The Mount, 21 High Street, Wellington, Somerset, TA21 8QT
Retail Property - High Street
For Sale £325,000 Offers in the region of
Town centre fully let investment.
Prominent trading pitch close to Waitrose.
Attractive building comprising basement caf̬ ground floor salon and first floor offices.
Long established tenants.
Current income: £30,600 per annum.
Guide price: £340,000 reflecting a net initial yield of 8.7% after purchasers costs.
About This Property
The property, which is Grade II listed, is arranged over 3 storeys comprising a former licensed bar/now caf頷ith independent street access on the lower ground floor, a hairdressing salon on ground floor level offices on the third floor. The offices benefit from staircase access to attic storage above.The lower ground floor, which has been a licenses premises for some 35 years and occupied by the current tenant for 16 years, currently trades as a caf頡nd restaurant with 40 covers although further capacity is possible. It has electric heating and air extraction, customer WC's and independently metered utilities.The ground floor salon comprises 4 principle rooms, an office, a kitchen, two separate WC's and a small yard to the rear, whilst the first floor offices comprise 6 principle rooms, a kitchen and WC with attic storage above. Both areas have electric heating and separately metered utilities.Read More
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9 Hammet Street Somerset Taunton TA1 1RZ