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Avondale Arms 206 Keyham Rd 2,040 SF Vacant Retail Building Plymouth PL2 1RD $215,114 ($105.45/SF)

Investment Highlights
- Lucrative public house investment property
- Traditional lounge bar, pool room, customer toilets and cellar Spacious self
- Large corner period property
Executive Summary
The Avondale Arms occupies a prominent corner trading position at the end of Keyham Road, directly opposite St. Levan’s Gate, one of the main entrance points to Devonport Dockyard and naval base. There are a variety of businesses located nearby, and the surrounding area is densely populated which has, in years gone by, helped tonsure a consistent year round custom for the business.
The premises appear to be of traditional construction with rendered and painted elevations and a main pitched slate roof together wit some flat roof areas. In brief they comprise a large and traditional lounge bar with separate pool room, customer toilets, store and cellar to the ground and lower ground floors, with a spacious 3 bedroom flat to the upper floor.
We understand that the CURRENT TENANTS have been in situ for approximately 13 years. The unit is subject to a COMMERCIAL LEASE which we understand expires in September 2027, with a current PASSING RENT of approximately £1,200 per calendar month. For fuller details, please contact the agents.
The premises appear to be of traditional construction with rendered and painted elevations and a main pitched slate roof together wit some flat roof areas. In brief they comprise a large and traditional lounge bar with separate pool room, customer toilets, store and cellar to the ground and lower ground floors, with a spacious 3 bedroom flat to the upper floor.
We understand that the CURRENT TENANTS have been in situ for approximately 13 years. The unit is subject to a COMMERCIAL LEASE which we understand expires in September 2027, with a current PASSING RENT of approximately £1,200 per calendar month. For fuller details, please contact the agents.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
2,040 SF
Building Class
C
Year Built
1970
Price
$215,114
Price Per SF
$105.45
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
1 1
Nearby Major Retailers
1 of 2
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Avondale Arms | 206 Keyham Rd
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