182 Albert Rd 968 SF 100% Leased Retail Building Plymouth PL2 1AL $400,363 CAD ($413.60 CAD/SF) 6.98% Cap Rate

This impressive freehold investment premises is located in a prominent main road trading position on Albert Road, one of the main shopping thoroughfares serving the substantial residential areas of Devonport and Stoke, approximately 1 mile from Plymouth’s main city centre. The immediate surrounding area is a mixture of both
residential and commercial properties, whilst one of the main entrances to the Devonport Naval Base and Babcock Marina is within a few hundred metres. Free on-street parking is immediately available outside the unit. Plymouth, with a population of over 250,000 is the largest city in the West Country. Largely rebuilt since World War
II it is now a thriving industrial and commercial centre and is still one of the Royal Navy's principal base and warship repair dockyards. The city has excellent educational, recreational and entertainment facilities and access to the rest of the country is gained by road via the A38/M5 motorway and by rail. Europe is also accessible by the
car/passenger ferry which is operated from its terminal at Millbay Docks. The premises are lock-up and occupy the ground floor of a period terrace property. In brief, they comprise a smart and comprehensively fitted sales shop with takeaway section, fully equipped commercial kitchen and prep areas, preparation store, utility room, staff office, WC and freezer store. An early viewing appointment is strongly recommended.