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15- 17 Middle Street, Yeovil, Somerset, BA20 1LF

Offers in Region of
£750,000

£218.28 per sq ft

Business rates & charges may apply

Vickery Holman, Exeter
SIZE AVAILABLE

3,436 sq ft

319 sq m

SECTOR

Commercial property for sale

Key features

  • Prime retail investment for sale
  • Good size open plan sales area
  • Storage and staff facilities
  • Situated within the main shopping street within the town
  • Other occupiers include Vision Express, Primark, Costa and Timpson
  • We are instructed to seek offers in the region of £750,000 reflecting a NIY of 8.87% assuming 3.18% purchasers costs.

Description

The property consists of two prime retail units currently let to Weldmar Hospice Limited (no 15) and Coffee One (no 17).

Both properties benefit from a good size open plan sales area with storage and staff facilities to the rear. No 17 has a small yard to the rear currently utilized for storage.


Location

The property is located in Yeovil Somerset near the boarder with Dorset. It has a population of 49,698 as of the 2021 census. The town is known for its contributions to the aircraft and defence industries and these remain major employers today.

The town benefits from several open spaces including Yeovil Country Park which features Ninesprings, a popular area for walking and outdoor activities.

The property is situated in a prime position on Middle Street which is Yeovil's main shopping street in the town. In recent years the street has undergone serval improvements to enhance the shopping experience, including widened footways, raised seating planters and improved street lighting.

Other occupiers on the street include Vision Express, Primark, Costa and Timpson along with a number of local and regional occupiers on the street.


Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.

Number 15:
Ground Floor 1,277 sq ft (118.63 sq m)

Number 17:
Ground Floor 2,159 sq ft (200.54 sq m)



Rent / Price

OIRO £750,000

The vendor intends to sell the upper parts separately.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

Awaited.

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property has not been elected for VAT and therefore VAT will not be charged on the price.

Brochures

15- 17 Middle Street, Yeovil, Somerset, BA20 1LF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Yeovil Pen Mill Station0.8 miles
  • Yeovil Junction Station1.4 miles
  • Thornford Station3.0 miles

About Vickery Holman, Exeter

Balliol House Southernhay Gardens, Exeter, EX1 1NP

Vickery Holman is a multi-disciplined property company, the roots of which can be traced back as far as 1848. Today, the consultancy has more than 60 people working in four offices, strategically placed across the South West. Vickery Holman is a limited company, owned by its employees, and is a member of the RICS (Royal Institution of Chartered Surveyors).

Our consultants offer a full spectrum of skills in all areas of property, from all aspects of general practice and building surveying, right through to the management of commercial and residential property. Our specialist areas include dispute resolution, development consultancy, valuation, lease consultancy, business rates negotiations, in addition to commercial sales, lettings and acquisitions.

We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors. Our tailored, personal service aims to empower all our clients, whether they are new to property or seasoned professionals. We believe communication through personal contact is key to highlight those investment opportunities or potential pitfalls.

Can't find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

Notes

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