Retail premises for sale in Eastover, Bridgwater TA6

Full details will be available very shortly - brief summary as follows:-

Freehold

Mixed-Use

Part-let investment with potential to increase passing rent by re-letting the ground floor retail unit

Ground Floor Retail Unit - will be sold with full vacant possession

2 x self-contained flats on the upper floors both let producing circa £15,540 per annum gross rent

Great potential for investors and owner-occupiers

Accommodation (areas to be verified by all interested parties so not to be relied upon) :-
Retail Area 79.66 m2
Kitchen 4.12 m2
Store 6.77 m2
Total gf area c. 1,100 sqft

Living Accommodation - 2 x Flats self-contained:-

Ground Floor
Shared Entrance Lobby with stairs rising to:-
First Floor Landing

Flat One - currently let at £500 pcm
Inner Hall with airing cupboard
Bathroom
Living Room c. 5.24 m x 3.23 m with additional area c. 1.13 m x 1.85 m
Kitchen 3.96 m x 2.96 m
Bedroom One 3.18 m x 5.25 m

Second Floor
Landing and access to:-
Flat Two - currently let at £795 pcm (recently been fully refurbished)
Hall
Kitchen 3.99 m x 4.07 m.
Bathroom
Bedroom One 5.11 m (max) x 3.52 m (max)
Living Room 4.17 m (max) x 5.22 m (max)

In our opinion, there is potential to increase the overall passing rent to circa £28,500 - £30,000 pax, once the ground floor retail unit has been let, with further potential to increase the first floor flat rental in the future.

Seeking offers in the region of £335,000 for the freehold interest subject to the two existing residential tenancies.