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Retail,investment for sale in East Reach, Taunton, Somerset, TA1

Guide price £99,950

  • Investment
  • Retail
  • Investment
  • Leasehold

The property is located on East Reach, the main thoroughfare into Taunton town centre, being the A38. The retail unit overlooks this busy road and is located opposite the Esso/Tesco Express petrol filling station.

The property provides a newly developed ground floor lock up shop premises within Chaucer Court and is accessed via a concrete ramp. Internally it is fitted out with fluorescent lighting and spotlights with plate glass uPVC windows to front.

All measurements approximate.
Ground Floor:-
Internal Frontage 12.19m (42’7)
Shop depth 10.07m max (33’0 max)
Shop Area 1 5.85m max x 5.73m max (19’1 max x 18’8 max)
Shop Area 2 10.07m max x 5.95m max (33’0 max x 19’6 max)

Tenure
The long leasehold interest (999 years from January 2008) in the property is being offered for sale at a guide price of £99,950 subject to the current lease to the tenant at a passing rent of £7,000 per annum plus VAT. Full repairing and insuring basis subject to a schedule of condition expiring in January 2021.

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