Commercial Property in PL3 available for sale
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Commercial Property for Sale near PL3, Plymouth

Explore the Latest PL3 Commercial Property for Sale

More details for 74 Alma Rd, Plymouth - Hospitality for Sale

Home Park Homestay - 74 Alma Rd

Plymouth, PL3 4HD

  • Hospitality for Sale
  • £1,350,000
  • 3,456 sq ft

Plymouth Hospitality for Sale

This exceptionally profitable business occupies an enviable and prominent trading position in Alma Road, a busy arterial route leading to and from the main city centre of Plymouth which is only half a mile away. It backs on to Central Park which spans over 60 hectares of meadows and woodland and includes an adventure playground, skate park, and pitch and putt, whilst also being home to Plymouth Argyle. Plymouth’s main line railway station and expanding university are within easy walking distance. Due to its convenient central location, the business enjoys an exceptionally profitable year round trade. Plymouth, with a population of over 264,000 is the largest city in the West Country. Largely rebuilt since World War II it is now a thriving industrial and commercial centre and is still one of the Royal Navy's principal base and warship repair dockyards. The city has excellent educational, recreational and entertainment facilities and access to the rest of the country is gained by road via the A38/M5 motorway and by rail. Europe is also accessible by the car/passenger ferry which is operated from its terminal at Millbay Docks. The premises briefly comprise two period terraced properties which for the main appear to be of traditional construction, with painted elevations under a pitched slate roof. The property has been well maintained and benefits from double-glazing and a gas-fired central heating system. All the letting bedrooms are of a good size. The property also has a double garage and additional car parking space to the rear for approx. 4 cars. An early viewing appointment is strongly recommended to fully appreciate the location and appeal of this well established and exceptionally profitable business.

Contact:

Huntley & Partners

Property Subtype:

Hotel

Date on Market:

24/09/2025

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Commercial Properties for Sale Within 5 miles of the PL3, 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 1 Barbican Approach, Plymouth - Retail for Sale

1 Barbican Approach

Plymouth, PL4 0LG

  • Retail for Sale
  • 6,842 sq ft
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More details for 622 Wolseley Rd, Plymouth - Retail for Sale

622 Wolseley Rd

Plymouth, PL5 1TE

  • Retail for Sale
  • £24,950
  • 1,292 sq ft
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More details for 24-26 Brest Rd, Plymouth - Industrial for Sale

24-26 Brest Rd

Plymouth, PL6 5XP

  • Industrial for Sale
  • £680,000
  • 7,736 sq ft
  • 1 Unit Available
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FAQs about Commercial Properties For Sale in PL3

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How many Commercial Property listings are available for sale in PL3?
There are currently 1 Commercial Properties available for sale near PL3. These PL3 Commercial Property listings have an average size of. The largest available listing in PL3 is. The thriving commercial centre and excellent transport links in PL3 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in PL3?
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 PL3 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 PL3?
There is a diverse range of commercial properties available in PL3 to suit various business needs. PL3 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 PL3 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 PL3, Plymouth

You searched for commercial property for sale in PL3. Explore 1 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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