Benedict Street, Glastonbury, BA6
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
4
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Grade II listed
- Mixed used freehold investment opportunity
- Off road parking and large outside store to the rear
- Conveniently located just off Glastonbury High Street
- All properties have current EPC Ratings of C, including the retail unit.
- Sold with two tenants in situ and vacant possession on all other dwellings
Description
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 off-road 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.
Commercial Unit - Estimated annual income of £10,000 per Annum.
Flat 2 Bancroft’s Yard is currently let and subject to an ongoing tenancy agreement at £800 pcm.
Flat 1 Bancrofts Yard) is currently owner occupied. We believe the potential rental value to be £900 pcm.
Flat 14 Benedict Street is currently let and subject to an ongoing tenancy agreement at £500 pcm. However, we believe the current rental value to be approximately £700 pcm.
Total Estimated Gross Income: £38,800 per annum.
Business rates £9000 p/a (excluding deductions) has been agreed for 2026.
Flat 14 Benedict Street - Council Tax Band A
Flat 2 Bancrofts Yard - Council Tax Band A
Flat 1 Bancrofts Yard - Council Tax Band A
Freehold - Subject to existing occupancy
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
Description
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 off-road 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 comp...
Current and predicted gross incomes
Commercial Unit - Estimated annual income of £10,000 per Annum.
Flat 2 Bancroft’s Yard is currently let and subject to an ongoing tenancy agreement at £800 pcm.
Flat 1 Bancrofts Yard) is currently owner occupied. We believe the potential rental value to be £900 pcm.
Flat 14 Benedict Street is currently let and subject to an ongoing tenancy agreement at £500 pcm. However, we believe the current rental value to be approximately £700 pcm.
Total Estimated Gross Income: £38,800 per annum
Services
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.
Business Rates & Council Tax
Business rates £9000 p/a (excluding deductions) has been agreed for 2026.
Flat 14 Benedict Street - Council Tax Band A
Flat 2 Bancrofts Yard - Council Tax Band A
Flat 1 Bancrofts Yard - Council Tax Band A
Freehold - Subject to existing occupancy
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Benedict Street, Glastonbury, BA6
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Visit our security centre to find out moreDisclaimer - Property reference 29599972. 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, Glastonbury. 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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