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Agent's details

Western Gateway, 28 Outland Road

For sale: POA|0.86 Acre|Hotels, Leisure Property, Retail - Out of Town, General Retail, Licensed & Leisure, Retail

Property details

FOR SALEPOA
SIZE0.86 Acre
ADDRESSWestern Gateway, 28 Outland Road, Plymouth, PL2 3DF
TYPEHotels, Leisure Property, Retail - Out of Town, General Retail, Licensed & Leisure, Retail
TENUREUnder Offer, For Sale Freehold
POSTED ON10th March 2022

Description

Key Points

  • Hotel-led development
  • Full planning consent
  • Prominent position
  • Suitable for alternative uses (STP)
  • Freehold
  • Summary

    Freehold mixed-use redevelopment opportunity occupying a prominent position off Outland Road in Plymouth.

    Description

    The property occupies a prominent position off Outland Road, which provides the primary route into the city from the north. The site outlined in red extends to 0.35 hectares (0.86 acres) and is situated adjacent to the Plymouth Life Centre and Home Park, the events venue and stadium for Plymouth Argyle Football Club. Access to the site is provided from Mayflower Drive. The area outlined in blue is owned by Plymouth City Council and provides a 16-space car park and underdeveloped land totalling 0.19 hectares (0.47 acres).

    Viewings

    Access to an online dataroom is available on request.

    Location

    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 the second largest commercial centre in the south west of England after Bristol and has a resident population of 256,700 (2011 census). Plymouth is located approximately 244 miles south west of London, 120 miles south west of Bristol and 45 miles south west of Exeter.

    Terms

    The guide price for the freehold interest in the property outlined in red is £2million (exclusive of VAT). Offers will also be considered for the sale of part of the land outlined in red.

    Specifications

    The majority of buildings currently provide a veterinary practice with kennels and cattery arranged across several buildings of varying specification. A two-storey section with painted rendered elevations is situated towards the front of the property. Single storey extensions run adjacent to Mayflower Drive with a glazed entrance to the veterinary practice. Externally, the site provides a hard surfaced car parking area to the north and undeveloped land to the rear of the buildings and towards the south.

    Location

    marker
    Location: Western Gateway, 28 Outland Road, Plymouth, PL2 3DF

    Plymouth (0.8 miles)

    Devonport (1.0 miles)

    Dockyard (1.1 miles)

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