Under Offer

Plymouth- City Centre Department Store with Development Potential

40-46 Royal Parade & 33-37 New George Street

Offers in excess of £4,000,000

Property Types:
Commercial, Development Opportunity
Sub Type:
Retail
Tenure:
Leasehold
Site Area:
198,087 sq.ft

Description

  • 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 164,211 sq ft over ground and five upper floors and an additional four retail units 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 – 95 years unexpired
  • Within close proximity to Plymouth Railway Station

Subject to contract