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28 Cornhill, Bridgwater, Somerset, TA6

Fixed Price
£200,000

£229.36 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

872 sq ft

81 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Rental Income: £17,250 p.a.
  • Gross Initial Yield: 8.63%
  • Comprises ground floor retail shop t/a H&T Pawnbrokers
  • VAT is applicable to this property

Description

Investment Consideration:
Gross Initial Yield: 8.63%
Rental Income: £17,250 p.a.
VAT is applicable to this property
Comprises ground floor retail shop t/a H&T Pawnbrokers
Situated in a busy pedestrianised position between Angel Place Shopping Centre and the main retail area Fore Street, with occupiers nearby including Lloyds Bank (adjacent), NatWest, Specsavers, Greggs, KFC, Prezzo, Sports Direct, Costa Coffee and many more.

Property Description:
Comprises ground floor retail shop t/a H&T Pawnbrokers. The property benefit from vehicular access at rear and provides the following accommodation and dimensions:
Retail Shop: 81 sq m (872 sq ft)
Open plan retail, office, kitchen, store, wc

Tenancy:
The property is at present let to Harvey & Thompson Ltd t/a H&T Pawnbroker's for a term of 5 Years from 5th September 2021 at a current rent of £17,250 p.a. and the lease contains full repairing and insuring covenants.

Tenure:
To be held on a new 999 year lease from completion at a ground rent of peppercorn.

Location:
The market town of Bridgwater is located 10 miles north-east of Taunton and 33 miles south-west of Bristol. The town lies adjacent to the M5 motorway (Junctions 23 and 24) which provides access to Bristol, The Midlands and the South-West, with the A39 providing east/west links. Bridgwater Rail Station provides regular services to Taunton (10 mins), Exeter St Davids (37 mins) and Bristol Temple Meads. The property is situated in a busy pedestrianised position between Angel Place Shopping Centre and the main retail area Fore Street. Occupiers close by include Lloyds Bank (adjacent), NatWest, Specsavers, Greggs, KFC, Prezzo, Sports Direct, Costa, WH Smith, Boots, HSBC and Vodafone amongst many others.

Brochures

28 Cornhill, Bridgwater, Somerset, TA6

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bridgwater Station0.5 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Notes

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Disclaimer - Property reference 28cornhill. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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