Station Road, Taunton, Somerset, TA1
£182.63 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,232 sq ft
114 sq m
- SECTOR
Retail property retail park for sale
- USE CLASSUse class orders: A1 Shops and Class E
A1, E
Key features
- Detached single storey retail unit
- Let to Britain's largest retail dry cleaner
- Open plan retail area
- Staff WC
- Car parking spaces for retail occupiers and customers
Description
Taunton is located 49 miles south west of Bristol, 36 miles north east of Exeter and 153 miles west of London. It has good transport links via junction 25 of the M5 and having a direct train service to London Paddington (2hrs 11mins).
Belvedere Retail Park is prominently situated on Station Road, a good secondary retail pitch only 10 minutes' walk from the prime retail area at the end of North Street. The property fronts one of the main arterial routes into Taunton town centre.
BELVEDERE RETAIL PARK
Belvedere Retail Park was constructed in 2007 and comprises three retail units totalling approximately 680.5sqm / 7,325sqft. Unit 1 (Southern Co-op) and Unit 2 (All About Beds) are ground floor retail units below Belvedere Gardens, a three-storey block of residential apartments.
HEAD LEASE
Belvedere Retail Park is owned on a 999-year head lease from 25.03.2006. Units 1 & 2 have been sold on a long underlease on terms to mirror the head lease.
UNIT 3 BELVEDERE RETAIL PARK
A detached single storey retail unit facing Units 1 and 2 separated by a car parking area providing 17 car parking spaces for shared use between the retail occupiers and their customers. Accommodation comprises an open plan retail area with staff WC in the corner, and display windows to Station Road.
LEASE TERMS
Unit 3 is let to Johnson Cleaners UK Ltd for a term of five years from 01.09.2023 at a rent of £18,000pa on FRI terms with a tenant-only break clause on 31.08.2026. The tenant is also responsible for contributing to the Belvedere Retail Park service charge.
ENERGY PERFORMANCE CERTIFICATE ('EPC')
Energy rating: C (69).
JOHNSON CLEANERS UK LTD
Johnson Cleaners is Britain's largest retail dry cleaner with over 300 branches across the UK (excluding Northern Ireland). It is the retail dry cleaning division of the Johnosn Service Group plc and a wholly owned subsidiary of Timpson.
01.10.2022 25.09.2021
Turnover £23,861m £17,109m
Operating Profit £3,072m £1,260m
REGISTERED TITLE
ST253277
GUIDE PRICE
£225,000+VAT for ST253277.
VAT
All charges are subject to VAT.
LOCAL AUTHORITY
Somerset Council.
Energy Performance Certificates
EPC 1Brochures
Station Road, Taunton, Somerset, TA1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Taunton Station0.2 miles
About Chapman Chartered Surveyors, Diss
Low Common, South Lopham, IP22 2JR
Chartered Surveyors specialising in commercial property across East Anglia and the UK.
Notes
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