Substantial premises located in the main district shopping centre of a preferred suburb of Plymouth.  Currently let on a 30 year lease from Apr 2003 as a café and Social Club.

Passing rent £50,000pa with 5 yearly reviews to the greater of open market value or RPI uplift.

The building may offer redevelopment potential subject to the current lease and any necessary planning consent.

Offers are invited on £650,000 which provides an initial yield of 7.25% allowing 6% purchase costs.

All prices and rents quoted are exclusive of VAT where chargeable

Viewing strictly by appointment with the Agents, Taylor Son & Creber Tel 01752 202035

For Financial Packages please click here