Unit 2, 52/56 Embankment Road, Plymouth, PL4 9HY
Unit 2, 52/56 Embankment Road, Plymouth, PL4 9HY
Property Features
- Prominent arterial route location on the East side of City Centre
- Adjacent to Machine Mart
- Tenant incentives available
- VAT not applicable
Property Summary
Full Details
LOCATION:
The property is situated to the east side of Plymouth City Centre fronting Embankment Road (A374) a busy edge of town shopping throughfare adjacent to Machine Mart. The remainder of the terrace accommodates a mixture of national and local retailers including Co-op supermarket, St Lukes’ Hospice etc.
ACCOMMODATION:
(All dimensions and areas are approximate)
Frontage: 7.3m (23’ 10”)
Internal width: 6.98m (22’ 11”)
Shop depth: 19.88m (65’ 3”)
Shop area: 132.4 sqm (1,425 sqft)
ITZA: 74.2 sqm (799 sqft)
SERVICES:
We understand that mains water, electricity and drainage are connected to the property.
PROPOSITION:
The property is available on a new lease for a flexible term, subject to three yearly upward only rent reviews and drawn on the equivalent of full repairing and insuring terms.
RENT:
£15,000 p.a.x.
LEGAL COSTS:
Each party will be responsible for their own legal costs incurred in the transaction.
VAT:
VAT is not currently charged on the rental.
RATES:
We understand the property is included within the rating list as follows:
Rateable value – £14,500
OTHER:
Under the Money Laundering Regulations 2017, Monk & Partners will require any purchaser 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
Tel: 01752 255222
Mobile: 07770 653516
E-mail: johns@monkandpartners.co.uk