Commercial Property in PL1 available for sale
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Commercial Properties for Sale near the PL1, Plymouth

Explore the Latest PL1 Commercial Property for Sale

More details for 63 Union St, Plymouth - Retail for Sale

63 Union St

Plymouth, PL1 3LU

  • Retail for Sale
  • £155,000
  • 646 sq ft

Plymouth Retail for Sale

Enviable main road position popular club, pub and entertainment venue Devon city. Large period property with takeaway shop, commercial kitchen/preparation rooms, freezer/store rooms, cloaks and large 3/4 bedroom accommodation. Recently closed due to retirement. Historic turnover approximately £5,000pw. Late licence until 5am. Excellent potential. Suit variety catering styles. GROUND FLOOR: TAKEAWAY (Approx. 40sqm) A well-appointed takeaway area, newly renovated and decorated, with suspended ceiling and integrated lighting, windows to both front and side aspect, new floor covering, service counter, access to kitchens and stairs to upper floor. INNER HALL/UTILITY AREA With shelving, fluorescent lighting, wall cupboard and telephone point. MAIN KITCHEN (13.5sqm) Being comprehensively fitted and equipped with commercial floor covering, commercial extraction canopy, six ring commercial range, seven ring commercial wok range, six pot bain-marie, stainless steel preparation tables, stainless steel shelving, tiled walls, wash hand basin and window to side aspect. FREEZER/PREPARATION AREA (6.5sqm) With walk in cold room, commercial sink, shelving, tiled floor and door to rear. MEZZANINE LANDING LADIES TOILET With low level WC and wash hand basin. GENTS TOILETS This large take away premises is located in a prominent main road trading position in Union Street, one of Plymouth’s oldest clubland and entertainment venues. There are a full and varied selection of businesses represented nearby, including a number of clubs, pubs and takeaways, Aldi and Lidl supermarkets, Plymouth Pavilions and the Theatre Royal. To the rear of Union Street is the Millbay Basin, which is not only home to Brittany Ferries, but is also undergoing a multi-million pound redevelopment scheme with numerous flats/apartments, hotel and other commercial developments taking place. When complete, this should help draw even more people to the area and enhance future trading levels for the businesses represented nearby.

Contacts:

Listers Property Consultants

Huntley & Partners

Property Subtype:

Shopfront Retail / Residential

Date on Market:

08/07/2025

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More details for House of Fraser – Retail for Sale, Plymouth

House of Fraser

  • Retail for Sale
  • £2,000,000
  • 198,087 sq ft
  • 2 Retail Properties
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Commercial Properties for Sale Within 5 miles of the PL1, Plymouth

More details for 3 Bush Park, Plymouth - Industrial for Sale

Lynher House - 3 Bush Park

Plymouth, PL6 7RG

  • Industrial for Sale
  • £1,750,000
  • 41,146 sq ft
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More details for 15 Lower Fore St, Saltash - Office for Sale

Brunel House - 15 Lower Fore St

Saltash, PL12 6JQ

  • Office for Sale
  • £335,000
  • 2,251 sq ft
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More details for 20 Estover Close, Plymouth - Industrial for Sale

20 Estover Close

Plymouth, PL6 7PL

  • Industrial for Sale
  • £850,000
  • 6,911 sq ft
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More details for 253 Wyndham Ln, Plymouth - Light Industrial for Sale

Shannon Signs - 253 Wyndham Ln

Plymouth, PL1 5ED

  • Light Industrial for Sale
  • £130,000
  • 1,532 sq ft
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More details for 32 Commercial Rd, Plymouth - Retail for Sale

Thistle Park Tavern - 32 Commercial Rd

Plymouth, PL4 0LE

  • Retail for Sale
  • £450,000
  • 8,020 sq ft
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FAQs about Commercial Properties For Sale in PL1

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How many Commercial Property listings are available for sale in PL1?
There are currently 4 Commercial Properties available for sale near PL1. These PL1 Commercial Property listings have an average size of. The largest available listing in PL1 is. The thriving commercial centre and excellent transport links in PL1 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in PL1?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in PL1 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in PL1?
There is a diverse range of commercial properties available in PL1 to suit various business needs. PL1 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 4 PL1 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the PL1, Plymouth

You searched for commercial property for sale in PL1. Explore 4 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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