10- 10d Farm Road, Street, BA16 0BJ

GBP 385,000
For Sale

Property Details

Property Type

Commercial Property

Description

Property Details: • Type: Commercial Property • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • Great Investment Opportunity • 3 x Commercial Retail Units 2 x Residential flats • 8% Gross Yield • All Occupied • Close to Clarks Village - Outlet Shopping

Location: • Nearest Station: Castle Cary Station • Distance to Station: 9.596425438609385 miles

Agent Information: • Address: 41 High Street, Glastonbury, BA6 9DS

Full Description: A mid-terrace mixed use investment property comprising of three ground floor lock up retail units with two flats over. The property is currently fully let generating a gross income of £32,880pa. Available at a guide price reflecting an 8.5% gross yield. No external garden or parking. <br /><br />A mid-terrace mixed use investment property comprising of three ground floor lock up retail units with two flats over. The property is currently fully let generating a gross income of £31,080pa. Available at a guide price reflecting an 8% gross yield. No external garden or parking. Internal accommodation is arranged as follows: <br /><br />W3W ///splendid.curtains.verifying<br />Occupying a strong secondary trading location within Street located off Farm Road, Street nearby Clarks Village. <br /><br /><br />10 - Ground floor retail unit. Retail area (26.50sqm). Kitchen and WC (3.74sqm). Occupied as a nail bar. <br />10A - Ground floor retail unit. Retail area (18.40sqm). Occupied as vape shop / office. <br />10B - Ground floor retail unit. Retail area (19.87sqm) including WC. Occupied as barber shop. <br /> Communal ground floor entrance. <br />10C - Hallway. Bedroom (8.24sqm). Living Room (18.02sqm max.) with stairs. Kitchen (5.25sqm). Second floor landing. Bathroom (5.3sqm). Plus attic room. <br />10D - Entrance Hall. Living / Kitchen (17.26sqm). Bedroom (7.09sqm). Shower Room (3.73sqm). Attic room. <br /><br /><br />We understand that each of the parts are connected to separate utilities. Mains water and electricity. No tests have been carried out on any appliances or services at the premises and neither the vendors nor their agents give any warranty as to their condition. All fixtures, fittings and trading equipment are specifically excluded unless mentioned in these particulars.<br /><br />Strictly by prior appointment with the selling agent., Cooper and Tanner . We request that at least 24 hour notice is provided in advance of your intended viewing date to allow time to notify the tenants. <br /><br />We understand the property is not elected for VAT. <br /><br />Rateable Value / Council Tax<br />10 - Ratable Value £7,8000 <br />10A - Ratable Value £5,400<br />10B - Rateable Value £5,300 <br />10C - Council Tax Band A <br />10 D - Council Tax Band A <br /><br />Planning<br />Interested parties should rely on their own enquiries in respect of any planning history, opportunities and existing consented uses and works with the local planning authority.<br /><br />Energy Performance Certificate<br />10 - EPC/C<br />10A - EPC/D <br />10B - EPC/E <br />10C - EPC/E <br />10 D - EPC/D <br />Full copies available on request. <br /><br />10 £580pcm - Commercial occupier <br />10A £480pcm - Commercial occupier<br />10B £480pcm - Commercial occupier<br />10C £550pcm - Periodic assured shorthold tenancy <br />10D £550pcm - Periodic assured shorthold tenancy<br /><br />Total £2,590pcm / £31,080pa <br /><br />Available Freehold, subject to and with the benefit of the current occupation. Copies the occupational information is available following a viewing at the discretion of the Vendor. <br /><br />Great Investment Opportunity<br /><br />3 x Commercial Retail Units<br />2 x Residential flats<br /><br />8% Gross Yield<br /><br />All Occupied<br /><br />Close to Clarks Village - Outlet Shopping

Location

Address

10- 10d Farm Road, Street, BA16 0BJ

City

Street

Features and Finishes

Great Investment Opportunity, 3 x Commercial Retail Units

2 x Residential flats, 8% Gross Yield, All Occupied, Close to Clarks Village - Outlet Shopping

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