Vickery Holman, Plymouth

Unit 4/5 Transit Way, Plymouth, Devon, PL5 3TW

£4,167

Size

3,589

Lease length

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EPC

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Parking

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Price per
£13.93 pa
Primary use
High street retail
Frontage
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No floor / site plan

Key features

  • Retail unit with extensive frontage
  • Located at the popular Transit Way
  • Consistent daytime footfall
  • Nearby occupiers include Tesco & JD Gym
  • Situated in a covered mall
  • Car parking free for 3 hours
  • Would suit a number of uses (STPP)

Description

A well-positioned retail unit with extensive frontage, located within a covered mall in the busy commercial area of Transit Way. The property offers strong visibility and benefits from consistent daytime footfall. The unit is suitable for a variety of retail uses and sits within an established commercial area, surrounded by other businesses such as Tesco, JD Gym, The Post Office and Matalan, among others.

Location

The premises are located within the Tesco Shopping Centre on Transit Way, one of the principal retail destinations serving the north-western suburbs of Plymouth, anchored by a Tesco Extra store, as well as a large JD Gym that opened in 2023. The scheme benefits from substantial daily footfall and extensive free customer car park.

Transit Way is accessed via the B3413 Crownhill Road which is in turn accessed from the A38 at the Ernesettle Junction or Tavistock Road from the east.

Accommodation

Total - 3,589 sq ft (333.4 sq m)

Approximate floor area sourced from VOA records; the property has not been independently measured.

Rent / Price

£50,000 per annum exclusive.

Service Charge

A service charge is levied for the upkeep and maintenance of the communal areas with the budgeted figure for the current service charge year being approximately £7,975.

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £41,500 therefore making the approximate Rates Payable £15,853 per annum for 2026/27 using the retail hospitality leisure multiplier.

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

D (76)

Legal Fees

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

VAT

The property has been elected for VAT and therefore VAT will be charged on the rent.
Vickery Holman, Plymouth

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Additional information
Let type
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Let contract length
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Status
Available
Service charge
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Business rates
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Use class
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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

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

Brochure

Unit 4/5 Transit Way, Plymouth, Devon, PL5 3TW

NEAREST STATIONS

National Rail

St. Budeaux Ferry Road Station

1.69 miles

National Rail

St. Budeaux Victoria Road Station

1.71 miles

National Rail

Keyham Station

1.85 miles

About Vickery Holman, Plymouth

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.

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.

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Disclaimer - Property reference 21882LH. 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.