£400 K SOLD
LOT 22
GUIDE PRICE : £400 K +++ 107, HIGH STREET, STREET, BA16 0EY
Street SOMERSET
PROPERTY AREA 4922.3 ft 2 /457.3 m 2
High street investment opportunity
42
The property comprises a traditionally constructed double fronted shop unit of stone construction under a tiled roof, arranged over ground and two upper floors. • To acquire excellent retail premises of character in a prime retail area. • The whole property is let to Co-Operative Bank on a full repairing and insuring lease, expiring 24 December 2017 at a passing rent of £49,500 PA • The upper floors have been sublet to Apex Dental Group – we understand they may be interested in leasing the upper floors at £10,500 pa once the Co-Op lease ends. • Scope to develop the warehouse premises to the rear into further accommodation or to seek planning consent for a residential or commercial scheme subject to consents • The upper parts have independent access from the high street. • To the rear is a sizable warehouse linked to the ground floor. • The rear of the property is accessed from the main town centre car park operated by the local authority and comprises 8-10 parking spaces
JOINT AGENTS Williams Gunter Hardwick 0117 922 1222
SOLICITORS
contact:
Desmond O'Driscoll, Partner - Commercial Property, NEXUS Solicitors
dodriscoll@nexussolicitors.co.uk
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