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93 & 95 , Mutley Plain, Mutley, Plymouth, Devon , PL4

ÂŁ795,000

Size

4,753.27

Tenure

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EPC

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Parking

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Primary use
High street retail
Other use(s)
Other, Other
Frontage
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No floor / site plan

Key features

  • Mixed use commercial investment arranged over five levels. Two commercial units with residential upper floors.
  • Mainly let to students on the upper floors. Conveniently located on Mutley Plain with easy access to the city centre.
  • Combined annual income ÂŁ92,500 rising in August 2024.
  • Asking price ÂŁ795,000 reflecting a gross yield of 10.5%.

Description

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 which is set to increase from August/September 2024. 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.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
EPC certificate
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

93 & 95 , Mutley Plain, Mutley, Plymouth, Devon , PL4

NEAREST STATIONS

National Rail

Plymouth Station

0.58 miles

National Rail

Devonport Station

1.69 miles

National Rail

Dockyard Station

1.92 miles

About SCC (South West) Limited, Plymouth

SCC (South West) Limited, Plymouth

Stratton Creber Commercial provides a full range of services in commercial property across the South West from offices in Exeter, Plymouth and Truro

We are an independent firm with strong local roots, offering a wide range of professional services to the commercial property sector.

We offer a straightforward, personal and honest approach to meeting the needs of our clients, including investors, developers, occupiers and lenders.

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Disclaimer - Property reference 1164FH. 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 SCC (South West) Limited, 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.