Chartered Surveyors and Business Property Specialists
Thomas Smith Head of Commercial Agency View Profile

Contact us about this property

Call: 01872 247013
Email: ts@miller-commercial.co.uk

For Sale
1 of 8

161, Molesworth Road, Plymouth

Retail for sale

£97,500 Price

Freehold

Ground floor retail unit with an external WC and store, The unit benefits from return frontage onto both Molesworth Street and Devonport Road in a busy residential area. The property is available by way of freehold, with the upstairs flat having been sold off on a long leasehold.

  • FREEHOOLD FOR SALE
  • GROUND FLOOR RETAIL AND GROUND RENT FROM TWO FLATS
  • UNIT HAS ATTRACTIVE RETURN FRONTAGE
  • 617 SQ FT (57.32 SQ M)

Property Brochure PDF Location Map

Location

Plymouth is the largest city in Devon and Cornwall and one of the largest regional centres in the South West with a residential
population of approximately 250,000 inhabitants. The city is easily accessible with the main A38 located circa two miles
north of the city centre. Plymouth also benefits from a railway station on the main Penzance to Paddington line and a cross channel ferry terminal.
The property is located in the largely residential suburb of Stoke, less than two miles from the city centre. There is a retail parade located on Devonport Road comprising predominantly local retailers pubs and restaurants.

Description

The property is ground floor retail unit with an external WC and store. The unit benefits from return frontage onto both Molesworth Street and Devonport Road.

Schedule Of Accommodation

Ground Floor
Retail area – 57.32 sq m (617 sq ft)
External store – 3.62 sq m (39 sq ft)

Tenure

Freehold, however landlord was consider rental at a price of £8,000 per annum.

We understand there is a ground rent payable to the freeholder of £100 per flat, per annum from the two residential flats who also form part of the whole building, which have been sold off on long leaseholds.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £6,600. We understand that small businesses operating out of a single business premises, there will be some rates relief. However, please do not rely on this information and make your own enquiries with the Local Authority

Legal Costs

Each party to bear their own.

Local Authority

Plymouth City Council

Services

Prospective tenants should undertake their own enquiries.

Vat

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Epc

The Energy Performance Rating for this property is within Band D (95).

Contact Information

For further information or an appointment to view please contact either:-
Tom Smith on 01872 247013 or via email ts@miller-commercial.co.uk or
Will Duckworth on 01872 247034 or via email wd@miller-commercial.co.uk

Or through our joint agent Bruton Knowles on 01752 936101

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

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Thomas Smith Head of Commercial Agency View Profile

Contact us about this property

Call: 01872 247013
Email: ts@miller-commercial.co.uk

Property Brochure PDF