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Investment for sale in Peter Street, Yeovil, Somerset, BA20

Guide price £320,000

A secure dental surgery investment property with additional residential apartments.

  • Town
  • Pre War/Period
  • Investment
  • Investment
  • Freehold

Trinity House is a Grade II listed building well-located within Yeovil, situated opposite one of the town centre’s public car parks.

The ground floor and part of the first floor is occupied by a successful and established dental practice. There are also two one-bedroom apartments on the first and second floors respectively, both occupied on assured shorthold tenancies.

The property retains a number of original features including moulded cornices, sash windows and an impressive bay window. The roof has recently been replaced and additional insulation installed to improve the building’s energy efficiency. The property has a garden to the rear which is maintained by the ground floor tenant. The internal and external condition of the property is excellent and viewing is highly recommended.

Apart from the car park opposite, a number of short, medium and long stay public car parks are also located nearby.

The freehold interest is for sale at a guide price of £320,000.

The dental practice is let on a commercial lease for a term of 10 years from 6th August 2014 on internal repairing and insuring terms at a rent of £9,600 per annum. The rent is due for review on the fifth anniversary of the lease.

The apartments are both currently let on assured shorthold tenancies which generate a rental income of £10,440 per annum.

Yeovil is the principle commercial centre for South Somerset and West Dorset and is home to a wide variety of businesses such as restaurants, cafes and bars, alongside well established independent shops and boutiques.

(All measurements approximate)
Dental surgery and offices (Ground/first floor):-
Basement store: 4.27m x 4.58m
Reception: 4.75m x 5.72m
Treatment room 1: 4.21m x 3.08m
Treatment room 2: 3.08m x 5.83m
Clinical disinfectant area: 1.48m x 2.53m
Patient w.c.
Office: 3.46m x 2.64m
Rest room/kitchen: 2.32m x 3.07m
Staff w.c.
Apartment 1 (first floor):-
Living Room
Shower room
Apartment 2 (second floor):-
Open plan living room
En-suite shower room

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