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Investment for sale in Station Road, Taunton, Somerset, TA1

Guide price £235,000

  • Investment
  • Investment
  • Freehold

85 & 85A Station Road are located at the top of Station Road, near to the train station on the edge of Taunton town centre and has a prominent position facing onto the A3038 near to the junction with Priorybridge Road.

The two storey, mid terraced mixed-use investment comprises a ground floor lock-up shop and a first floor self-contained 1 bed flat which is accessed from the rear via a metal staircase. At the rear of the property is car parking which is accessed from Whitehall.

The retail unit is let on a commercial lease for a term of 3 years, commencing 05/11/18 and expiring on 31/10/21 with a passing rent of £7,000 per annum.

The flat is let on an assured shorthold tenancy with a rent of £500 pcm.


Accommodation
All measurements approximate.

85 Station Road (Shop)

Ground floor:-
Internal frontage 4.71m (15’5)
Shop depth 12.50m (41’0)
Width 4.89m (16’0)
Shop 12.50m x 4.89m (41’0 x 16’0)
Store 2.25m x 2.05m (7’4 x 6’8)
Kitchen 1.60m x 1.50m (5’2 x 4’11)
WC facility
Store 2.44m x 1.72m (8’0 x 5’7)

Outside:-
1 parking space to rear.


85A Station Road (Flat)
First floor:-

Kitchen 5.76m x 2.15m (18’10 x 7’0)
Bathroom 2.92m x 2.46m (9’6 x 8’1)
Hall 3.69m x 1.56m (12’1 x 5’1)
Bedroom 3.64m x 3.05 (11’11 x 10’0)
Sitting room 5.00m x 4.19m (16’4 x 13’8)

Outside:-
1 parking space to rear.


Tenure & Rental
The property is for sale at a guide price of £235,000 subject to the current leases to the shop tenant and the residential flat with a combined passing rent of £13,000 per annum.

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