Retail/Shop for sale Somerton TA11 7PS,2267sq ft

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Retail/Shop

Retail/Shop For Sale Somerton

PROPERTY ID: 135551

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

2,267 sq.ft

Key Features

Popular town with a large catchment area in the heart of Somerset

Well maintained and managed building, substantially refurbished in recent years.

5 retail units providing different income streams and reduced risk.

8 age restricted apartments with parking to rear and communal areas sold off on 999 year leases.

Retail units plus estate office totalling 2,267 sq ft.

Rental income £41,805 pa when fully occupied plus ground rents totalling £3,850 pa.

Property Details

Description The Property, Which Dates Back To The 18th Century, Is Predominantly Arranged Over Ground And First Floors, Although One Of The Retail Units Has Basement Storage. The Building Has Stone Elevations And A Tiled Roof Whilst There Is Rear Access And Parking, To Include Garages Within A Yard At The Rear Of The Property. There Are 5 Retail Units, 2 Of Which Are Converted From The Former Court House And Police Station And 8 Age Restricted Residential Apartments With Communal Areas On The Ground And First Floors That Have Been Sold Off On Long Leases. Each Shop Is Independently Serviced And Has Its Own Wc Facilities. Popular Town With A Large Catchment Area In The Heart Of Somerset Well Maintained And Managed Building, Substantially Refurbished In Recent Years. 5 Retail Units Providing Different Income Streams And Reduced Risk. 8 Age Restricted Apartments With Parking To Rear And Communal Areas Sold Off On 999 Year Leases. Retail Units Plus Estate Office Totalling 2,267 Sq Ft. Rental Income £41,805 Pa When Fully Occupied Plus Ground Rents Totalling £3,850 Pa.

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About the Agent

Greenslade Taylor Hunt

See Agent's Other Properties

Retail Unit

£465,000 Freehold

1-4 West Street, Somerton, TA11 7PS

Retail/Shop - Available
2,267 sq ft
211 sqm

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