Commercial Property in Mutley available for sale
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Petrol Station for Sale near the Mutley, Plymouth

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Retail Properties for Sale Near the Mutley, Plymouth

More details for 54-56 Mutley Plain, Plymouth - Retail for Sale

54-56 Mutley Plain

Plymouth, PL4 6LF

  • Retail for Sale
  • £885,000
  • 13,396 sq ft

Plymouth Retail for Sale

Offers in the region of £885,000 (Eight Hundred and Eighty Five Thousand Pounds) to reflect an attractive Net Initial Yield of 6%. The entire property is let to Co-Operative Foodstores Limited for a term of 15 years from 28th November 2019 at a current rent of £56,102 per annum exclusive. The lease is drawn on full repairing terms and is subject to upwards only rent reviews every 5 years in line with annual increases in CPI, with a collar and cap arrangement set at 1% - 3%. There are no break clauses in the lease.

Contact:

Smith Price RRG

Property Subtype:

Shopfront

Date on Market:

04/06/2025
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