, United Kingdom
Price: Property no longer available.
Size: 1225 sq ft114 sqm
Primary Category: Shop
All Categories:
Leisure, Office, Shop, Healthcare,
Property Ref/Movehut: MH647974
Property Ref/Agent: 19276
*Please use the agent ref when calling the agent directly.
Property description
The property comprises of a ground retail unit with first floor office / storage. The property was previously used as a clinic and is arranged as an open area to the front, with two partitioned rooms to the rear and toilet and kitchen facilities. There is an internal staircase which leads to the first floor.
Location
Located in the city centre on Mayflower Street, close to it's junction with Cobourg Street. There is on street parking to the front and a pay and display car park to the rear.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net internal basis.
Ground floor - 52.2 sq m (562 sq ft)
First floor - 61.6 sq m (663 sq ft)
Total - 113.8 sq m (1,225 sq ft)
ITZA - 43.1 sq m (464 sq ft)
Planning
The amended use classes would mean this property could be used for E class uses which include retail, cafe/restaurant, creches, indoor recreation, clinics and gyms. Please enquire for further information.
Rent / Price
£12,000 pa / £150,000
Terms
The premises are available by way of a new full repairing and insuring lease. Alternatively the long leasehold is for sale. The property is held on a 125 year lease from 25th December 1989 and therefore has 94 years remaining. The rent is 8% of the occupational rent.
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £16,500. Therefore making the approximate Rates Payable £8,234 per annum for 2020/21. Interested parties are advised to confirm the rating liability with Plymouth City Council.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
D (94)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
The property has not been elected for VAT and therefore VAT will not be charged on the rent or price.
City centre retail unit
First floor office / storage
Flexible terms available
Would suit a variety of uses
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