Property photos
Just added
Offers over
£150,000
(£165.20/sq. ft)
Retail premises for sale
Pemros Road & Victoria Road, Plymouth PL5908 sq. ft
Local area information
Property location
Nearby amenities
- St Paul's Roman Catholic Primary School 0.1 miles
- Victoria Road Primary 0.1 miles
- St Budeaux Victoria Road 0.1 miles
- St Budeaux Ferry Road 0.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Saltash to find out more about the local area.
Features and description
- Prominent corner location in busy Plymouth suburb
- Good quality tenants
- Fully let
- Freehold
- Current Income £14,550 p.a.
Situation:
The properties are located in St Budeaux the busy western suburb of Plymouth in a corner position on the junction of Pemros Road and Victoria Road and with good access to the A38 Devon Expressway 1 mile north.
Within the suburb accommodates a number of national and local retailers including Lidl and Co-Op supermarkets, Dominos, Consol, Pizza Hut, Well Pharmacy other estate agents etc.
Accommodation:
(All dimensions and areas are approximate)
2a Pemros Road
Sales: 34.81 sqm (375 sqft)
Ancillary: 6.8 sqm (74 sqft)
11 Victoria Road
Sales: 36.21 sqm (390 sqft)
Ancillary: 6.43 sqm (69 sqft)
First Floor Flat
Open plan kitchen and living room, three bedrooms and bathroom. Sold on a long lease.
Services:
We understand that mains electricity, water and drainage are connected to the retail units with gas connected to the first floor aswell.
Tenancies:
2a Pemros Road
Shop: Let to Countryside Estate Agents (trading as Fulfords) for a term of 10 years from 25th March 2013 and now holding over at a rent of £6,500 p.a.x.
11 Victoria Road
Shop: Let to Hannah’s (1988) Ltd for a terms of 5 years from 24th January 2014 and now holding over at a rental od £7,000 p.a.x. Negotiations have commenced for a new 10 year lease with 5 year tenant break option at a rent of £8,500 p.a.x. For years 1 and 2 rising to £9,000 p.a.x for years 3 to 5 inclusive.
2b Pemros Road
First Floor Flat: A lease form 29th September 2000 for a term of 125 years with an annual ground rent of £50.
EPC:
The EPC Ratings are as follows:
2a Pemros Road - B38
11 Victoria Road - C60
2b Pemros Road - Not Applicable
VAT:
We understand that the property is not elected to charge VAT and therefore not charageable on the Purchase Price.
Other:
A successful purchaser will be required to provide relevant information to satisfy Anti Money Laundering Regulations upon agreement of Heads of Terms.
Viewing and further information:
Strictly by prior appointment through sole agents:-
Monk & Partners
4 The Crescent
Plymouth
Devon
PL1 3AB
John H Slade, BSc mrics
legal costs:
Each party will be responsible for their own legal costs incurred in the transaction.
The properties are located in St Budeaux the busy western suburb of Plymouth in a corner position on the junction of Pemros Road and Victoria Road and with good access to the A38 Devon Expressway 1 mile north.
Within the suburb accommodates a number of national and local retailers including Lidl and Co-Op supermarkets, Dominos, Consol, Pizza Hut, Well Pharmacy other estate agents etc.
Accommodation:
(All dimensions and areas are approximate)
2a Pemros Road
Sales: 34.81 sqm (375 sqft)
Ancillary: 6.8 sqm (74 sqft)
11 Victoria Road
Sales: 36.21 sqm (390 sqft)
Ancillary: 6.43 sqm (69 sqft)
First Floor Flat
Open plan kitchen and living room, three bedrooms and bathroom. Sold on a long lease.
Services:
We understand that mains electricity, water and drainage are connected to the retail units with gas connected to the first floor aswell.
Tenancies:
2a Pemros Road
Shop: Let to Countryside Estate Agents (trading as Fulfords) for a term of 10 years from 25th March 2013 and now holding over at a rent of £6,500 p.a.x.
11 Victoria Road
Shop: Let to Hannah’s (1988) Ltd for a terms of 5 years from 24th January 2014 and now holding over at a rental od £7,000 p.a.x. Negotiations have commenced for a new 10 year lease with 5 year tenant break option at a rent of £8,500 p.a.x. For years 1 and 2 rising to £9,000 p.a.x for years 3 to 5 inclusive.
2b Pemros Road
First Floor Flat: A lease form 29th September 2000 for a term of 125 years with an annual ground rent of £50.
EPC:
The EPC Ratings are as follows:
2a Pemros Road - B38
11 Victoria Road - C60
2b Pemros Road - Not Applicable
VAT:
We understand that the property is not elected to charge VAT and therefore not charageable on the Purchase Price.
Other:
A successful purchaser will be required to provide relevant information to satisfy Anti Money Laundering Regulations upon agreement of Heads of Terms.
Viewing and further information:
Strictly by prior appointment through sole agents:-
Monk & Partners
4 The Crescent
Plymouth
Devon
PL1 3AB
John H Slade, BSc mrics
legal costs:
Each party will be responsible for their own legal costs incurred in the transaction.
More information
Listed by
Monk & Partners
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Monk & Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Monk & Partners for full details and further information.