Cooper and Tanner 1908 Limited, Cooper and Tanner Commercial

10- 10d Farm Road, Street, BA16 0BJ

£385,000

Under offer

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Other
Other use(s)
High street retail, Other

No floor / site plan

Key features

  • Great Investment Opportunity
  • 3 x Commercial Retail Units
    2 x Residential flats
  • 8% Gross Yield
  • All Occupied
  • Close to Clarks Village - Outlet Shopping

Description

A mid-terrace mixed use investment property comprising of three ground floor lock up retail units with two flats over. The property is currently fully let generating a gross income of £32,880pa. Available at a guide price reflecting an 8.5% gross yield. No external garden or parking.

A mid-terrace mixed use investment property comprising of three ground floor lock up retail units with two flats over. The property is currently fully let generating a gross income of £31,080pa. Available at a guide price reflecting an 8% gross yield. No external garden or parking. Internal accommodation is arranged as follows:

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Occupying a strong secondary trading location within Street located off Farm Road, Street nearby Clarks Village.


10 - Ground floor retail unit. Retail area (26.50sqm). Kitchen and WC (3.74sqm). Occupied as a nail bar.
10A - Ground floor retail unit. Retail area (18.40sqm). Occupied as vape shop / office.
10B - Ground floor retail unit. Retail area (19.87sqm) including WC. Occupied as barber shop.
Communal ground floor entrance.
10C - Hallway. Bedroom (8.24sqm). Living Room (18.02sqm max.) with stairs. Kitchen (5.25sqm). Second floor landing. Bathroom (5.3sqm). Plus attic room.
10D - Entrance Hall. Living / Kitchen (17.26sqm). Bedroom (7.09sqm). Shower Room (3.73sqm). Attic room.


We understand that each of the parts are connected to separate utilities. Mains water and electricity. No tests have been carried out on any appliances or services at the premises and neither the vendors nor their agents give any warranty as to their condition. All fixtures, fittings and trading equipment are specifically excluded unless mentioned in these particulars.

Strictly by prior appointment with the selling agent., Cooper and Tanner . We request that at least 24 hour notice is provided in advance of your intended viewing date to allow time to notify the tenants.

We understand the property is not elected for VAT.

Rateable Value / Council Tax
10 - Ratable Value £7,8000
10A - Ratable Value £5,400
10B - Rateable Value £5,300
10C - Council Tax Band A
10 D - Council Tax Band A

Planning
Interested parties should rely on their own enquiries in respect of any planning history, opportunities and existing consented uses and works with the local planning authority.

Energy Performance Certificate
10 - EPC/C
10A - EPC/D
10B - EPC/E
10C - EPC/E
10 D - EPC/D
Full copies available on request.

10 £580pcm - Commercial occupier
10A £480pcm - Commercial occupier
10B £480pcm - Commercial occupier
10C £550pcm - Periodic assured shorthold tenancy
10D £550pcm - Periodic assured shorthold tenancy

Total £2,590pcm / £31,080pa

Available Freehold, subject to and with the benefit of the current occupation. Copies the occupational information is available following a viewing at the discretion of the Vendor.

Great Investment Opportunity

3 x Commercial Retail Units
2 x Residential flats

8% Gross Yield

All Occupied

Close to Clarks Village - Outlet Shopping
Cooper and Tanner 1908 Limited, Cooper and Tanner Commercial

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Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

10- 10d Farm Road, Street, BA16 0BJ

NEAREST STATIONS

National Rail

Castle Cary Station

9.59 miles

About Cooper and Tanner 1908 Limited, Cooper and Tanner Commercial

Cooper and Tanner 1908 Limited, Cooper and Tanner Commercial

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.

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Disclaimer - Property reference 33096FH. 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 1908 Limited, 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.