Retail/Shop To Let, Plymouth, Devon

A Well-positioned Retail Unit With Extensive Frontage, Located Within A Covered Mall In The Busy Commercial Area Of Transit Way. The Property Offers Strong Visibility And Benefits From Consistent Daytime Footfall. The Unit Is Suitable For A Variety Of Retail Uses And Sits Within An Established Commercial Area, Surrounded By Other Businesses Such As Tesco, Jd Gym, The Post Office And Matalan, Among Others.<br>
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Location<br>
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The Premises Are Located Within The Tesco Shopping Centre On Transit Way, One Of The Principal Retail Destinations Serving The North-western Suburbs Of Plymouth, Anchored By A Tesco Extra Store, As Well As A Large Jd Gym That Opened In 2023. The Scheme Benefits From Substantial Daily Footfall And Extensive Free Customer Car Park.<br>
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Transit Way Is Accessed Via The B3413 Crownhill Road Which Is In Turn Accessed From The A38 At The Ernesettle Junction Or Tavistock Road From The East.<br>
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Accommodation<br>
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Total - 3,589 Sq Ft (333.4 Sq M)<br>
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Approximate Floor Area Sourced From Voa Records; The Property Has Not Been Independently Measured.<br>
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Rent / Price<br>
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£50,000 Per Annum Exclusive.<br>
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Service Charge<br>
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A Service Charge Is Levied For The Upkeep And Maintenance Of The Communal Areas With The Budgeted Figure For The Current Service Charge Year Being Approximately £7,975.<br>
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Business Rates<br>
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From The Valuation Office Agency Website (www.voa.gov.uk) We Understand That The Current Rateable Value Is £41,500 Therefore Making The Approximate Rates Payable £15,853 Per Annum For 2026/27 Using The Retail Hospitality Leisure Multiplier. <br>
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Interested Parties Are Advised To Confirm The Rating Liability With Plymouth City Council.<br>
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Services<br>
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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.<br>
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Epc<br>
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D (76)<br>
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Legal Fees<br>
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Each Party To Be Responsible For Their Own Legal Fees In Relation To This Transaction.<br>
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Vat<br>
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The Property Has Been Elected For Vat And Therefore Vat Will Be Charged On The Rent.