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COMMERCIAL

26a, 26b & 27 Fore Street, Taunton TA1 1JQ

Guide Price
£1,650,000
Savills Auctions, London
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • To be offered on Wednesday 18 June
  • Prominent Freehold Retail Parade Investment
  • Well located in the town centre
  • Entirely let to three national tenants
  • Nearby occupiers include Lloyds Bank & River Island (both opposite), Costa Coffee (adjacent) and Fat Face amongst others
  • May provide long term redevelopment potential(2)
  • Six Week Completion Available
  • Total Current Rents £237,700 p.a. (reflecting 14.40% GIY)

Description

StrapLine

Auction Sale - 17/06/2025

A prominent town centre retail parade investment let to three national tenants and benefitting from future redevelopment potential. Total current rents £237,700 p.a. (reflecting 14.40% GIY)


Description

The property comprises three shop units at the ground floor with the upper floors providing office accommodation. At present, the property is configured as two self-contained ground floor shop untis with the third shop unit benefitting from the upper floors.


Location

Taunton, the county town of Somerset, is a major retail centre located 40 miles south-west of Bristol and 30 miles north-east of Exeter.

The property is situated on the west side of Fore Street, in the centre of the town, opposite its junction with Hammet Street.

Occupiers close by include Lloyds Bank & River Island (both opposite), Costa Coffee (adjacent), Fat Face, Caffe Nero and TK Maxx amongst others


Transport

Road - The A3038 provides access to the A38 and A358 which in turn links with the M5 motorway (J25) to the east of the town

Rail - Taunton Rail Station provides regular rail services to Exeter/Plymouth, Bristol and London



Tenancy

Please see the below schedule of accommodation and tenancies


Accommodation

26a Fore Street

Ground Floor - 156.5 sq m (1,684 sq ft)


26b Fore Street

Ground Floor - 134.5 sq m (1,448 sq ft)


27 Fore Street

Ground Floor - 276.3 sq m (2,974 sq ft)

First Floor offices - 460,8 sq m (4,960 sq ft)

Second Floor offices - - 531.0 sq m (5,761 sq ft)


Total - 1,599.1 sq m (16,782 sq ft)


Planning

(2)The upper parts of the building maybe suitable for residential conversion, subject to obtaining all necessary consents.

All enquiries in this regard should be referred to the local authority, Somerset Council.

Website: Somerset.gov.uk


26a, 26b & 27 Fore Street, Taunton TA1 1JQ

Approximate location

NEAREST STATIONS

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

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Disclaimer - Property reference 189-17015. 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 Savills Auctions, 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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