52 and 52A Mutley Plain, Plymouth

Guide price

£575,000

Auction

Size

5,304

Tenure

Freehold

EPC

Parking

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Primary use
Traditional office
Capacity
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Desks
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No floor / site plan

Key features

  • A freehold mixed use investment opportunity
  • Three fully let ground floor retail units
  • Upper floors arranged as eight en-suite student rooms
  • Basement office and off street parking to the rear
  • Asset management potential to let the spare student room
  • Fully let ERV of £84,610 p.a. (14.71% GIY on guide price)
  • Total GIA approx. 5,304 sq ft (493 sq m)
  • Investment let at £78,890 p.a. (13.72% GIY on guide price) + vacant student room

Description

A freehold mixed use investment opportunity comprising three ground floor retail units, eight en-suite student rooms located on the upper floors aswell as an office basement and off street parking to the rear.

Total GIA approx. 5,304 sq ft (493 sq m).

Investment let at £78,890 p.a. (13.72% GIY on guide price) + vacant student room.

The subject premises is located in the busy secondary retailing area of Mutley Plain. Mutley Plain is Plymouth’s northern suburban thoroughfare located approximately ½ mile from Plymouth City Centre. Located on the western side of Mutley Plain the building offers a prominent position in one of the most prime spots of the trading pitch very visible to traffic and pedestrians. Mutley Plain is home to many multiple retailers including Tesco, Superdrug, Boots the Chemist, Costa Coffee,Starbucks, Sainsbury’s and the Co-op.
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: A

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

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

52 and 52A Mutley Plain, Plymouth

NEAREST STATIONS

National Rail

Plymouth Station

0.5 miles

National Rail

Devonport Station

1.61 miles

National Rail

Dockyard Station

1.85 miles

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Disclaimer - Property reference 616F16E1-0780-4712-9A8A-789D291BE698. 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 Savills National , Savills Auctions- Commercial. 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.