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North Street, Taunton, Somerset, TA1 1LH
Shop
For Sale
£495,000 Offers in excess
Key Features
Freehold Available in Prime Town Centre Retail Pitch
Nearby Occupiers Include Greggs, Fat Face, Mountain Warehouse, Lush, Barclays And White Stuff
Let To The Undoubted Covenant Of Cancer Research UK
10 Year FRI Lease From 12th October 2017, 5.75 Years Unexpired To Expiry
Total Current Income Of £39,235 Pax
Offers In Excess Of £495,000 Reflecting A Net Initial Yield Of 7.57%, Allowing For Graduated Purchaser's Costs Of 4.68%
About This Property
The property comprises a rectangular shaped shop on the ground floor with rear storage and kitchen. A staircase accesses first floor ancillary accommodation currently used by the tenant, whilst the property includes further accommodation at second floor, demised to the tenant, there is no value attributable to this area. A purchaser may be able to improve the upper parts in the future.
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Contact Taunton Commercial Property
9 Hammet Street
Somerset
Taunton
TA1 1RZ
01823 334455
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