The property comprises a Class A1 retail ground floor lock-up shop and rear service yard providing access and customer parking for 2-4 cars. The current tenant’s shop-fit includes an office and the mezzanine area provides toilet/staff facilities and 2 stock rooms.
Location
Plymouth is one of the largest regional centres in the south-west with a population of approximately 250,000 and is the nearest conurbation to Tavistock, the South Hams and south-east Cornwall. Exeter Street (the A374) is the principle access to Plymouth City centre and Drake Circus from the east and the A38/M5. The premises are situated on the north (sunny) side of Exeter Street where some parking is available.
The recently-completed 50,000m² Drake Circus shopping centre is less than 100m away and vehicular visibility is very good indeed. This excellent trading position is well suited to bulky goods and specialist retailers and adjacent occupiers include Pine and Oak Superstore, Richer Sounds and Co-op Funeral care as well as bridal wear and motorcycle accessories. Opposite are national brands including Staples, Gala and Trugym.
Accommodation
The current tenant’s shop-fit includes an office and the mezzanine area provides toilet/staff facilities and 2 stock rooms.
Frontage: 15.3m (50 ft)
Accommodation: 278m² (2,992 ft²)
Terms
TERMS OF AVAILABILITY
The property is available by way of a new lease on conventional tenant’s FRI terms, for a contractual term in excess of 5 years. The initial rent is £XXX pa excl subject to regular rent reviews.
BUSINESS RATES
Rateable value 2010: £XXX
UBR Multiplier 2014/15: XXX in the £XXX
ENERGY PERFORMANCE
The property has been assessed for Energy efficiency at Level C 59