{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"759467512384161","summary":"The property comprises a modern three storey building constructed in the early 2000s. The ground floor features a spacious reception and waiting area, together with a range of clinical rooms. The first and second floors provide a series of partitioned offices in varying sizes, with toilet facilities located on each level. Externally, the property benefits from a car park to the front and side, providing approximately 54 parking spaces.\n\nThere is a right of way across the shared access with the adjacent property. The cost of maintenance is split 50/50.\n\nThe property is located on Research Way, which is a highly accessible and established position within Plymouth's northern business district, directly opposite Plymouth Science Park, the city's leading centre for innovation, research and technology. The surrounding area has evolved into a key hub for medical, life science and professional occupiers, forming part of the wider Derriford employment zone.\n\nThe property is ideally placed for organisations linked to the healthcare, research and education sectors, being within a short walk of Derriford Hospital, the Peninsula Dental and Medical Schools and the University of Plymouth's Faculty of Health. This concentration of healthcare and academic institutions has attracted a \ncluster of complementary businesses ranging from private clinics and laboratories to technology firms and professional services.","archived":false,"description":"The property comprises a modern three storey building constructed in the early 2000s. The ground floor features a spacious reception and waiting area, together with a range of clinical rooms. The first and second floors provide a series of partitioned offices in varying sizes, with toilet facilities located on each level. Externally, the property benefits from a car park to the front and side, providing approximately 54 parking spaces.

There is a right of way across the shared access with the adjacent property. The cost of maintenance is split 50/50.

The property is located on Research Way, which is a highly accessible and established position within Plymouth's northern business district, directly opposite Plymouth Science Park, the city's leading centre for innovation, research and technology. The surrounding area has evolved into a key hub for medical, life science and professional occupiers, forming part of the wider Derriford employment zone.

The property is ideally placed for organisations linked to the healthcare, research and education sectors, being within a short walk of Derriford Hospital, the Peninsula Dental and Medical Schools and the University of Plymouth's Faculty of Health. This concentration of healthcare and academic institutions has attracted a
cluster of complementary businesses ranging from private clinics and laboratories to technology firms and professional services.

Location

Britain's Ocean City nestles in an Area of Outstanding Natural Beauty with the Dartmoor National Park to the north, whilst the natural harbour of Plymouth Sound creates the southern border with the Rivers Plym and Tamar on either side. Plymouth is renowned for its maritime history, which includes Drake and the Pilgrim Fathers.

The City has excellent road connections with the A38 providing access west to Cornwall and east to the national motorway network at Junction 31 of the M5 Motorway at Exeter. Plymouth's mainline railway station provides regular services to London Paddington of just over three hours. There are also other direct services to Bristol, the Midlands, the North, Scotland and South Wales. Exeter Airport is approximately 50 miles away and Newquay Airport is approximately 45 miles away.

Plymouth is the second largest city on the South Coast of England and after Bristol, the largest in the South West with a resident population of 264,700 (2021 Census). The City has an economic output of £5.03 billion and 115,000 jobs, 13.9% of which are in the manufacturing industry with the national average being 7.9%. The most significant increase in jobs has come in the professional, scientific and technical activities industry, with an increase of 1,500 jobs since 2018. The population in Plymouth is expected to increase to 273,300 by 2043.

The Marine Industry Sector is extremely important in the city with 300 firms employing around 13,600 people, contributing £400million to the local economy. Plymouth University is one of the largest centres for marine excellence in Europe.

Devonport is the largest naval base in Western Europe and has been supporting the Royal Navy since 1691. It is the UK's main location for deep maintenance of surface and submarine vessels and generates around 10% of Plymouth's total employment.

Derriford Hospital is undertaking a significant refurbishment via its Future Hospital Programme which will double the space for urgent and emergency care. The medical, health and life sciences cluster in Plymouth has a Gross Value Added of about £140m.

Plymouth is one of eight Freeports in the UK and is expected to generate 3,500 new high quality jobs.

Accommodation

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

Ground Floor - 489 Sq M / 5,264 Sq Ft
First Floor- 518.6 Sq M / 5,582 Sq Ft
Second Floor- 555.2 Sq M / 5,976 Sq Ft

Total - 1,562.8 Sq M / 16,822 Sq Ft

Rent / Price

£2,600,000

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value for the Ground and First Floor is £153,000, therefore making the approximate Rates Payable £84,150 per annum for 2025/26.

From the Valuation Office Agency website ( we understand that the current Rateable Value for the Second floor is £78,000, therefore making the approximate Rates Payable £42,900 per annum for 2025/26.

