Vickery HolmanVickery Holman

The South West Specialists

Truro t: 01872 245600 Plymouth t: 01752 261811 Exeter t: 01392 203010
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Investment opportunity comes to the market

The property is being sold as an investment opportunity with Castles Kitchens taking a lease back on the property paying a rent of £75,000 per annum. Castles Kitchens are a well established local business having been trading in Plymouth since 1955. Castles Kitchens provide an excellent service and pride themselves on being a reliable local firm.

The property comprises of 1,658 sq m (17,844 sq ft) which is arranged to provide offices and showroom facilities to the front with three warehouse areas to the rear along with a concrete mezzanine providing additional space. To the side of the property is a car parking and loading area along with customer parking to the front, the site totals 0.73 acres.

The freehold of the whole building is available for £720,000. As Castles Kitchens no longer require all of the space provided in the building, consideration would be given to letting of part with Castles Kitchens remaining in the majority of the building. Alternatively the property will be suitable for an owner occupier who may want to occupy part and receive an income from Castles Kitchens for the rest of the building.

Joanne Harwood of Vickery Holman comments “The property provides a flexible opportunity for investors, owner occupiers and tenants alike. We are pleased to be working with Castles Kitchens who are an excellent local business.”