Investment Property with Refurbishment Opportunity for Sale

  • Tenure: For Sale – Freehold
  • Price: £220,000

Description:

This investment property includes a Retail premises at ground floor level, with great roadside shop frontage on to Taunton Road, currently occupied by AD Carpets and Flooring and has been a Carpet and Flooring shop for nearly 20 years.

The upper floors are accessed by way of a separate entrance to the side of the property and consists of 3 No. letting bedroom studios with kitchenettes, and access to shared WC and Shower facilities.

The property is available for sale Freehold with the benefit of the existing Commercial Tenant in place, providing an investment opportunity in Bridgwater.

The property is situated on Taunton Road, with good road access to J24 of the M5 and close to local amenities, including the Co-Op store opposite, local Takeaway premises, hairdressers/barbers, laundrette, supermarket and just a short walk from the Town Centre.

The property will require refurbishment of the upper floors either to continue as letting bedrooms or to create self contained Flats.

Accommodation:

104 Taunton Road – Shop

Retail Area – 52.46m² (564ft²)

Rear Areas* – 19.06m² (205ft²)

*Including WC, Office and Kitchenette

104A Taunton Road – Residential

Room 1 – 27.99m² (301ft²)

Room 2 – 16.27m² (175ft²)

Room 3 – 28.23m² (303.75ft²)

There is a yard area to the rear of the property accessible by all Tenants for the storage of bins etc. but could be redesigned to create off road parking.

Services:

Mains electricity, water and drainage are connected to the property.  Telephone lines available for connection subject to BT  Regulations.

(We confirm that we have not tested any of the service installations and any purchaser must satisfy themselves independently as to the state and condition of such items.)

Method of Sale:

The Vendors own the Freehold of the property being offered for sale, registered with Land Registry until title number ST226467.

The property is being offered by way of private treaty, as seen, and subject to the existing commercial Tenant in situ. Upper floors are to be vacant.