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4 Pemros Rd 544 sq ft Retail Property Plymouth PL5 1ND £150,000 (£275.74/sq ft)
INVESTMENT HIGHLIGHTS
- Ground floor retail unit with one bedroom flat above
- Secondary pitch location in St Budeaux
- Asking price £150,000
- Currently 50% income producing with income from the flat
- Ground floor has E class use
EXECUTIVE SUMMARY
We offer to the market this well-located freehold property, ideally located in St Budeaux comprising a ground floor retail unit with a one bedroom first floor flat above. Asking price £150,000.
The flat is currently let on a rolling tenancy agreement with an income of £550 per calendar month / £6600 per annum. The ground floor unit is currently occupied by our client who will be closing her business and as a result the retail unit will offer vacant possession. A suggested annual rental for the shop would be a figure in the region of £8,000 per annum / £666 per calendar month.
The flat is currently let on a rolling tenancy agreement with an income of £550 per calendar month / £6600 per annum. The ground floor unit is currently occupied by our client who will be closing her business and as a result the retail unit will offer vacant possession. A suggested annual rental for the shop would be a figure in the region of £8,000 per annum / £666 per calendar month.
PROPERTY FACTS
Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
544 sq ft
Costar Property Class
C
Year Built
1950
Price
£150,000
Price per sq ft
£275.74
Tenancy
Single
Number of Floors
2
Plot ratio
0.50
Total Plot Size
0.02 ac
Frontage
19 ft on Pemros Road
AMENITIES
- EPC - C
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4 Pemros Rd
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