11 & 11a Cumberland Street, Plymouth
£105.66 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,366 sq ft
220 sq m
- SECTOR
High street retail property for sale
Key features
- To be offered on Tuesday 25 November
- Freehold four storey mixed-use terraced building
- Ground floor and basement retail unit let on a tenancy at will
- HMO fully let to five tenants arranged across first, second and third floors
- Retail unit newly refurbished in 2024
- HMO refurbished in 2021, each room has ensuite shower and own door entry phones
- Total GIA approx. 2,365.9 sq ft (219.8 sq m)
- Investment let at £44,100 per annum (17.64% GIY on Guide Price)
Description
The property also comprises a 5 bedroom HMO above with 5 letting rooms each with ensuite shower rooms and own door entry phones.
The HMO above was refurbished in 2021 including works such as new roof, full re-witing and insulation etc.
The retail unit was refurbished a year ago and works finished towards the end of 2024.
Total GIA approx. 2,365.9 sq ft (219.8 sq m).
Investment let at £44,100 per annum (17.64% GIY on Guide Price).
The property is situated on the South side of Cumberland Street, which is accessed from Wall Street and George Street.
Devonport - GWR
Plymouth - CrossCountry and GWR
Brochures
11 & 11a Cumberland Street, Plymouth
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Devonport Station0.6 miles
- Dockyard Station0.9 miles
- Keyham Station1.4 miles
Notes
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