Key Features

• Well let retail investment
• Substantial internal and external refurbishment
• Located in a high footfall position within Plymouth City Centre
• 85% let to British Red Cross until 2034
• Recent open market lettings on both units
• Immediate vicinity to benefit from multi million pound public realm investment
• Net income £63,000 PAX
• Seeking offers of £600,0000 reflecting a net initial yield of 10% after allowing for standard purchasers costs.

Description

The property is situated on the north eastern side of pedestrianised New George Street, a major retail thoroughfare that connects Drake Circus to the Sundial and Armada Way, with consistently high levels of footfall. Tenants nearby including Tesco Express, Halifax, Edinburgh Woollen Mill, Card Factory, Body Shop and Trespass