Retail Property (high street) to rent

Anglia House, Derrys Cross, Plymouth, PL1

£1,101 pcm
1,571–7,345 sq. ft.

Property Description

Commercial information

  • 1,571 sq ft (145 sq m)

Letting information:

Date available: Now

Key features

  • Retail unit with offices above
  • Planning consent for A3 Restaurant/Café use on the ground floor
  • Available to be leased floor by floor or as a whole
  • Refurbishment package available - subject to terms
  • Ground Floor - 145.98 sq m (1,571 sq ft)
  • Offices - From 158.3 to 536.48 sq m (1,704 to 5,774 sq ft)
  • Ground Floor - £20,000 per annum exclusive
  • Offices - From £12,000 per annum exclusive

Full description

Tenure: Leasehold

The property comprises a self-contained ground floor retail unit which will suit a number of uses (subject to planning consent). The landlord has obtained A3 planning consent for Restaurant/Café use. There are also three floors of offices above which can be taken on a floor by floor basis or as a whole. The landlord is prepared to refurbish the property, subject to terms.

Location

Anglia House is a four storey mid terrace building located at the heart of Plymouth City Centre. It occupies a prominent plot facing Derry's Cross roundabout. Opposite is a new development which will include Premier Inn, student accommodation and retail/leisure units.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (1st Edition).

Ground Floor Retail/Restaurant - 145.98 sq m (1,571 sq ft)
First Floor Office - 199.13 sq m (2,143 sq ft)
Second Floor Office - 158.33 sq m (1,704 sq ft)
Third Floor Office - 179.02 sq m (1,927 sq ft)
TOTAL - 682.46 sq m (7,345 sq ft)

Rent / Price

Ground Floor - £20,000 pax
First Floor - £17,250 pax
Second Floor - £12,000 pax
Third Floor - £12,500 pax
TOTAL - £61,750 pax

Terms

The property is available, on a floor-by-floor basis or as a whole, by way of a new full repairing and insuring lease. Terms to be agreed.

Rateable Value

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Values effective from 1st April 2017 and approximate rates payable for 2017/2018 are as follows:

Ground Floor - RV £26,750 / Payable £12,466
First Floor - RV £9,900 / Payable £4,613
Second Floor - RV £9,900 / Payable £4,613
Third Floor - RV £9,900 / Payable £4,613

Tenants may be eligible for Small Business Rates Relief if this is the only property the occupy and/or any other properties they occupy have a rateable value of less than £2,900 each. Qualifying ratepayers will pay no rates on properties with rateable values up to £12,000 with a tapered relief of between 100% and 0% for properties with rateable values between £12,001 and £15,000.

Interested parties are advised to confirm the rating liability 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

C (73)

Legal Fees

Each party to be responsible for their own legal costs in relation to the transaction.

VAT

All figures quoted are exclusive of VAT if applicable.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Plymouth (0.5 mi)
  • Devonport (1.2 mi)
  • Dockyard (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vickery Holman, Plymouth

26 Lockyer Street, Plymouth, PL1 2QW

01752 966173 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Plymouth (0.5 mi)
  • Devonport (1.2 mi)
  • Dockyard (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vickery Holman, Plymouth

26 Lockyer Street, Plymouth, PL1 2QW

01752 966173 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

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