Unit 8 Transit Way, Plymouth, Devon, PL5 3TW

A well-positioned lock-up retail unit located in the busy commercial area of Transit Way. The property offers strong visibility and benefits from consistent daytime footfall. The unit is suitable for a variety of retail uses and sits within an established commercial area, surrounded by other businesses such as Tesco, JD Gym, The Post Office and Matalan, among others.

Location

The property is located within the popular Transit Way shopping centre, conveniently located along the walkway between the Tesco Superstore and JD Gym. The shopping centre has benefitted from significantly higher footfall since the gym opened in 2023.

Transit Way is accessed via the B3413 Crownhill Road which is in turn accessed from the A38 at the Ernesettle Junction or Tavistock Road from the east.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net internal basis.

Total - 460 sq ft (42.76 sq m)

Rent / Price

£13,000 per annum exclusive.

Service Charge

A service charge is levied for the upkeep and maintenance of the communal areas. Please enquire for further information.

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £9,500, therefore making the approximate Rates Payable £4,741 per annum for 2024/25.

Occupiers may be eligible for Small Business Rates Relief if this is the only property they occupy and/or any other properties they occupy have a rateable value of less than £2,900 each. Qualifying ratepayers will pay no rates on properties with rateable values up to £12,000 with a tapered relief of between 100% and 0% for properties with rateable values between £12,001 and £15,000.

Interested parties are advised to confirm the rating liability with Plymouth City Council.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

C (61)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property has been elected for VAT and therefore VAT will be charged on the rent.