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178 Albert Road, Devonport, Plymouth, PL2 1AL

178 Albert Road, Devonport, Plymouth, PL2 1AL

£180,000
Commercial
About this Property
2024-04-16
180000
Traditional
Commercial
Description

The property comprises a high yielding mixed use investment forming part of a popular local parade. Arranged across ground, first and second floors, the property includes a commercial unit to the ground floor, with two flats above benefitting from separate access from Albert Road. The ground floor is let to Hatch Cafe on a lease producing £7,020 per annum. The first floor is let to a private individual on an AST producing £6,292 per annum. The second floor is let to a private individual on an AST producing £8,400 per annum. There may be further opportunities for rental growth, particularly in the residential element of the property. Albert Road is a popular retail location and forms the principal arterial route between the popular Stoke Village and the dockyard.

Location
More Information
Freehold
Albert Road
Commercial Property
Planing Authority
Plymouth LPA
Sold Price History
28 Sep 2006Sold£162,000
10 Jul 2017Sold Lot Allsop£110,000

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