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Commercial Property for sale

58/59 Southside Street, The Barbican, Devon, PL1

Removed 726 sq. ft. | £175,000

Property Description

Commercial information

  • 726 sq ft (67 sq m)

Key features

  • Ground floor retail freehold investment
  • Prominent historic Barbican location
  • Currently producing 15,000 pax on a lease expiring 25th March 2025
  • Asking price 175,000
  • Reflecting a net initial yield of 8.34%

Full description

Tenure: Freehold

The premises comprise a ground floor retail unit which fronts onto Southside Street. To the rear of the shop and on the first and second floor there are residential flats which have all been sold off on long leasehold interests. The freehold interest also includes the area occupied by JD Wetherspoons Plc which has been sold off on long
leasehold basis.
The shop demise comprises of a main retail area, with a kitchen facility and WC's to the rear.

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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