GET STARTED NOW

Express Interest in this Property

Day Lewis Pharmacy, Ivybridge


Call for price
11-12 Fore Street, Ivybridge , Devon PL21 9AB

Basic Facts

Status: Type: Tenure: Freehold Gross Rent: £ 40,632
Lease Term: FR&I expires Jul '30 VAT applicable: Yes

Property Description

  • Freehold Blue-Chip Medical Investment.
  • The property comprises a ground floor retail unit with self contained first floor office accommodation, which has been sub-let.

Location Description

  • Ivybridge is a popular town in Devon situated on the southern boundary of Dartmoor National Park.
  • The property is prominently situated on Fore Street, adjacent to the Glanvilles Mill Shopping Centre.
  • Nearby occupiers include Co-operative Food, Lloyds Bank, Salvation Army and The Post Office.

Additional Notes

  • Day Lewis Plc are currently occupying the property on a lease assigned from Boots the Chemist Limited by way of an Authorised Guarantee Agreement at a rent of £39,439.86 p.a.x. rising to £40,031.60 p.a.x. in April 2019 and £40,631.92 p.a.x. in April 2020.
  • This lease is due to terminate on 21/07/2020. In addition, Day Lewis Plc have entered into a reversionary lease for a further 10 years at a rent of £40,632 p.a.x. expiring 21/07/2030 (no breaks).
  • The first floor has been sub-let on a licence to NHS Partnership Trust expiring in July 2020 at a rent of £9,900 per annum.

View on map / Neighborhood

Still can’t find what you’re looking for?

Current Opportunities

Current Opportunity
£ 450,000

Specsavers, March

3-5 Broad Street, March,Cambridgeshire, PE15 8TP
Current Opportunity

Dry Cleaner & Flat, Wembley, Greater London

The Broadway, Forty Avenue, Wembley, London HA9 8JT
In Auction
£ 400,000

Hair Salon & Flat, Wembley, Greater London

5 & 5a The Broadway, Forty Avenue, Wembley, Middlesex HA9 8JT

Bodycare, West Bromwich

195-197 High Street , West Bromwich , West Midlands B70 7QZ
£ 550,000

Kwik-Fit, Blackburn

22/24 King Street, Blackburn, Lancashire, BB2 2DH
Current Opportunity
Call for price

Vacant Former Betting Office, Buxton

First Floor, 97 – 103 Spring Gardens, Buxton, SK17 6BP
In Auction
£ 425,000

Restaurant & Flat, Feltham, Greater London

1 Rochester Parade, Feltham, Middlesex, TW13 4EA
Current Opportunity
£ 550,000

Domino’s, Palmers Green

324 Green Lanes, Palmers Green, London N13 5TW
Current Opportunity
£ 670,000

McColl’s, New Addington, Greater London

7 & 9 Wayside, New Addington, Surrey, CR0 9DX
£ 215,000

My Dentist, Wandsworth, Greater London

203 Wandsworth High Street,London, SW18 4JE
Call for price

Mixed Parade (Card Factory, Greggs, Age UK & Restaurant), Boscombe

617 to 623 Christchurch Lane, Boscombe, Bournemouth, Dorset BH1 4AP
Call for price

Mixed Parade (5 Shops & 5 Flats), Watford, Greater London

178/178A, 180/180A, 182/182A, 184/184A, 186/186A St. Albans Road, Watford, Hertfordshire WD24 4AS
Current Opportunity
Call for price

Land with Development Potential, Tipton

Roadside Development, Dudley Port, Tipton, DY4 7RB
£ 1,050,000

Sainsbury’s Local, Stourbridge

Sainsbury’s Local, 23 Lawnswood Road, Wordsley, Stourbridge, West Midlands, DY8 5PH
£ 220,000

McColl’s, Buxton, Norfolk

Crown Road, Buxton, North Norwich, Norfolk, NR10 5EN
Current Opportunity
£ 900,000

McColl’s & Flat, Watford, Greater London

79 – 83A Tolpits Lane, Watford, Hertfordshire, WD18 6NT
Call for price

Vacant Pub (To Let), Whitton, Greater London

The Duke of York, 672 Hanworth Road, Whitton, Hounslow, TW4 5NP
Call for price

Vacant Shop & Flat, Bournemouth

691 Wimbourne Road, Winton, Bournemouth, Dorset, BH9 2AT
£ 170,000

Greggs, Leeds

45 Commercial Street, Rothwell, Leeds LS26 0AP
Call for price

Stationary Shop, Gloucester

Unit 10 Kingsway Local Centre, Quedgeley, Gloucester, GL2 2GT