Leisure/hospitality to let in Derrys Cross, Plymouth PL1

£27,500 pa (£5.24/sq. ft. pa)
Leisure/hospitality to let 5,253 sq. ft*
Interested in this property? Call +44 1752 948627 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • First and second floor accommodation
  • Highly prominent and visible location
  • D2 use, but would be suitable for a number of uses (STPP)
  • Attractive incentives available
  • 488.08 sq m (5,253 sq ft)
  • Offers invited in the region of £27,500 per annum exclusive

Property description

The property comprises first and second floor accommodation which is accessed via a communal entrance which is shared with The Gym. The unit is currently in a shell specification with large glass frontage. The property benefits from D2 planning consent however would be suitable for a number of uses subject to obtaining planning permission.

Location

Plymouth is the second largest city in the South West with a resident population of approximately 258,700 and a further 100,000 in the travel to work area. Plymouth University is now classified as the fifth largest University in the UK with over 30,000 students.

The property is located in a prominent position on Derrys Cross and is in close proximity to Royal Parade and Union Street which are principal arterial routes through the city. The city centre is a short walk from the property with nearby occupiers including Travelodge, The Gym, Gala Bingo, Theatre Royal, Pizza Express, Bella Italia and Wildwood to name but a few.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement First Edition on a net internal basis.

First Floor - 101.85 sq m / 1,096 sq ft
Second Floor - 386.23 sq m / 4,157 sq ft

Total - 488.08 sq m / 5,253 sq ft



Planning

The property currently benefits from D2 planning consent.

Rent / Price

£27,500 per annum exclusive.

Terms

The property is available by way of a new effective full repairing and insuring sub-lease. Terms to be agreed.

Rateable Value

It is understood that the property is yet to be assessed for Business Rates. We recommend you make your own enquiries with the Valuation Office () and with Plymouth City Council.

Services

It is understood that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.


EPC


B (47).

Legal Fees

Each party to be responsible for their own legal costs in relation to the transaction. The Landlord's legal fees are to be split equally between the Tenant and Sub-Tenant.


VAT


We understand the property has been elected for VAT and will therefore be chargeable on all outgoings.

Property info

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

Arrange Viewing

For more information about this property, please contact
Vickery Holman Property Consultants, PL1 on +44 1752 948627 * (local rate)

Contact Vickery Holman Property Consultants about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vickery Holman Property Consultants, and do not constitute property particulars. Please contact Vickery Holman Property Consultants 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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