136/136A , High Street, Street, Somerset, BA16 0ER
- SIZE AVAILABLE
3,068 sq ft
285 sq m
- SECTOR
Commercial property for sale
Key features
- Prominent location fronting the High Street within the town centre.
- Fully let investment with long standing established tenants.
- Shop 2,252 sq ft. and first floor offices 816 sq ft.
- Ground floor let to St. Margaret's Somerset Hospice until 6th March 2029 and first floor to De Martin & Co. Ltd. until 27th August 2027.
- Rent £21,000 pa, rising to £21,500 pa from August 2025.
- St. Margaret's Somerset Hospice rent reflects £17.30 psf za. Rent review this year. De Martin & Co.'s rent based upon £9.50 psf on offices.
- First floor suitable for conversion to two bed flat.
- Guide price £235,000, reflecting a net initial yield of 8.8% after allowing for purchasers costs.
Description
We understand the first floor was originally used as residential accommodation and could readily be converted into a two bedroomed flat subject to any required consents.
Prominent location fronting the High Street within the town centre.
Fully let investment with long standing established tenants.
Shop 2,252 sq ft. and first floor offices 816 sq ft.
Ground floor let to St. Margaret's Somerset Hospice until 6th March 2029 and first floor to De Martin & Co. Ltd. until 27th August 2027.
Rent £21,000 pa, rising to £21,500 pa from August 2025.
St. Margaret's Somerset Hospice rent reflects £17.30 psf za. Rent review this year. De Martin & Co.'s rent based upon £9.50 psf on offices.
First floor suitable for conversion to two bed flat.
Guide price £235,000, reflecting a net initial yield of 8.8% after allowing for purchasers costs.
Brochures
136/136A , High Street, Street, Somerset, BA16 0ER
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Castle Cary Station9.7 miles
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.
W
Notes
Disclaimer - Property reference 1783FH. 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.
Map data ©OpenStreetMap contributors.