Properties / Plymouth, St Catherines Warehouse, 1 Lockyer Street, Plymouth
For Sale
UNDER OFFER
Properties

Plymouth, St Catherines Warehouse, 1 Lockyer Street, Plymouth

Type Industrial/Warehouse, Warehouse
Price £225,000
Size 255 SQM

Key Selling Points

  • SUITABLE FOR OWNER OCCUPATION OR INVESTMENT PURPOSES
  • FREEHOLD
  • GUIDE PRICE OF £225,000
  • LEASE EXPIRES DECMEBER 2027 WITH MUTUAL BREAK OPTION EXERCISABLE AT ANYTIME ON SERVING 6 MONTHS NOTICE

Warehouse / Industrial Unit in central location close to Sutton Harbour. FREEHOLD DISPOSAL

The property comprises a stand-alone industrial unit of solid brickwork construction under a metal truss roof. The Lockyers Quay elevation has been rendered and painted. The roof is overlaid with profiled asbestos cladding. The unit has a single roller shutter door to the Lockyers Quay frontage.

Externally, there is no service yard and the unit opens directly onto Lockyers Quay.

Location

The property is situated to the south eastern corner of Sutton Harbour, adjacent to the Harbour Car Park to the east of The Fisheries and National Marine Aquarium. It is also in close proximity to the Premier Inn Hotel and Lockyers Quay Public House. Access: The property is accessed directly off Lockyers Quay, which links into Commercial Road and Sutton Road.

Terms

The property was let to Stephen and Trudi Lucas on a lease expiring 19 December 2027.
Mutual break option at anytime on serving 6 months notice
The lease was drawn up on effectively full repairing and insuring terms.
Rent passing - £9797 pa.


Our client is seeking to dispose of the freehold interest, subject to the existing lease. GUIDE PRICE - £225,000