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Student accomodation investment opportunity in Ply, Frobisher House, 64-66 Ebrington Street, Plymouth, PL4 9AQ
not specified / Land
Withdrawn - Last updated: 03 January 2024
- The University of Plymouth is the UK's 9th largest university with over 30,000 students.
- Plymouth suffers from an acute shortage of modern student accommodation.
- Pre-let prior to practical completion to Sainsbury's and Plymouth University.
- The student accommodation is let in its entirely to Plymouth University for a term of 2 years from 9 September 2013, at a rent of £710,000 per annum.
- The ground floor is let to Sainsbury's Supermarkets Ltd for a term of 15 years from 9 September 2013, with a tenant's break option at the tenth year, at a rent of £60,000.
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