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King Street, Frome, Somerset, BA11

Key features

  • MAIN RETAIL AREA,
  • TWO SEPARATE OFFICE AREAS/RETAIL SPACES,
  • REAR STAFF KITCHENETTE/REST ROOM, WC

Description

*An opportunity to acquire an investment lock-up shop*Central Frome location producing an annual rent of £13,200*Investment providing a yield of approximately 9%*Let to a well-established local business.

Situation: Located within Kings Street which is considered to be part of the centre of Frome, these premises are a stones throw from Marks and Spencer, Cheap Street and Stony Street which is the entrance to the St Catherine's area of Frome renowned for its independent shops, boutiques, cafes and bistros. There is plenty of pay and display car parking nearby and good communication links including a mainline rail station to London and easy access to Bath which is approximately thirteen miles.

Description:

This superb investment opportunity is currently producing fractionally under a 9% yield based upon an existing five-year commercial lease which commenced at the end of March 2025 with an annual rent of £13,200. The premises are let to a well-established local nail salon and the building is well-presented throughout. Having gas-fired central heating to radiators and a large, almost full-width shop window, there is a main retail space with two further areas which could be used as offices or ancillary space with a small kitchenette and WC to the rear and totalling approximately 475 sq feet (44.1 sq metres). The property is immediately available.

Accommodation: All dimensions being approximate.

Retail Area: 22'1" x 16'3" narrowing to 15'9" with a further retail/office space to the side measuring 8'0" x 5'7". Beyond this is a lobby area with additional office/retail space measuring 9'0" x 7'10" average. Beyond is a:

Kitchenette area: With a stainless steel single drainer sink, radiator and door to:

Cloakroom: With a white low level WC and washbasin.

Gas-fired central heating to radiators via an Alpha Combination boiler.

Note: The property is being sold subject to a five-year commercial lease which commenced on March 2025 and the tenant is paying £1,100 per month (£13,200 per annum). Further details are available through the selling agents.

Viewing by appointment through the selling agents McAllisters:

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

King Street, Frome, Somerset, BA11

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About McAllisters, Frome

13 Market Place, Frome, BA11 1AB
Industry affiliations:

We understand that moving home can be exciting but at the same time a little over whelming. Our team ensure that the whole process is seamless and we are with you every step of the way.

How do we do this?

We will give you a fair and honest valuation if selling and then we ALWAYS accompany the viewings so that we guarantee not only a safe environment but ascertain the viewers true feelings about the property. 

Once you are under offer we ensure that the finances are in place and that the buyers can afford the property. We do this by speaking to their financial advisor or, if there is no mortgage required we ask to see proof of funds.

Once we are satisfied, we then make sure solicitors are instructed and monitor the progress of your sale on a regular basis. We feel this is imperative as our work is not done until you have completed.

If you are buying we will assist you at every step if required and help you arrange surveyors, mortgages and solicitors. We then regularly monitor the progress of your purchase with solicitors and give you regular updates. This ensures that any problems can be detected early and dealt with.

Our level of service is totally bespoke to your requirements and our team ensure that at all times we assist you to the best of our ability.

Your mortgage

Per year
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Years
%
Monthly repayments
£715
We think you can borrow up to
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference FRM250126. 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 McAllisters, Frome. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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