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15 Fore Street, Chard, Somerset, TA20 1PH

£ 85,000
15 Fore Street, Chard, ,
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UNDER OFFER

RETAIL INVESTMENT FOR SALE – £85,000

Lock up shop approximately 400 sq ft (37.16 sq m) let at £7,000 pa

LOCATION

Chard is an attractive market town located in South Somerset close both to the Devon and Dorset borders. The town is on the A30 and services a wide and prosperous rural hinterland which includes the Blackdown Hills an AONB which lies to the west and north of the town. The town has a very unusual feature, a stream running along either side of Fore St, being the main shopping street of the town. One stream eventually flows into the Bristol Channel and the other reaches the English Channel. The subject property enjoys a prime location.

DESCRIPTION

The property comprises a lock up shop being part of The Phoenix Hotel. It provides mainly retail accommodation with a small rear store and WC. The shop has been a travel agency for 20 + years.

ACCOMMODATION ( All areas are approximate)

Shop 400 sq ft (37.16 sq m)

TENURE
Long Leasehold. The lease is dated 1997 and is for a term of 999 years. The rent is a peppercorn. There is a further lease in place to The Mid Counties Co – Operative Ltd at a rent of £7,000 pa. The lease is dated 2009 and for a term of 10 years. The company was founded in 1853 and operates across 337 locations with over 8,000 employees and a Net Wort of £100,083,000 (Experian).

PRICE

£85,000

VAT

VAT is not chargeable on the sale price.

LEGAL AND OTHER INGOING COSTS
Each party to be responsible for their own legal costs.

RATEABLE VALUE (VOA Listing 2017)

£8,300

ENERGY PERFORMANCE CERTIFICATE
An Energy Performance Certificate will be available shortly.

CONTACT

For further information or to arrange a viewing please contact the Joint Sole Agents:
Telephone: (01935) 415454
Email: david.foot@chesterscommercial.com

CLICK HERE TO DOWNLOAD PROPERTY PARTICULARS

Address: 15 Fore Street, Chard
Town:
County:
Post Code: TA20 1PH
Country: United Kingdom
Property Id : 1749
Price: £ 85,000
Property Size: 400 ft2

David Foot

Director
01935 415454
david.foot@chesterscommercial.com

Contact Me