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

C (55)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property is not registered for VAT and therefore VAT is not chargeable on the price.","disclaimer":{"raw":"Disclaimer - Property reference 20974FH. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Vickery Holman, Plymouth. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["Established medical, life science and professional hub","Building constructed in the early 2000's
","16,822 sq ft (1,562.8 sq m) of medical / office accommodation","On site parking for 54 cars
","New 10 year lease
","Rental income of £235,000 pa
","Strong income stream from an excellent covenant","Net Initial Yield 8.5% (assuming purchasers costs of 6.4%)"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":2600000,"displayQualifier":"NONE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":null,"tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":false,"media":{"brochures":[],"photos":[{"uri":"property-photo/78b5120d0/759467512384161/78b5120d09c9a58768d16b50a012a7c2.jpeg","description":"Photo 3"},{"uri":"property-photo/4e0041521/759467512384161/4e004152129290e0e38272a1a67ae75b.jpeg","description":"Photo 4"},{"uri":"property-photo/e0ebdaa73/759467512384161/e0ebdaa737c507bf9f55a957f81a4022.jpeg","description":"Photo 6"},{"uri":"property-photo/96ef7d3c5/759467512384161/96ef7d3c5cdc8a7b40da2cbae0708457.jpeg","description":"Photo 1"},{"uri":"property-photo/50606a197/759467512384161/50606a1970a0dc3d70ba34c88cf40980.jpeg","description":"Photo 19"},{"uri":"property-photo/92b18e238/759467512384161/92b18e238f8550d40401415f5537d0ee.jpeg","description":"Photo 20"},{"uri":"property-photo/c2ca30b12/759467512384161/c2ca30b124f86c1a2217d2bf3cb783a6.jpeg","description":"Photo 2"},{"uri":"property-photo/075aa0e1f/759467512384161/075aa0e1f2c04d9ca0f7106c47c99d1b.jpeg","description":"Photo 5"},{"uri":"property-photo/38bd6b070/759467512384161/38bd6b070e36364a915720398079105a.jpeg","description":"Photo 7"},{"uri":"property-photo/341a3a9fa/759467512384161/341a3a9fa4d80af317877e75fdf05603.jpeg","description":"Photo 8"},{"uri":"property-photo/a207c87bb/759467512384161/a207c87bb7d98633c4a8dceba5e3193e.jpeg","description":"Photo 9"},{"uri":"property-photo/f55369a2c/759467512384161/f55369a2cb49eee4ee78a1f01c3c6b4b.jpeg","description":"Photo 10"},{"uri":"property-photo/d19b5bf5b/759467512384161/d19b5bf5bd0ed86fe14c24f33018c916.jpeg","description":"Photo 11"},{"uri":"property-photo/928a9e7de/759467512384161/928a9e7de9a9862c30841ba572787072.jpeg","description":"Photo 12"},{"uri":"property-photo/53067ee1a/759467512384161/53067ee1af882ceaa187b9a0ca4cb7ef.jpeg","description":"Photo 13"},{"uri":"property-photo/014d77c40/759467512384161/014d77c40c977af62b22a354c90f4866.jpeg","description":"Photo 14"},{"uri":"property-photo/170de16f5/759467512384161/170de16f596797ae15fb719594d39847.jpeg","description":"Photo 15"},{"uri":"property-photo/8802d6955/759467512384161/8802d6955147d8f6962352aa2fe24e62.jpeg","description":"Photo 16"},{"uri":"property-photo/6f035de8f/759467512384161/6f035de8f33531da599c9d6146637554.jpeg","description":"Photo 17"},{"uri":"property-photo/5464123b4/759467512384161/5464123b4996b6bb2995f2cb5440b22e.jpeg","description":"Photo 18"}],"floorPlans":[{"uri":"property-floorplan/7c29a5d94/759467512384161/7c29a5d943e6186946b94e204b4f6ea5.jpeg","description":"First floor"},{"uri":"property-floorplan/a7b11e72e/759467512384161/a7b11e72edfced497490fca2b2aa3411.jpeg","description":"Second floor"},{"uri":"property-floorplan/44b900c50/759467512384161/44b900c509ef2e0f69222f58c2c1a04c.jpeg","description":"Ground floor"}],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":16822,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"6 Research Way, Plymouth Science Park, Plymouth, Devon, PL6 8BU","showMap":true,"postcode":{"incode":"8BU","outcode":"PL6"},"streetView":null,"latitude":50.417213,"longitude":-4.110159},"nearestStations":[{"distance":3.091000061913214,"name":"Plymouth Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":3.5609028078509466,"name":"St. Budeaux Ferry Road Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":3.584879009620191,"name":"St. Budeaux Victoria Road Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Vickery Holman, Plymouth","email":null,"profileUrl":"/estate-agents/agent/Vickery-Holman/Plymouth-100904.html","logo":"/partner-logo/12440776-LOGO-1765962727.jpeg","id":100904,"description":"

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.

","telephoneNumber":"01752 741935","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Vickery-Holman/Plymouth.html?locationIdentifier=BRANCH%5E100904&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":"#df017d"}],"owner":null,"primaryPropertyClassification":{"propertyClassificationSubType":"OFFICE","propertyClassificationType":"OFFICES","offices":{"pricePerDeskPerMonth":null,"numberOfDesks":null,"gradeOfSpaceType":null,"capacity":null},"industrialAndLogistics":null,"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[{"propertyClassificationType":"OTHER","propertyClassificationSubType":"OTHER"}],"letType":null,"letContractLength":null,"status":"AVAILABLE","availableDate":null,"serviceCharge":0,"businessRates":0,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":true,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":null},"auction":false,"spaces":[]}},"mediaParams":{"mediaType":"photos","mediaIndex":19}}},"actionData":null,"errors":null}