Property Information
Address:
Units 1 And 2, 54 Ridgeway, Plymouth, Devon
, PL7 2AL
, Devon
, United Kingdom
Price: Property no longer available.
Size: 4496 sq ft418 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH684157
Property Ref/Agent: 4632
*Please use the agent ref when calling the agent directly.
Property description
The units are well located substantial retail units enjoying a prominent high street location on The Ridgeway.
Both units have high standard fit-outs with rear access yard for servicing.
Currently occupied by national operators, Clegg Gifford Insurance Brokers and Superdrug, each on full repairing lease terms for a period of 5 years commencing on 25th December 2022 for Superdrug and 27th May 2023 for Clegg Gifford Insurance Brokers.
Leases have a tenant only break clause at year 3.
Investment For Sale. Substantial ground floor retail units with spacious first floor ancillary space.
Prominent location on The Ridgeway. National operators Clegg Gifford Insurance Ltd & Superdrug are the occupiers.
Combined annual income £51,000.
Asking price: £595,0000 reflecting 8.5% net yield.
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