Commercial Property in PL1 available for sale
8

Commercial Properties for Sale near PL1, Plymouth

Commercial Properties for Sale Within 5 miles of the PL1, Plymouth

More details for 1 Barbican Approach, Plymouth - Retail for Sale

1 Barbican Approach

Plymouth, PL4 0LG

  • Retail for Sale
  • Price Upon Request
  • 6,842 sq ft
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More details for 48 Fore St, Torpoint - Retail for Sale

The Wheelers - 48 Fore St

Torpoint, PL11 2AD

  • Retail for Sale
  • £600,000
  • 13,692 sq ft
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More details for 15 Sutton Rd, Plymouth - Industrial for Sale

15 Sutton Rd

Plymouth, PL4 0HN

  • Industrial for Sale
  • £1,950,000
  • 18,095 sq ft

Plymouth Industrial for Sale

We are instructed to seek offers of £1,950,000 (One million nine hundred and fifty thousand Pounds) subject to contract and exclusive VAT, reflecting a Net Initial Yield of 7.36% (assuming purchaser’s costs of 6.26%). This equates to a capital value of only £82.61 per sq ft. Tenure: freehold. The property produces a current passing rent of £152,500 per annum, which equates to a low base rent of only £7.65 per sqft. The property comprises three, terraced industrial units of steel po rtal frame construction with steel profile clad elevations beneath pitched clad roofs. The units are accessed from Sutton Road. Internally, the units have the following specification: - Blockwork walls - Eaves height of 6m - Concrete floors - Pitched profile metal sheet roof with 10% roof lights - Parking to the front and side of the units - Ancillary office and trade counter accommodation - Access via roller shutter doors - Landlord Mezzanine’s within Units 1 &2 Externally, there is customer parking to the front of the units with approximately eight spaces and further spaces alongside Sutton Road. To the eastern end of the site is a secure, open storage area that is part tarmac, part concrete surfaced. This area was previously in separate occupation, with access provided through to Sutton Road. Hire Station Ltd have expanded to also occupy this yard space. The property provides a total of 18,095 sq ft (GIA) of industrial accommodation over Units 1-3 and the additional usable yard area of 23,726 sq ft. The three industrial units vary in unit size from 4315sq ft-8773 sq ft GIA. The site extends to approximately 1.5 acres (0.607 hectares). This gives a very low site coverage of only 22.5% overall. The property has potential for future development of the rear yard for industrial or alternative uses subject to planning.

Contacts:

Altitude Property Investments Ltd

Sanderson Weatherall LLP

Property Subtype:

Warehouse

Date on Market:

19/05/2026

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More details for 20 Morshead Rd, Plymouth - Retail for Sale

20 Morshead Rd

Plymouth, PL6 5AH

  • Retail for Sale
  • £525,000
  • 1,552 sq ft
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More details for 6 Estover Close, Plymouth - Industrial for Sale

Digital Building - 6 Estover Close

Plymouth, PL6 7PU

  • Industrial for Sale
  • £595,000
  • 8,892 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 0 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 0 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 0 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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