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For Sale

The Duchy Of Cornwall

Specifications

0.03 Acres (0.01 Hectares)
£
For Sale: £195,000 Guide Price
The Duchy Of Cornwall, 14 Anstis Street, Plymouth, Devon, PL1 5JT
Current Brochure

Summary

Freehold investment pub site
Held under a tenancy at will with rental income of £20,000 per annum of RFI terms
Ground floor public bar with living accommodation over
Community focussed venue
Represents 10.03% NIY after 2.26% purchasing costs
Potential for longer term arrangement with current incumbents

Description

The Duchy of Cornwall comprises an end of terrace property within a short distance of the city centre. A trading community inn run by tenants under TAW terms. Landlord income of £20,000 per annum. Available as a freehold investment sale.

Location

The Duchy of Cornwall is approximately 0.5 miles of the city centre, on the corner of Anstis Street and Frederick Street East. Anstis Street connects to Union street and the A374 and is within 0.8 miles of the mainline train station. It is a popular residential area.

Accommodation

Ground floor open plan bar over two rooms with bar servery. Inner lobby with second external access and providing access to the customer toilets and beer cellar. Internal access to upper floors with landing, kitchen, two bedrooms, WC and lounge on the first floor and bathroom at second floor.

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £5,400. Council band A. This is the tenant cost.

Services

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

C (61)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT. The property is opted to tax and VAT will be payable in addition.

Agent Contacts