3 East Quay, Bridgwater
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- Mixed-Use Investment Opportunity
- Ground Floor Retail Unit with Residential Upper Parts
- Ground Floor Let on 5 Year Lease Expiring 21.05.2030
- Vacant Three Bed Flat to Upper Parts
- Evident Asset Management Potential Via Letting
- ERV Approx. £24,000 per annum
- Attractive Riverside Pitch
- VAT-Free Investment
- ERV Reflects an Attractive 19.2% Gross Yield on Guide Price
Description
Arranged across basement, ground and two upper floors, the property comprises a ground floor retail unit with a three bedroom flat to the upper parts.
The ground floor is currently let to a Barbers on a new five year lease expiring 21.05.2030 at a rent of £8,400 per annum.
The upper parts comprise a three bedroom flat which is currently vacant. We consider the property therefore offers asset management potential via letting and consider that a rent in the order of £15,600 per annum (£1,300 pcm) may be achievable.
The property occupies an attractive pitch with views over the River Parrett. Fore Street, the prime pedestrianised retail pitch for Bridgwater is immediately opposite the property.
Brochures
3 East Quay, Bridgwater
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bridgwater Station0.4 miles
Notes
Disclaimer - Property reference 0A7C70EB-1E03-4419-AC64-CB6BFFE4E307. 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, Savills Auctions- Commercial. 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.