* Unfurnished
* Suitable for sub - division in up to 3 units
* Prominently located
* Class E (A1/A2/A3) and Sui Generis (A5) uses
* Opposite major redevelopment of former Derrys Department Store - Plymouth Cross
* Flexible lease terms
* Tenant incentives available
Location:
The property is located in a good secondary trading pitch in a corner position
fronting both New George Street and Market Avenue, Plymouth. Adjacent and
nearby occupiers include Paddy Power, Burger King, McDonalds etc.
The premises all back on to the busy Plymouth pannier market.
The property is also located opposite a major new 300, 000 sqft redevelopment
known as Plymouth Cross providing a 110 bed Premier Inn, 500 bed high end
student block and 65, 000 sqft of retail/leisure space.
Accommodation:
(All dimensions and areas are approximate)
Gross Frontage to New George Street: 14. 5 m (47 ft 9’’)
Gross Frontage to Market Avenue: 11. 75 m (38 ft 6’’)
Shop Depth (Max): 11. 48 m (37 ft 8’’)
Plus ancillary
Ground Floor Sales: 154. 01 sqm (1, 658 sqft)
Disabled WC
First Floor sales and ancillary: 125. 83 sqm (1, 354 sqft)
Male and Female WC’s
sub - division:
It may be possible to sub - divide the unit to create up to three smaller units.
Rates:
We understand the property is included in the Rating List as follows:
Rateable Value: £53, 000 (£33, 750 from April 2023)
To be re - assessed if sub - divided.
Services:
We understand that mains water, electricity, gas and drainage are either
connected or available to the property.
Proposition:
The property is available on a new lease for a flexible term of years and on
the equivalent of full repairing and insuring terms subject to rent reviews at
five yearly intervals.
Rent:
A rental of £35, 000 per annum exclusive is sought for the whole.
VAT:
VAT will be chargeable on the rental and service charge for this property.
EPC:
The property has an Energy Performance Rating of D82.
Legal costs:
Each party are to bear their own legal costs incurred in the transaction.
Other:
Under the Money Laundering Regulations 2017, Monk & Partners will require any
tenant to provide proof of identity along with any other associated documents
prior to exchange of contracts.
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

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