Auction Property Office 

Constantine Street, Plymouth


Arrange viewing Make pre-auction Offer


  • Auction Date: 25th & 26th September 2019
  • Self-contained office unit
  • Basement level
  • Prominent city centre location
  • Located within a five storey apartment block
  • Approximately 350 sq. ft – 400 sq. ft
  • Currently let at £550 pcm (£6,600 per annum)
  • Current gross yield of 14.67%
  • Nearby on street parking available
  • Leasehold


Unit 2, Charles Cross Centre, 22 Constantine StreetPlymouthDevonPL4 8DE
Viewing | Pre-auction Offer

Property Details

•For Sale By Online Auction: 25th & 26th September 2019
•Guide Price: £45,000+
•Self-contained office unit – vacant
•Potential income: £7,200 per annum, 16% Gross Yield
•Leasehold – 125 years from 2005

•For Sale By Online Auction: 25th & 26th September 2019
•Guide Price: £45,000+
•Self-contained office unit
•Tenanted: £6,600 per annum, 14.67% Gross Yield
•Leasehold – 125 years from 2005

The office unit is located within a five-storey residential apartment block in Plymouth city centre, providing easy access to all amenities and transport links. Nearby occupiers include Sainsbury’s Local, Tesco Express and Drake Circus shopping centre.

The property is located at basement level, providing a fully self-contained office unit with kitchen and toilet facilities. There is also nearby on street parking available.


Total = Approx. 350 sq. ft – 400 sq. ft


We understand the property to have mains electricity, water and drainage. However, interested parties are advised to make their own enquiries.


Leasehold – 125 years from 2005

Investment Analysis

We understand the property is currently let on a rolling monthly contract at £550 pcm (£6,600 per annum), reflecting a gross yield of 14.67%, based on the guide price. We have been advised that the tenant has given notice to vacate the property.

Guide Price


Buyer’s Premium

2% (min. £3,600) inc. VAT.


Viewings by appointment only. Please contact a member of John Pye Property on 0115 970 6060 or email to arrange an appointment.

Sell Your Property

If you are thinking of selling your property, contact us now for a free appraisal and benefit from:

•0% Seller Fee
•£0 Entry Fee
•£0 Marketing Costs
•20 Working Day Completion
•Monthly auctions

Location Map

Viewing | Make Pre-auction Offer

Contact Details:

Your message has been sent.