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Retail/Shop

Retail/Shop For Sale Plymouth

PROPERTY ID: 141702

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

2,488 sq.ft

Key Features

Well let retail investment
Substantial internal and external refurbishment
Located in a high footfall position within Plymouth City Centre
85% let to British Red Cross until 2034
Recent open market lettings on both units
Immediate vicinity to benefit from multi million pound public realm investment
Net income £63,000 PAX
Seeking offers of £600,0000 reflecting a net initial yield of 10% after allowing for standard purchasers costs.

Property Details

The Property Is Situated On The North Eastern Side Of Pedestrianised New George Street, A Major Retail Thoroughfare That Connects Drake Circus To The Sundial And Armada Way, With Consistently High Levels Of Footfall. Tenants Nearby Including Tesco Express, Halifax, Edinburgh Woollen Mill, Card Factory, Body Shop And Trespass

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About the Agent

Stratton Creber Commercial- Plymouth

See Agent's Other Properties

Retail Unit

£600,000 Freehold

20 New George Street, Plymouth, PL1 1RL
Retail/Shop - Available
2,488 sq ft
231 sqm
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