7 Sadler Street, Wells, Somerset, BA5 2RR
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Outstanding Mixed Use Property
- Investment Opportunity
- Recently refurbished maisonette
Description
The property presents an excellent investment opportunity generating income of £20,000 pa on the ground floor and potential Air BnB, letting or owner occupier maisonette in the heart of the historic city of Wells, fronting onto Sadler Street.
Ground Floor (subject to lease)
The ground floor is currently let to BDW's Bar & Grill, a popular local restaurant, with approximately three years remaining on the lease. Trading business unaffected. It comprises a welcoming dining area, bar, commercial kitchen, customer restrooms, and ancillary storage.
Maisonette (First and Second Floors - vacant)
The first floor features a recently renovated open plan living and dining area, separate kitchen is enhanced by an atrium style skylight. The refurbishment has been carried out with sensitivity to the building's character, preserving and highlighting features such as large sash windows and exposed original beams.
The top floor includes a spacious master double bedroom with en-suite shower room, further twin bedroom, and a generous family bathroom complete with a freestanding roll-top bath.
Sadler Street forms part of the main thoroughfare connecting the cathedral with the bustling Market Place and is surrounded by a mix of independent shops, cafes, and restaurants. Nearby destinations such as Glastonbury, Shepton Mallet, and the Mendip Hills are all within close reach, with the M5 motorway accessible via the A371 and A38 for connections to Bristol, Bath, and beyond.
W3W Location: ///televise.sunshine.beak
Interested parties must satisfy themselves regarding previous or future planning matters. Grade II* Listed and within the Conservation Area.
We are informed that the property is connected to mains electricity, gas, water and drainage.
By appointment only via Cooper & Tanner Commercial Department:
We are advised the property is NOT elected for VAT.
Freehold available, subject to and with the benefit of occupational lease. Let to BDW Ltd under lease date 10th December 2024, expiring 28th February 2029. There is a break option and RPI rent review August 2026. Contracted Out. Copy of lease available at Vendor discretion.
Outstanding Mixed Use Property
Investment Opportunity
Recently refurbished maisonette
7 Sadler Street, Wells, Somerset, BA5 2RR
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Castle Cary Station9.3 miles
Notes
Disclaimer - Property reference 33150FH. 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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