Skip to content

2-4 North Street, Taunton, Somerset, TA1 1LH

From
£800,000

£777.45 per sq ft

Business rates & charges may apply

Greenslade Taylor Hunt, Taunton
SIZE AVAILABLE

1,029-4,179 sq ft

96-388 sq m

SECTOR

Commercial property for sale

Key features

  • Prime retail investment in the heart of Taunton's town centre.
  • A pair of let commercial properties spread over three floors.
  • 2 North Street is let to Lush Retail Limited totalling 1,029sq ft and 2-4 North Street is let to the British Heart Foundation totalling 3,150sq ft.
  • Combined income of £69,500per annum.
  • Available freehold subject to the existing leases at a guide price of £800,000, reflecting a gross yield of 8.69%.

Description

The sale consists of two independently accessed commercial properties, which may further be described as below:
2 North Street - The property comprises a mid-terraced building arranged over three floors, constructed with brick facing elevations and a glazed display frontage at ground floor level. The uppermost floor is held under the British Heart Foundation's lease, with the lease to Lush Retail Limited comprising the ground and first floors together with a small rear yard.

Internally, the property consists of a sales area, kitchen area in corridor, WC and stairs rising to the first floor; there is also a small enclosed rear yard. The first floor contains a storage area and office room at the front elevation with emergency escape route through the neighbouring property.

2-4 North Street - The property comprises a mid-terraced commercial building constructed of brick elevations, with the front elevation rendered. The ground floor benefits from an aluminum-framed display window incorporating a pedestrian entrance door. In addition, a secondary glazed aluminum door to the side elevation provides independent access to the upper floors.

Internally, the ground floor comprises a sales area with a rear store/office, which is separated from the sales area by stud partitioning. To the rear, there are two further blockwork stores and an accessible WC. A fire exit door provides access to the rear yard, which is utilized as a bin store. Access to the upper floors is available either directly from North Street via a separate side entrance or internally from the sales area.

The first floor comprises an open plan sorting room together with a staff kitchen, which has been partitioned using stud walls, and WC facilities. There is also a fire escape serving the adjoining property passing through at this level. Stairs continue to the second floor, which provides predominantly open plan storage accommodation together with a meeting room and a number of offices formed by internal partitioning, along with a further WC block.

Brochures

2-4 North Street, Taunton, Somerset, TA1 1LH

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Taunton Station0.5 miles

About Greenslade Taylor Hunt, Taunton

9 Hammet Street, Taunton, TA1 1RN

Commercial Agents: Sales and Lettings Services in Somerset, Devon and Dorset

Greenslade Taylor Hunt are commercial agents providing specialist advice on all aspects of commercial, development and investment, including sales, acquisitions and lettings of commercial property. Our particular strength lies in our detailed market knowledge across Somerset, Devon and Dorset, combined with considerable experience and a personal, prompt and professional commercial agency service.

We offer a comprehensive commercial agency service whether marketing or buying commercial premises such as offices, shops, restaurants, industrial buildings, development land, hotels and licensed premises. Our complementary Residential, Agricultural and Development, Land & Planning divisions enable us to provide wider and more tailored specialist advice to meet the specific needs.

Our property auctioneering expertise gives clients an alternative option to private treaty sales. Auction marketing brings all the benefits of a sale by private treaty and open market competitive bidding together with the certainty of an exchange of contracts when the auctioneer’s hammer goes down. This often leads to a quicker sale and a higher price being achieved.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 2230FH. 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 Greenslade Taylor Hunt, Taunton. 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.