£2,300,000
Property for sale
Property photos
£2,300,000
Property for sale
Chaddlewood Garages, Ridgeway, Plympton, Plymouth PL7Local area information
Property location
Nearby amenities
- Yealmpstone Farm Primary School 0.2 miles
- Chaddlewood Primary School 0.6 miles
- Plymouth Mount Batten Ferry Landing 4.6 miles
- Plymouth (Barbican) Landing Stage 4.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Modern showroom building, and adjoining Petrol Filling Stati
- 16,448 sq ft (1528.04sq m) gia
- Strong covenants of Motor Fuel Ltd & Vertu Motors (Property)
- Rental income of £161,898 per annum exclusive
- Awult of 7.75 years to expiry
- Significant rental growth potential with erv of £9ft on ware
The property comprises a showroom and separate petrol filling station fronting onto Ridgeway. The property comprises a ground floor showroom with ancillary warehouse used for vehicle storage and repair. The warehouse is split into two separate units due to the change in levels. The first-floor accommodation includes offices and ancillary storage. The petrol filling station trades as Esso, and fronts onto the busy Ridgeway.The station has 8 pumps, and a rear retail outlet trading as Londis. The building is a two-storey building with brick elevations under a pitched tiled roof. The ground floor provides a retail unit. In 2020, the tenant constructed an additional single storey extension with brick elevations and a flat roof which provides a Greggs retail unit. The upper floor provides ancillary office and storage accommodation. Externally there is a large secure yard area to the front of the showroom, and parking to the front, side and rear of the warehouse unit.
More information
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