Cooper and Tanner 1908 Limited, Cooper and Tanner Commercial

14 Benedict Street, Glastonbury, Somerset, BA6 9EX

£475,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Other

Key features

  • Mixed Use opportunity in the popular town of Glastonbury
  • Excellent Investment opportunity
  • Freehold property

Description

Multi-let mixed-use freehold investment property comprising a large ground floor commercial unit (formerly a long established flooring shop), three flats, and a garage with off-road parking. Estimated gross income of just under £40,000 per annum.

This mixed-use freehold investment property offers substantial accommodation, comprising a ground floor commercial unit (formerly a flooring business) and three residential flats, two of which is currently let under a tenancy agreements. The commercial unit is generously proportioned and operated for many years as a highly successful, family-run carpet business, only recently closing due to retirement. The property further benefits from offroad parking and a highly desirable garage/store to the rear.

Overall, the property presents an excellent investment opportunity, with potential for an owner-occupier or redevelopment into a residential or holiday let scheme, subject to the necessary consents.

Commercial Premises
The retail area is well-proportioned and arranged as two separate shop/display areas on the ground floor. There is also a designated office and a first-floor kitchen/former staff room.

Residential Accommodation
The property comprises three flats: one ground floor one-bedroom property (14 Benedict Street) and two first-floor flats accessed from the rear, known as
Bancroft's Yard. The largest flat (Flat 12-14 Benedict Street) has been owner-occupied and is presented in excellent condition throughout. The well-designed layout includes a spacious lounge with two large south-facing windows, two double bedrooms, a modern family bathroom, and a well-equipped kitchen.
The second, smaller flat (Flat 2 Bancroft's Yard) is currently let and subject to an ongoing tenancy agreement. The ground floor flat (14 Benedict Street) is accessed from Benedict Street and comprises an open plan kitchen/living area, a double bedroom, and shower room.


We understand the units benefit from connection to mains gas, electricity, water and drainage. 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.


By appointment only through the sole agents Cooper and Tanner 1908 Limited -

Freehold
Cooper and Tanner 1908 Limited, Cooper and Tanner Commercial

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Additional information
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Environmental data
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Brochure

14 Benedict Street, Glastonbury, Somerset, BA6 9EX

NEAREST STATIONS

National Rail

Castle Cary Station

9.09 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 33225FH. 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.