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Ditton Street, Ilminster

Guide Price
£200,000

Business rates & charges may apply

Symonds & Sampson, Dorchester
SIZE

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SECTOR

2 bedroom mixed use property for sale

Key features

  • Freehold mixed-use investment opportunity
  • Two ground floor commercial areas
  • Spacious first floor residential apartment
  • Convenient location in town centre
  • Current tenants in situ in commercial units

Description

An investment opportunity right in the heart of the town centre, including commercial units on the ground floor and a spacious residential apartment above.

The Property - A substantial mixed-use property in the heart of Ilminster's pretty town centre comprising a ground floor commercial unit, stores and residential flat.

Residential Accommodation - A communal entrance lobby shared with the commercial unit on the ground floor leads to the front door for the residential apartment above. Stairs lead up to a well-proportioned apartment that has scope for a purchaser to put their own mark on the property. A light kitchen has a velux window for natural light and is fitted with with white units and black worktop incorporating space for a cooker. The bathroom is fitted with a white suite including bath with electric shower over. Both bedrooms are of a good size with the master over looking Ditton Street with generous double glazed windows to the south-west aspect. The sitting room has another large window, and there is scope to reconfigure the layout as you wish, with so much space on offer.

Commercial - The commercial elements of the property include a ground floor retail premises measuring approximately 36.8 sq m (396 sq ft) and ground floor stores measuring approximately 78.5 sq m (844 sq ft).

The retail unit, currently used as a hairdressers premises, comprises a sales area of approximately 28.00 sq m (301 sq ft) and a 9.26 sq m (99.6 sq ft) kitchen and w.c. The unit is finished to a good standard with a tiled floor, with tile and vinyl wall finishes, suspended ceiling system, ceiling mounted lights and a large glazed shop front.

The ground floor stores are let under a separate agreement and comprise three distinct areas. The front areas, measuring approximately 45.95 sq m (495 sq ft) have suspended ceiling systems, painted plaster wall finishes, a carpet floor finish and ceiling mounted lights. The rear stores, measuring approximately 30.06 sq m (323.56 sq ft) are finished to a more basic standard with painted block walls, a cement fibre roof with rooflights and a concrete floor.

Commercial Tenancies - The ground floor shop premises is let under a commercial lease dated 25th April 2024 for a four-year term from 25th January 2024, expiring on 24th January 2028. The rent currently payable is £6,000 per annum, with a further 20% contribution to the landlord’s costs in insuring the premises.

Business Rates for the hairdressers – RV is £5,300 (Small business rates relief may apply)


The storage accommodation is let under a separate Tenancy at Will dated 1st July 2004 at a rent of £250 per quarter, inclusive of insurance costs but excluding the usual outgoings, such as utility costs and business rates.

Situation - Ilminster is one of South-Somerset’s prettiest market towns and everything needed for day to day living is on the doorstep. There is a wide variety of independent stores centred on the market square and 15th century Minster Church. The town is well served by a modern health centre, a dental surgery, two schools, a Tesco store and town centre Co-op / Peacocks store, hairdressers, cafes, pubs and takeaways. The nearest mainline station is 10 minutes away in Crewkerne (London Waterloo-Exeter). Taunton Station serves Bath, Bristol and London Paddington. Within a 30-minute drive lies the Jurassic Coast World Heritage site and the famous seaside town of Lyme Regis. Herne View Primary school is based over two sites in the town and caters for children from 4-11 although there are also good nurseries and pre-schools within easy reach. The town centre also provides easy access to the Dillington estate permitted pathways and Sustrans cycle route 33, meaning you can be in the open countryside within a few minutes walk.

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Services - Mains water, drainage and electricity are connected.

Residential flat - Electric heating via Night Storage heaters.

Ultrafast broadband is available. There is mobile coverage in the area, please refer to Ofcom's website for more details.

Material Information - SOMERSET COUNCIL TAX BAND - A (Residential flat at 7 Ditton Street)

Flooding - the Government's flood risk assessment at gives the flood risk of the land around a building not the building itself. We understand the commercial unit on the ground floor suffered flooding in January 2025.

Please note, the floorplans were provided by an external company and have not been separately verified by Symonds and Sampson.

Energy Performance Certificates

EPC 1.jpgEPC 2.jpg

Brochures

Ditton Street, Ilminster

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Crewkerne Station6.9 miles

About Symonds & Sampson, Dorchester

Burraton House, 5 Burraton Square, Poundbury, Dorset, DT1 3GR
Industry affiliations:Industry affiliation logo 0

Commercial Property Agents You Can Trust - Sales

Symonds & Sampson’s commercial agents are experienced in handling the sale and letting of many types of commercial property, including retail, leisure, industrial and office sectors, as well as management of residential and mixed-use blocks and estates.

Experienced agents and surveyors can guide on all aspects of commercial property, including

• Agency

• Planning

• Valuation

• Landlord and tenant matters

• Property management

• Survey and design

Our focus is on our client and providing honest, reliable and commercially minded advice which maximises the value of our client’s asset whilst protecting their position. With an interest in ensuring our community thrives, we work closely with our clients to maximise opportunities and develop working relationships between occupiers, landlords and tenants.

Furthermore, as a multidisciplinary firm, we can leverage the extensive knowledge of our Estate Agents and our in-house valuers, surveyors, and planners to provide the advice and support you need for buying, selling, or managing your residential, rural, and commercial properties.

We look forward to helping you.

Notes

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Disclaimer - Property reference 34272841. 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 Symonds & Sampson, Dorchester. 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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