Bounded by rural fringes is this substantial mixed industrial and residential investment opportunity now offering vast potential for all investor-types, with current rents reserved of £61,680 per annum.
This investment briefly comprises a range of tenanted lock-up units, stores and workshops along with a range of stunning period barns, outbuildings and of course the main Farmhouse, that now provides four units of self-contained accommodation. With this diversified revenue stream for the investor, as well as potential for further enhancement and graphic scope for an uplift in rental incomes as these have largely been untouched for the last 20 years.
Potentially the estate could become a truly high calibre, strong yielding investment as it also offers scope for future development and asset management angles from either commercial industrial and residential, subject to all the necessary consents being obtainable.
Located conveniently for Plymstock and in turn Plympton, on the outskirts of the City of Plymouth, the estate is located on the outskirts of Plymstock, near to Plymouth and thus offers easy access to major transportation routes and other amenities, making it an attractive location for both industrial and residential users. The property is located approximately 3.5 miles from Marsh Mills roundabout and approximately 6 miles from the City Centre.
The commercial accommodation of this investment consist of small flexible workshop units with refurbishment potential to realise reversionary rental uplift in the future. The units benefit from access to services including power, water and drainage with some units benefitting from rear loading doors and separate access. The site also benefits from shared w/c facilities as well as shared parking onsite.
Located within the main 'mother' farmhouse dwelling:
Flat 1: Over three floors of accommodation briefly comprising: two bedrooms, living room, large kitchen/eating room, bathroom, small external garden.
Flat 2: Over three floors of accommodation briefly comprising: bedroom, living room, kitchen and bathroom.
Flat 3: Kitchen, living room , bedroom, bathroom.
Flat 4: Over two floors of accommodation briefly comprising: bedroom, living room, kitchen and bathroom.
Outside: Informal permission to use an area of outside space as a garden.
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We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC / MEES
Each party to be responsible for their own legal fees in relation to this transaction.
All figures quoted are exclusive of VAT if applicable.