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93-95 Mutley Plain, Plymouth

Guide Price
£775,000

£163.05 per sq ft

Business rates & charges may apply

Savills, Savills, Auctions
SIZE AVAILABLE

4,753 sq ft

442 sq m

SECTOR

Mixed use property for sale

Key features

  • High Yielding Mixed-Use Investment Opportunity
  • Two Ground Floor Retail Units with Residential Upper Parts
  • Situated on a fully established high street
  • 6 week completion
  • A Freehold Property
  • Fully Let to Five Tenants
  • VAT not applicable
  • Investment let at £92,560 p.a. (11.9% GIY on guide price)

Description

The property comprises a high yielding mixed-use investment opportunity in a fully established high street.

Two well located retail units on Mutley Plain, one let to Childrens Hospice South West and the other to Moo Music, a local independent soft play café for young children and their parents. Both the commercial units comprise a ground floor and basement.

The upper floors consist of three spacious flats, one flat located on each level, currently fully occupied with an established income.

The building is well maintained throughout with each of the commercial tenants on full repairing lease terms. The upper floors are accessed via a staircase and entrance located immediately next to Moo Music.

The property is situated on the East side of Mutley Plain. The property is nearby Tesco Express, Superdrug, Co-op, Pizza Hut and other nearby occupiers include a selection of independent shops, cafes and restaurants.

Transport
Plymouth - CrossCountry and GWR

Brochures

93-95 Mutley Plain, Plymouth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Plymouth Station0.6 miles
  • Devonport Station1.6 miles
  • Dockyard Station1.9 miles

About Savills, Savills, Auctions

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference D4A4C040-858A-4C5E-B2A9-1BA60E03D96E. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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