Incredibly rare opportunity to purchase an iconic waterfront freehold
Plymouth is a coastal port located on the south Devon coast at the mouth of the River Tamar and the River Plym. The city is recognised as the second largest commercial centre in the south west of England after Bristol. Plymouth has a population approaching 250,000 with further growth both in and out of the city. The city will be celebrating the 400th anniversary of the Pilgrim Father’s voyage to discover America and the New World in 2020. The property is located on Madeira Road between the Barbican and Plymouth Hoe and, unusually, the property is located on the south side of the road which provides a truly spectacular outlook and immediate access to the water. It is understood to be one of the last remaining private owned and unencumbered freehold sites on the waters edge in the city.
The building is detached and built onto a terrace of rock formerly the cliff frontage and is south facing. The construction is understood to be of stone, concrete and blockwork with two storey steel frame extension. It is approached via a walkway from Madeira Road (planning has been granted for a new customer access under reference 17/01642/FUL). The gross internal areas provide for circa 5,000 square feet /465 square metres. The RPCYC has been in occupation of the subject site since 1896. It operates a function suite, bar and restaurant for members and non-members who wish to use the facilities and enjoy the outstanding sea views. Net trading figures fluctuate either side of £400,000 per annum and trading accounts can be made available to interested parties subject to a non-disclosure agreement. The club has taken the decision to seek alternative premises to run their operation or, if the opportunity exists, to continue to use some of the facilities at the subject premises under a new owner.
Entrance lobby to central lobby providing access to the Grenville bar, Drake’s Ballroom, Raleigh rooms and inner hall to customer toilets. The Drake Ballroom (15.5m x 7m) Parquet flooring and wood panelling to dado. Two full height windows and two sets of double doors lead out to the front terrace with open seascape over Plymouth Sound. Bar servery and return door to main bar. Space for up to 100 covers. Grenville (9.4m x 6.3m) The central bar for the building and proving access to Hawkins Restaurant. Return bar servery and space for 12 covers. Hawkins Restaurant (12.1m x 5m) Windows overlooking the Sound and Drake’s Island to the West. Access to the kitchens, rear lobby, Armada Room and sailing office. Space for 32 covers. From Hawkins, steps lead up to a lobby and the Armada Room (6.5m x 4.5m overall). The lobby provides a second access to the front terrace. The Armada room provides space for 16 covers and 180 degree sea views. From Hawkins, stairs lead to a lower lobby and the sailing office which is directly below the Armada room and provides, once again, outstanding sea views. Kitchen (3.7m x 5.1m plus recess). In and Out doors to Hawkins Restaurant. Extraction. Rear delivery door. Wash room/store (5.2m x 2.3m) housing electric cupboard and hot water system. Rear lobby/store with rear access. Inner hallway with ladies, gents and accessible toilets. Further inner lobby with beer cellar, office, store and access to Raleigh (4.4m x 3.7m). Previously used as a private dining room. Access to store room (3.8m x 2.8m). The lower floor is accessed via a separate stairway from Madeira Road and provides changing rooms for club members
Customer entrance from Madeira Road and leading to the front terrace with space for 20 covers. Separate members and delivery access from Madeira Road (with bin store) to rear of building and further access down to the changing rooms and on to the dinghy park. The terrace offers one of the finest outdoor areas in the city and the dinghy park also offers excellent space for outdoor events.