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Commercial Property for sale

3 Clare Place, Plymouth, PL4

Removed £700,000
736 sq. m.

Property Description

Commercial information

  • 7,922 sq ft (736 sq m)

Key features

  • Centrally Located Industrial Investment
  • Let to the Council of the City of Plymouth until 24th March 2020
  • Currently Producing 60,000 PAX
  • Offers in the Region of 700,000 reflecting a Net Initial Yield of 8%

Full description

Tenure: Freehold

The City of Plymouth is the largest conurbation in the far South West having a population in excess of 250,000 inhabitants. It provides a comprehensive range of business and leisure amenities, together with employment opportunities. Plymouth has a noted naval port and dockyard, the benefit of a railway station on the Penzance to Paddington main line, as well as a cross-Channel ferry terminal. The A38 dual carriageway lies circa 2 miles north of the City Centre and connects with the M5 motorway at Exeter.

The property is located in the Coxside / Cattedown area of Plymouth in an established industrial location approximately ¾ mile to the east of city centre. The property is located at the head of Clare Place cul de sac.


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