Property Information
Address:
The Grenville Arms, 82-84 Grenville Road, Plymouth, Devon
, PL4 9PZ
, Devon
, United Kingdom
Price: Property no longer available.
Size: 3713 sq ft345 sqm
Primary Category: Leisure
All Categories:
Investment, Leisure,
Property Ref/Movehut: MH670467
Property Ref/Agent: 20315
*Please use the agent ref when calling the agent directly.
Property description
The Grenville Arms is a two-storey property arranged as a ground floor lock up public house with three one bedroom flats to the first floor. The property has been comprehensively refurbished during the current ownership.
The end of terrace property comprises a self contained ground floor public house with large trade area. The three independent apartments have a shared entrance. As per the floor plan.
Mixed use freehold investment
Ground floor lock up trading pub on 15 year lease from 2017
3 self contained apartments
Producing £34,800 pa with ability to increase to £41,400 pa
8.35% NIY which will increase to 9.94% once fully let (assuming purchaser costs of 4.3%)
5.98% NIY which will increase to 7.1% once fully let (assuming purchaser costs of 5%)
![]()
;