8 Frankfort Gate

Location:

The property is located on the southern side of Frankfort Gate close to the footbridge and pedestrian crossing over Western Approach a major traffic route in and out of Plymouth City Centre. Situated close to the large City Market and backing onto a large car park with access to the rear entrance directly from it; the multi-storey car park is also close by (via the footbridge).

Frankfort Gate is a pedestrian precinct, providing the main access into the western end of the City Centre and contains a wide variety of independent traders, including several specialist shops, hairdressers, restaurants , cafes, etc together with Plymouth Community Homes’ own City Centre Office.    

Accommodation:

The main shop area runs straight through from the front entrance to the rear door, which has access to/from the car park allowing customers to enter the shop from either direction (if required). Fittings include roller shutters to both doors plus an internal one to the shop window, tiled suspended ceiling/lighting, long counter, alarm system and laminate flooring. A W.C./wash area is situated at the rear.

Use:

The premises currently fall within Use Class A1 (retail) of the Town and Country Planning (Use Classes) order 1987 (as amended). Any other proposed uses may also be considered, subject to planning consent and suitability. No use that impacts significantly on the existing businesses will be considered.

Floor Area: 

Shop - approx. 62m² (671ft²)

Office/Store - approx. 3.0m² (31ft²)

E.P.C. Rating:

D

Rent:

Offers are invited in the region of £10,800 per annum, payable monthly by direct debit.  A rent deposit equal to 3 months’ rent will also be required.

Lease:

A minimum term of three years, or any multiple of three years, up to a maximum of fifteen would be considered, with rent reviews every three years. A tenants break-clause may be available by negotiation. 

Legal Costs:

PCH’s legal costs (£840 incl.vat) for the new lease are to be paid by the tenant.

Rating Assessment:

We understand the Assessment and rates payable are:-

Current Rateable Value: £10,250

Rates Payable: £4,920 

Interested parties should contact Plymouth City Council Business Rates to verify the Rates payable there is presently 100% SBRR but this you would have to check to confirm if  the relief is available.

To arrange a viewing, call Angela Strange on 01752 388106 or email angela.strange@plymouthcommunityhomes.co.uk.

Subject to Contract:

1. These particulars do not constitute or form any part of an offer or contract.

2. All statements contained in these particulars are made without responsibility on the part of Plymouth Community Homes or its employees. All descriptions and dimensions are given in good faith and are believed to be correct, but any prospective lessee should satisfy themselves by inspection of the premises or otherwise. 

3. None of the statements contained in these particulars is to be relied upon as a statement or representation of fact. 

4. Neither Plymouth Community Homes nor any person in the employ of Plymouth Community Homes makes or gives representation or warranty whatsoever in relation to the premises described in these particulars.