52 Mutley Plain, Plymouth, Devon, PL4 6LE
Business rates & charges may apply
- SIZE
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- SECTOR
8 bedroom mixed use property for sale
- USE CLASSUse class orders: A1 Shops, A2 Financial and Professional Services, C3 Dwelling Houses and Class E
A1, A2, C3, E
Key features
- 3 ground floor shop units - 2 currently let producing £24,000 pa
- third unit being offered at £12,500 pa
- 2 floors of residential above arranged as 8 bedroom HMO fully let to students.
- current rent from HMO is £40,950 pa
- additional income from telecom base and parking of £3,200
Description
Shop 1 let as Barbers at £9,500 pa. Lease 20 years from 2016.
Shop 2 let as retail unit at £14,500 pa 5 years from 2018
Shop 3 available to let at £12,500 pa
upper floors comprise communal lounge space, kitchen and 8 bedroom units, each with en-suite facilities let as an HMO to 8 individual students on standard tenancy agreements ranging from 43 weeks to 52 weeks.
Total potential rental income is £80,850pa.
Brochures
52 Mutley Plain, Plymouth, Devon, PL4 6LE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Plymouth Station0.5 miles
- Devonport Station1.6 miles
- Dockyard Station1.8 miles
About William Lean, Plymouth
Commercial Property & Development Consultants, Surveyors & Valuers Mount Wise House Plymouth PL1 4QUNotes
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