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20 New George St
Plymouth PL1 1RL
Retail Property For Sale
Investment Highlights
- Well let retail investment with net income £63,000 pax.
- Located in a high footfall position within Plymouth city centre with immediate vicinity to benefit from multi-million pound public realm investment.
- Recent open market lettings on both units.
- Substantial internal and external refurbishment.
- 85% let to the British Red Cross until 2034.
- Seeking offers of £600,0000 reflecting a net initial yield of 10% after allowing for standard purchaser’s costs.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
4,976 SF
Building Class
B
Year Built
1970
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.80
Lot Size
0.06 AC
Frontage
49’ on New George Street
Amenities
- Bus Line
- Security System
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