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Commercial Properties For Sale in Devon

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Commercial
Marketed by Vickery Holman, Plymouth
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5/6/7 Gibbon Lane And 34 Gibbon Street, Plymouth, Devon, PL4 8BZ
Commercial Property

The property comprises of 3 separate lots which are all adjacent to each other. Nr 5/6, also known as The Cube, is an operational PBSA scheme. It is arranged over 4 floors and provides 5 studios on the ground floor, and 6 studios on each of the upper floors, totalling 23 studios in the building. Each studio has its own en suite. There is a terrace on the roof which is surrounded by a parapet wall. In our opinion this could provide an additional floor of accommodation (STPP). Nr 7 is a derelict house and formed part of the original planning application for Nr 5/6/7, under planning application reference 03/01649/FUL. Only 5/6 were built out and a subsequent variation was submitted to alter the design of Nr 7. Therefore the application is extant. The proposal is for a 4 storey building with 3 studios on each floor, totalling 12 studios in the building. Nr 34 is a former pub located on the corner of Gibbon Lane and Gibbon Street. Our client has had initial sketch designs drawn up which provides for a 4/5 storey building for Nr 7 Gibbon Lane and Nr 34 Gibbon Street, totalling 48 studios in this part of the building. In our opinion an additional floor could be added (STPP). A data pack including floor plans and a tenancy schedule is available upon request. Student Market: There are around 23,000 students in the city of Plymouth, which is now home to three universities with Arts University Plymouth, formally Plymouth College of Art gaining its University status in 2022...

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Commercial
Marketed by Vickery Holman, Plymouth