Property Information
Address:
79-81 Mutley Plain, 79-81 Mutley Plain, Plymouth, Devon
, PL4 6JJ
, Devon
, United Kingdom
Price: Property no longer available.
Size: 10237 sq ft951 sqm
Primary Category: Land
All Categories:
Investment, Land,
Property Ref/Movehut: MH665031
Property Ref/Agent: 19878
*Please use the agent ref when calling the agent directly.
Property description
An attractive mixed-use property comprising of a large ground floor retail unit and basement let to Consol Tanning Limited. The upper parts comprise of 3 floors which have planning consent for conversion to 2 x 1 bed flats and 2 x 3 bed flats. The retail unit has undergone major refurbishment to convert it to a tanning salon, including a new shop front. The external façade and roof have also been refurbished.
Retail investment with residential development opportunity
Retail unit fully refurbished
New 15 year EFRI lease
Let to Consol Tanning Limited
Rent - £35,000 pa
Planning granted to convert the upper parts into 4 flats
NIY 7.03% assuming purchaser's costs of 4.71%
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