Retail Property (high street) to rent

Mutley Plain, Plymouth, Devon, PL4

£1,417 pcm
1,319 sq. ft.

Property Description

Commercial information

  • 1,319 sq ft (122 sq m)

Letting information:

Date available: Now

Key features

  • Ground floor shop with basement storage
  • Former Nationwide Bank premises
  • Prominent Mutley Plain location
  • Potential to also lease upper floor flats once converted
  • 122.62 sq m (1,319 sq ft)
  • 17,000 per annum exclusive

Full description

Tenure: Leasehold

The property comprises of a ground floor retail unit with basement storage, WCs and a kitchenette/staff room facility. The upper floors are being converted to residential accommodation and there is potential for any interested parties to take a lease of the flats also (at an additional cost).

Location

Located on the north bound side of Mutley Plain near to the Seaton Avenue turning, the property is in close proximity to Halifax, Haart Estate Agents, Papa John's Pizza and various other local occupiers.

Accommodation

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

Total - 122.62 sq m (1,319 sq ft)

Rent / Price

£17,000 per annum exclusive.

Terms

The property is available 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 Value is £13,750 for the whole building effective from the 1st April 2017. Therefore making the approximate rates payable £6,408 per annum. The property will need to be reassessed once the upper floors have been split off from the Ground Floor and Basement.

Tenants may be eligible for Small Business Rates Relief if this is the only property they 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 with 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

E (110)

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

Nearest stations

  • Plymouth (0.5 mi)
  • Devonport (1.6 mi)
  • Dockyard (1.9 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 (1.6 mi)
  • Dockyard (1.9 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.

Property reference 18038. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Vickery Holman, Plymouth.

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