5/6/7 Gibbon Lane And 34 Gibbon Street, Plymouth, Devon, PL4 8BZ
Size
3,484.8
Tenure
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EPC
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Parking
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- Primary use
- Other
- Other use(s)
- Residential development, Commercial development
Key features
- Purpose built student block producing £198,000 gross pa.
- Popular student area
- Opposite Plymouth University
- Derelict house which has an extant planning consent for the construction of PBSA containing 12 studios
- Former pub which has been closed for a number of years and could form part of a new PBSA scheme (STPP
- Potential for 91 studios (STPP)
- Planning permission granted for 35 studios, of which 23 are already operational.
- Conditional contract available
Description
Nr 7 is a derelict house and formed part of the original planning application for Nr 5/6/7, under planning application reference 03/01649/FUL. Only 5/6 were built out and a subsequent variation was submitted to alter the design of Nr 7. Therefore the application is extant. The proposal is for a 4 storey building with 3 studios on each floor, totalling 12 studios in the building.
Nr 34 is a former pub located on the corner of Gibbon Lane and Gibbon Street. Our client has had initial sketch designs drawn up which provides for a 4/5 storey building for Nr 7 Gibbon Lane and Nr 34 Gibbon Street, totalling 48 studios in this part of the building. In our opinion an additional floor could be added (STPP).
A data pack including floor plans and a tenancy schedule is available upon request.
Student Market:
There are around 23,000 students in the city of Plymouth, which is now home to three universities with Arts University Plymouth, formally Plymouth College of Art gaining its University status in 2022. The majority of these students study at The University of Plymouth, which has an additional 7,500 students studying for a Plymouth degree at partner institutions in the UK and around the world.
The University of Plymouth is one of the leading universities in the UK. The Peninsula Dental School, which is part of the University was the first in the UK to achieve RCS Surgical Education Centre accreditation. The Peninsula Medical School was ranked within the top 10 in the UK for 2024 by the Planetary Health Report Card Initiative.
Marjon University is ranked in England's top 10 Universities in three key areas in the Times and Sunday Times Good University Guide 2024. Further information. Arts University Plymouth consistently ranks highly in the National Student Survey, where it has been ranked the top arts University
in the UK for 2023 and 2024.
Arts University Plymouth consistently ranks highly in the National Student Survey, where it has been ranked the top arts University in the UK for 2023 and 2024.
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
5/6/7 Gibbon Lane And 34 Gibbon Street, Plymouth, Devon, PL4 8BZ
About Vickery Holman, Plymouth
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.
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Disclaimer - Property reference 19865FH. 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.