Showroom to rentWestern Approach, Plymouth, Devon, PL1
Removed 4,230 sq. ft. | £20,000 pa| £1,667 pcm
- 4,230 sq ft (392 sq m)
The property is a mid terrace retail unit with self contained access from both front and rear. The unit is of concrete frame construction with flat roof and metal single glazed windows. A suspended ceiling is fitted iand the shop benefits from glazed frontages onto Western Approach and the car park to the rear.
The property is situated on the edge of Plymouth’s main shopping district and occupies a prominent position fronting Western Approach, part of the inner city ring road. The property is opposite Toys R Us and benefits from one of the main City Centre car parks to the rear.
All areas are approximate and measured in accordance with the RICS Code of Measuring Practice
We understand that the ground floor has A1 (shops) use, whilst the first floor has A3 (Restaurants) use. Applicants should make their own enquiries with Plymouth Council Planning Department for futher information.
Rent / Price
The quoting rent is £20,000 for the ground floor and £10,000 for the first floor.
The lease is available by way of sub-lease/assignment on a full repairing and insuring basis. Length of term negotiable. Subject to existing lease.
From a visit to the valuation office website www.voa.gov.uk we understand that the current rateable value is £25,000 effective from 1st April 2010 billing. Therefore applyin the current standard 2012/2013 multiplier we calculate the rates payable would be £11,450 per annum.
It is understood that mains electricity, water and drainage are going to be connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
Both parties are to be responsible for their own legal costs.
All figures quoted are exclusive of VAT if applicable.
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