Glanvilles Mill 2,694 SF 100% Leased Retail Building Ivybridge PL21 9PS For Sale
EXECUTIVE SUMMARY
1st Floor Residential Development Opportunity Available
• Situated above prominent retail location in town centre
• The opportunity is currently used as 4 x Office Suites but with planning in for residential conversion (Permitted Development)
• Unit 17 – Currently leased to NHS with rental Income generating £4,200 pax. Lease expires 2031 with tenant break 2026.Option to convert at future date
Planning reference number 2710/24/POD
• Situated above prominent retail location in town centre
• The opportunity is currently used as 4 x Office Suites but with planning in for residential conversion (Permitted Development)
• Unit 17 – Currently leased to NHS with rental Income generating £4,200 pax. Lease expires 2031 with tenant break 2026.Option to convert at future date
Planning reference number 2710/24/POD
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Office
Building Size
2,694 SF
Building Class
B
Year Built
1984
Percent Leased
100%
Number of Floors
2
1 of 1
NEARBY MAJOR RETAILERS
CONTACTS
-
Charlotte
Jarrett
-
Millington Tunnicliff Stuart Millington
