High Street Retail Property to Rent, 84 Royal Parade, , PL1 1EW - CBRE Commercial

Overview

LEASE FOR SALE / TO LET

A ground floor retail unit with ancillary to basement. The overall unit provides the following approximate areas and dimensions: Tenure The premises are available by way of an assignment of the existing lease expiring 24 September 2026 subject to a tenant only break on 23 September 2021 subject to prior notice . Alternatively, the premises are available by way of a sub-lease for a term of years to be agreed. Rent £50,000 per annum exclusive. EPC Energy Efficiency rating is C. Energy Performance Certificate available on request. Rates We understand from the VOA website that the current Rateable Value of the shop is £50,500 and the rates payable are £24,795.50 pa. The UBR for 2019/20 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

Plymouth is located in Devon and is approximately 45 miles south west of Exeter and 120 miles south west of Bristol. The unit is located on Royal Parade, adjacent Spar and the re-development of the former Derry’s Department Store that will provide a mix of hotel, student accommodation and retail.

Sizes and Measurements

Total Size

2,862sqft

Sales Area

1,904sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,904sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

958sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£50,000/pa

UBR

49.1p

Rateable Value

£50,500.00

Business Rates

£24,795.50/pa

Floorplan

84 ROYAL PARADE_ PLYMOUTH_ DEVON - GOAD

Photos

84 ROYAL PARADE_ PLYMOUTH_ DEVON_ PL1 1EW

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