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25 Cobourg Street, Plymouth, Devon, PL1 1SP

£1,250 pcm
£15,000 pa

£3.39 per sq ft

Business rates & charges may apply

Vickery Holman, Plymouth
SIZE AVAILABLE

4,430 sq ft

412 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Ask agent

Key features

  • Shop with mezzanine
  • Prominent position fronting Cobourg Street
  • Parking/loading to the rear
  • Basement storage with rear access
  • Offices to first floor
  • Would suit a number of uses (STPP)

Description

The property comprises a retail area at ground floor level, which leads to a mezzanine providing further retail space. There is a basement storage area, which is accessible from ground level, to the rear of the property and has a roller shutter. In addition there are offices on the first floor.

There are 2 parking spaces to the rear of the property.

Location

Plymouth City Centre provides a mixture of retail, office, leisure, and public sector uses. The area is well connected by public transport, with Plymouth railway station located within walking distance, offering direct services to Exeter, Bristol, and London Paddington. By road there is access to the A38 Devon Expressway at the Marsh Mills or Manadon junctions providing access to Cornwall to the east and the M5 to the west. The city centre is undergoing ongoing regeneration, including investment in public realm improvements and mixed-use developments, enhancing its appeal for business occupiers and investors.

The property is situated fronting Cobourg Street in Plymouth City Centre and sits opposite the University of Plymouth with various student accommodation blocks in close proximity. The Mayflower House Court pay and display car park is located to the rear of the property which is accessed via Mayflower Street.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

Basement - 185.27 sq m (1,994 sq ft)
Ground floor - 42.15 sq m (454 sq ft)
ITZA - 37.22 sq m (401 sq ft)
Mezzanine retail - 130.38 sq m (1,403 sq ft)
First floor - 53.8 sq m (579 sq ft)

TOTAL - 411.6 sq m (4,430 sq ft)


Rent / Price

£15,000 per annum exclusive.

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £22,500 effective from the 1st April 2023 therefore making the approximate rates payable £11,228 per annum for 2025/2026.

Interested parties are advised to confirm the rating liability with Plymouth City Council.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

E (103)

Legal Fees

Tenant to contribute £900 + VAT towards the Landlord's legal costs.

VAT

The property has not been elected for VAT and therefore VAT will not be charged on the price.

Brochures

25 Cobourg Street, Plymouth, Devon, PL1 1SP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Plymouth Station0.3 miles
  • Devonport Station1.3 miles
  • Dockyard Station1.7 miles

About Vickery Holman, Plymouth

3 Longbridge Road Plymouth PL6 8LT

Vickery Holman is a multi-disciplined property company, the roots of which can be traced back as far as 1848. Today, the consultancy has more than 60 people working in four offices, strategically placed across the South West. Vickery Holman is a limited company, owned by its employees, and is a member of the RICS (Royal Institution of Chartered Surveyors).

Our consultants offer a full spectrum of skills in all areas of property, from all aspects of general practice and building surveying, right through to the management of commercial and residential property. Our specialist areas include dispute resolution, development consultancy, valuation, lease consultancy, business rates negotiations, in addition to commercial sales, lettings and acquisitions.

We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors. Our tailored, personal service aims to empower all our clients, whether they are new to property or seasoned professionals. We believe communication through personal contact is key to highlight those investment opportunities or potential pitfalls.

Can't find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

Notes

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Disclaimer - Property reference 21461LH. 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 Vickery Holman, Plymouth. 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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