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Investment

Investment For Sale Plymouth

PROPERTY ID: 145244

PROPERTY TYPE

Investment

STATUS

Available

SIZE

1,778 sq.ft

Key Features

Freehold healthcare investment for sale
Let to Oasis Dental Care (Southern) Ltd, part of Bupa Dental Care,
10-year FRI lease from October 2024
Passing rent of £26,000 pax
Upward-only rent review in October 2029
Established location with on-site parking
£350,000 which represents a NIY of 7.16% assuming purchasers costs of 3.8%

Property Details

The property is located on the corner of Pomphlett Road and Dean Cross Road in Plymstock. Plymstock is a suburb of Plymouth. It is situated to the east of the city centre, and it has a mix of residential areas, local amenities, and green spaces. Historically, Plymstock as a small village but has seen significant development over the years, becoming more integrated into the urban sprawl of Plymouth.

The Property Comprises Of A Converted Bungalow That Has Been Extended Over The Years. It Houses 7 Surgical Rooms, Reception, Patient Waiting Area, Toilet And Staff Changing Facilities, A Staff Room, Decontamination Room And Storage Room. The Rooms Are All Accessed From A Central Corridor Which Runs The Length Of The Property With An Entrance / Exit At Both Ends Of The Building. Externally There Is Parking For 5 Vehicles, With 4 Of Those Spaces Being Tandem Spaces. Location The Property Is Located On The Corner Of Pomphlett Road And Dean Cross Road In Plymstock. Plymstock Is A Suburb Of Plymouth. It Is Situated To The East Of The City Centre, And It Has A Mix Of Residential Areas, Local Amenities, And Green Spaces. Historically, Plymstock As A Small Village But Has Seen Significant Development Over The Years, Becoming More Integrated Into The Urban Sprawl Of Plymouth. Accommodation All Areas Are Approximate And Measured In Accordance With The Rics Property Measurement (2nd Edition) On A Net Internal Basis. Total - 165.2 Sq M (1,778 Sq Ft) Rent / Price £350,000 Business Rates From The Valuation Office Agency Website (www.voa.gov.uk) We Understand That The Current Rateable Value Is £17.250, Therefore Making The Approximate Rates Payable £8,608 Per Annum For 2025/26. Interested Parties Are Advised To Confirm The Rating Liability With Plymouth City Council. 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 D (89) 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 If Applicable.

About the Agent

Investment Unit

£350,000 Freehold

150 Pomphlett Road, Plymouth, PL9 7BS
Investment - Available
1,778 sq ft
165 sqm
Show phone number

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