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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

Plymouth Retail for Sale

The Thistle Park Tavern occupies a prime trading position just on the eastern fringes of the city centre of Plymouth. It enjoys a prominent main road trading position some 300m from the National Marine Aquarium in this increasingly popular and expanding residential and commercial area of the city. Plymouth’s “Vue” entertainment centre is located immediately adjacent to the pub and, as a result of its location and reputation, the business enjoys an excellent and profitable year round trade.

Contact:

Huntley & Partners

Property Subtype:

Bar

Date on Market:

24/09/2025

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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.