13 Mutley Plain Plymouth Devon PL4 6JG

13 Mutley Plain
Plymouth
Devon
PL4 6JG

Virtual Freehold Retail Investment

Let to 13 Mutley Plain Limited with a personal guarantee t/a Barista Brothers until 2029
Prominent main road location close to Plymouth University
Nearby occupiers include Aldi, Costa Coffee, Tesco Express, Superdrug, KFC, Boots the Chemist and JD Wetherspoon

Lot
79
Auction
7th December 2017
Rent
£16,153 per Annum Exclusive
Status
Sold
Price
£177,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Virtual Freehold Retail Investment

Let to 13 Mutley Plain Limited with a personal guarantee t/a Barista Brothers until 2029
Prominent main road location close to Plymouth University
Nearby occupiers include Aldi, Costa Coffee, Tesco Express, Superdrug, KFC, Boots the Chemist and JD Wetherspoon

Lot 79
Auction 7th December 2017
Rent £16,153 per Annum Exclusive
Status Sold
Price £177,000
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 43 miles south-west of Exeter, 120 miles south-west of Bristol
Roads: A38, A386, A388
Rail: Plymouth Railway Station
Air: Exeter International Airport

Situation

The property is prominently located in a parade on the east side of Mutley Plain, a prominent arterial route one mile north-east of Plymouth city centre. The property benefits from close proximity to Plymouth University. Nearby occupiers include Aldi, Costa Coffee, Tesco Express, Superdrug, KFC, Boots the Chemist and JD Wetherspoon.

Tenure

Virtual Freehold. Long Leasehold for a term of 999 years at a peppercorn rent.

Location

Miles: 43 miles south-west of Exeter, 120 miles south-west of Bristol
Roads: A38, A386, A388
Rail: Plymouth Railway Station
Air: Exeter International Airport

Situation

Tenure

Virtual Freehold. Long Leasehold for a term of 999 years at a peppercorn rent.

Description

The property comprises a retail accommodation on the ground and ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.