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The Half Moon, 59 Pembroke Street, Devonport, Plymouth, Devon PL1 4JR

£175,000

Business rates & charges may apply

Sprosen Ltd, Weston-Super-Mare
SIZE

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SECTOR

Pub for sale

Key features

  • Part Investment & Part Vacant Possession Property With Development Potential
  • Freehold Plymouth pub let to tenant
  • Rent for Ground Floor of £8,400 p.a.
  • Seven further rooms suitable for development (subject to P.P)
  • Easy to make self-contained from pub premises
  • Opportunity to develop 1, 2 or 3 apartments (subject to P.P)

Description

LOCATION

Plymouth is a port city in Devon. It is located on Devon's south coast between the rivers Plym and Tamar, 36 miles southwest of Exeter and 193 miles southwest of London. It is the most populous city in Devon.

Plymouth's economy, rooted in seafaring, has transitioned towards a service-based economy. It maintains strong maritime connections, hosting HMNB Devonport, the largest operational naval base in Western Europe, and ferry links to Brittany and Spain. The city is also home to the University of Plymouth.

The Half Moon Inn occupies a prominent roadside position on the corner of Pembroke Street and George Street in a predominantly residential area.

THE PREMISES (currently let)

Entrance

Main Bar
(4.7 m x 7.8 m)
With space to seat circa 25.

Side Seating Area
(2.5 m x 4.15 m)

Bar Servery
(2.15 m x 3 m)
With a range of back bar equipment.

Ladies and Gents WCs

Ground Floor Kitchen
(2.5 m x 2.5 m)
With wall and floor kitchen units.

THE PREMISES (with vacant possession)

Side Access

Provides self-contained approach and stairs to:

First Floor

Landing

Room 1
(2.65 m x 2.65m)
With double glazed window.

Room 2
(3 m x 3.65 m)
With double glazed window.

Interior Vestibule
With steps up to:

Half Landing
With steps down to:

Room 3
(2.75 m x 3.75 m)

Room 4
(3.75 m x 5.25 m)

Also from the half landing steps up to:

Room 5
(2.75 m x 3.75 m)

Room 6
(3.75 x 5 m)

Steps to:

Second Floor
With large double aspect.

Room 7
(5.25 m x 8 m)
With double glazed door to fire escape.

THE PROPERTY

Is an end of terrace, three-storey building occupying a corner position, stone built with painted render under a tiled roof.

TENURE

Freehold.

There is a commercial lease in situ until May 2025 with a tenant who occupies the ground floor lock up pub premises. Rent is £8400 payable monthly.

The residue of the property is available with vacant possession.

Rateable Value
Current rateable value (10 May 2024 to present) £6,500.

Brochures

The Half Moon, 59 Pembroke Street, Devonport, Plymouth, Devon PL1 4JR

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Devonport Station0.7 miles
  • Dockyard Station1.0 miles
  • Plymouth Station1.4 miles

About Sprosen Ltd, Weston-Super-Mare

44 Boulevard Weston-Super-Mare BS23 1NF

We are a leading specialist advisor for buying, letting and selling businesses and commercial properties in our sectors - hotels, pubs, restaurants, retail and leisure.

If you are looking to buy or sell a business in our specialist sectors - you will find that our personalised service is focused on helping you achieve your ambitions.

We have been established for 17 years and we look forward to being of help in the future.

Notes

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