Commercial property for sale in 14, 15 & 16 Paul Street, 14 Paul Street, Taunton, Somerset TA1, £399,500

399,500.00

Offer Nr.:
61839489
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Greenslade Taylor Hunt
Phone(s):
01823 760016

* Freehold
* Town centre mixed use fully let investment.
* Popular trading pitch adjacent to car park.
* Three retail units, first floor offices and a 1 bedroom flat.
* Long established tenants.
* Current income: £42, 000 per annum.
* Guide Price: £399, 500 reflecting a net initial yield of 9. 94% after purchasers costs.
The property comprises a 3 storey mixed use commercial and residential
building with 3 self contained retail units; one currently used as offices,
first floor offices and a well presented one bedroom flat on the second floor.
Two of the shops have electric heating whilst the third shop/office, the first
floor office and the flat have independent gas fired central heating.
Each area of occupation is independently metered for utilities with the
exception of the ground floor shop/office of 16 Paul Street and flat which
share the same electric (the flat has a sub - meter) and water meters.
Town centre mixed use fully let investment.
Popular trading pitch adjacent to car park.
Three retail units, first floor offices and a 1 bedroom flat.
Long established tenants.
Current income: £42, 000 per annum.
Guide Price: £399, 500 reflecting a net initial yield of 9. 94% after purchasers
costs.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)