14, 15 & 16 Paul Street, 14 Paul Street, Taunton, Somerset, TA1 3PF
For Sale £515,000 Offers in the region of
Town centre mixed use fully let investment.
Popular trading pitch adjacent to car park.
Three retail units, first floor offices and a 1 bedroom flat.
Long established tenants.
Current income: £44,900 per annum.
Guide Price: £515,000 reflecting a net initial yield of 8.35% after purchasers costs.
About This Property
The property comprises a 3 storey mixed use commercial and residential building with 3 self contained retail units; one currently used as offices, first floor offices and a well presented one bedroom flat on the second floor. Two of the shops have electric heating whilst the third shop/office, the first floor office and the flat have independent gas fired central heating.Each area of occupation is independently metered for utilities with the exception of the ground floor shop/office of 16 Paul Street and flat which share the same electric (the flat has a sub-meter) and water meters.Read More
Contact Taunton Commercial Property
9 Hammet Street Somerset Taunton TA1 1RZ