Retail premises for sale in 21 & 22, The Parade, The Barbican, Plymouth, Devon PL1

£140,000 (£127.51/sq. ft)
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Retail premises for sale

1,098 sq. ft*

Property features

  • Ground Floor long leasehold retail investment comprising of two shops.
  • Popular Barbican location
  • Currently producing a combined rent of £14,500 pax
  • Offers in the region of £140,000 reflecting a 9.8% net initial yield.

Property description

21 & 22 The Parade falls within The Barbican Conservation Area forming the historic centre of Plymouth next to Sutton Harbour. Within easy walking distance of Plymouth Hoe, the City Centre shopping area and Plymouth University. The building overlooks an open paved / cobbled area known as "The Parade" with views over Sutton Harbour. The Barbican has become the focus for Plymouth's restaurants, art galleries, specialist shops etc. And is accepted as one of the city's most exciting and cosmopolitan areas. This unrivalled location has resulted in the conversion of many similar buildings into ground floor commercial and restaurant uses with residential above.

The premises comprise two self contained ground floor retail units which front The Parade. Both units have their own kitchen and WC facilities within the demise.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Stratton Creber Commercial, PL4 on +44 1752 942972 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Stratton Creber Commercial, and do not constitute property particulars. Please contact Stratton Creber Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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