PROMINENT SECONDARY RETAIL PARADE WITH RESIDENTIAL UPPER PARTS AND DEVELOPMENT POTENTIAL
FOR SALE GUIDE PRICE £350,000
- Current passing rent £19,620 per annum
- Site area 796 sq. m / 8,568 sq. ft.
The property is situated in a prominent location on the corner of Earle Street and Wyndham Street, on the eastern side of Yeovil Town Centre. The property is located within walking distance of the Stars Lane leisure complex which includes Cineworld and a number of food offerings. Other occupiers close by include Premier Inn, Farm Foods and Majestic Wines. A planned Aldi store located on Sherborne Road is due to open in December 2018.
The property is a two storey building constructed of brick with the front facia rendered, under a flat roof. Internally the property provides four retail units on the ground floor and two flats on the first floor. The two flats consist of one 2 bedroom flat and one 3 bedroom flat. To the rear is a workshop with yard currently used for storage and car parking. All the retail units and the two flats are currently let. The yard to the rear would be suitable for a variety of uses STPP.
ACCOMMODATION (all areas are approximate)
Gross internal area 356.6 sq. m / 3,839 sq. ft.
Workshop & yard 469 sq. m / 5,050 sq ft
Total site area 796 sq. m / 8,568 sq. ft.
The property has mains electricity, water and drainage. No tests have been carried out in relation to services, nor are we able to comment on their condition.
The property is offered freehold subject to the existing leases. The combined passing rent is £19,620 per annum. For further details on the tenancies please contact Chesters Commercial.
Guide Price – £350,000
VAT is not chargeable on the sale
RATEABLE VALUE (VOA Listing 2017)
Description Shop & premises
18 Wyndham St £2,475
19 Wyndham St £2,200
20 Wyndham St £2,300
21 Wyndham St £1,800
Description Workshop & premises
Earle Street Garage £8,000
ENERGY PERFORMANCE CERTIFICATE
18a Wyndham St Energy rating; G12 20a Wyndham St Energy rating; G12 Retail units
18 Wyndham St Energy rating; C70
19 Wyndham St Energy rating; D92
20 Wyndham St Energy rating; D77
21 Wyndham St Energy rating; E102