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20 Queen Street, Wells, Somerset, BA5 2DP

£300,000

Business rates & charges may apply

Cooper and Tanner, Cooper and Tanner Commercial
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SECTOR

High street retail property for sale

Key features

  • Prominent investment opportunity
  • Situated where Priory Road, Queen Street and Broad Street meet.
  • Freehold sold subject to existing occupation

Description

A prominent investment opportunity comprising of two ground floor retail units and a two bedroom flat over currently all occupied by the same tenant.

Situated in a prominent position where Priory Road, Queen Street and Broad Street meet a level short walk to the main High Street.

A shared entrance doorway leads into either of the two retail units, currently interconnected and occupied as a toy shop and dry cleaners. The shared entrance also provides access to the first floor two bedroom, plus office, flat. Indicative floor layout overleaf.

There is an enclosed courtyard garden to the rear. No parking but nearby public car parking.

Freehold is being sold subject to existing occupation under a lease to private individuals beginning 1st April 2017, expiry 31st March 2027. Rent reviews 3 yearly. Passing rent £21,453.36. The tenants occupy the flat and run the two trading businesses on the ground floor. The trading businesses are unaffected.


Location - What3Words: ///playful.searched.contracts
Located within the centre of the city of Wells. Situated at the junction of Priory Road and Queen Street and a short distance from the principal High Street and nearby public car parking.


EPC Rating: Band C/65. Area 277sqm. Certificate number 1258-2754-2364-1731-8022

Services: We understand the property benefits from connection to mains electricity, water and drainage. Services and appliances not tested.

All enquiries regarding viewings via the selling agents.

VAT: We understand that the property is not currently elected for VAT.

Prominent investment opportunity

Situated where Priory Road, Queen Street and Broad Street meet.

Freehold sold subject to existing occupation

Energy Performance Certificates

Photo 4

Brochures

20 Queen Street, Wells, Somerset, BA5 2DP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Castle Cary Station9.2 miles

About Cooper and Tanner, Cooper and Tanner Commercial

41 High Street, Glastonbury, BA6 9DS

With nine offices through North and South Somerset, extending into Bath and West Wiltshire, Cooper & Tanner are well placed to deal with a wide selection of Commercial properties throughout the South West region.

From shops and offices, industrial land and premises, investments, development opportunities or commercial management, we are able to provide a professional and effective approach tailored to suit your individual requirements.

As Chartered Surveyors, our team of experienced Surveyors, gives you unrivalled access to a range of professional services including Valuations for most RICS Red Book purposes, Building Surveys, Schedules of Dilapidations and Inventories. Whether a landlord or tenant, Cooper & Tanner can offer expert guidance on most tenancy matters including Rent Reviews and Lease Renewals.

For further information about how Cooper & Tanner can be of assistance to you, contact us by telephone or email.

Our list of available properties throughout our region, is regularly updated. When calling, ask for a copy to be sent to you.

Notes

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Disclaimer - Property reference 33145FH. 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 Cooper and Tanner, Cooper and Tanner 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.

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