Retail premises for sale in 40-46 Royal Parade And 33-37 New George Street, Plymouth PL1

Offers in region of £3,000,000 (£15.14/sq. ft)
Interested in this property? Call +44 1752 948627 * or Request Details

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Retail premises for sale

198,087 sq. ft*

Property features

  • City Centre Department Store and four additional self contained retail units facing onto New George Street
  • Opportunity to reconfigure a landmark building in the heart of Plymouth City Centre, subject to consents
  • The property comprises a department store measuring approximately 183,689 sq ft over ground and five upper floors and an additional four retail units providing 14,398 sq ft, totalling 198,087 sq ft
  • Occupying a prime retail location, moments away from Drake Circus Shopping Centre
  • Benefitting from outstanding views on the higher floors and excellent triple frontage onto New George Street, Armada Way and Royal Parade
  • Site area of 0.97 acres (0.39 ha)
  • Leasehold - 93 years unexpired with possible lease extension
  • WIthin close proximity to Plymouth Railway Station

Property description

The property comprises a department store of approximately 183,689 sq ft of retail accommodation arranged over ground and five upper floors and four additional smaller retail units facing onto New George Street.

The additional four retail units are located to the north, east of the store, fronting New George Street arranged over ground and two upper floors, providing approximately 14,398 sq ft. These retail units historically formed part of the department store, but are now self-contained. The property is situated on a corner site bound by Royal Parade to the south, Armada Way to the west and New
George Street to the north.

The House of Fraser benefits from well-configured rectangular floorplates offering good levels of natural light owing to the large number of windows on all four elevations of the property.

The building benefits from the use of a rear courtyard which can be accessed via New George Street and a goods entrance with a roller shutter door. The rear loading yard is adopted by the Council and does not form part of the sale

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Vickery Holman Property Consultants, PL6 on +44 1752 948627 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vickery Holman Property Consultants, and do not constitute property particulars. Please contact Vickery Holman Property Consultants for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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