1 Church Street, Wedmore, Somerset, BS28 4AB
£93.78 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,199 sq ft
297 sq m
- SECTOR
High street retail property for sale
Key features
- Highly prominent retail premises
- Approx. 3,199 sq ft (297 sq m)
- Located in the affluent village of Wedmore
- Significant redevelopment potential subject to planning
- Numerous quality local shops in the village
- Italianate Style building originally designed by John Tonkin
- A purchase at the Guide Price of £300,000 equates to a NIY of 5.60% (taking purchasers costs at 3.30%)
Description
On the first floor the property benefits from a large open plan storage space which leads to the second floor that is also utilised for storage accommodation. The property is currently occupied by Wedmore Pharmacy.
Location
The property is located in the affluent large village of Wedmore in the county of Somerset. The parish consists of three main villages: Wedmore, Blackford, and Theale with a population of circa 3,318. The village itself is located approx. 4 miles south of Cheddar, 7 miles west of Wells and 7 miles north west of Glastonbury.
The village benefits from medical and dental facilities, butchers, village store, three public houses and several other local shops that serve the local community.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
Ground Floor: 1,197 sq ft (111.20 sq m)
First Floor: 1,143 sq ft (106.16 sq m)
Second Floor: 860 sq ft (79.87 sq m)
Total: 3,199 sq ft (297 sq m)
Planning
The amended use classes would mean this property could be used for E class uses.
Rent / Price
The property is available at a Guide Price of £300,000 for the freehold. A purchase at this level equates to a NIY of 5.16% (taking purchasers costs at 3.30%).
Business Rates
From the Valuation Office Agency website ( we understand that the current Rateable Value is £21,250.00 therefore making the approximate Rates Payable £10,603.75 per annum for 2023/24.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
E (108)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.
Brochures
1 Church Street, Wedmore, Somerset, BS28 4AB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Highbridge & Burnham Station7.1 miles
Notes
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