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Investment

Investment For Sale Taunton

PROPERTY ID: 124219

PROPERTY TYPE

Investment

STATUS

Available

SIZE

4,202 sq.ft

Key Features

Prime retail position within Minehead's town centre.
The property is producing a combined income of £46,000 per annum which is increasing to £47,000 per annum from 1st August 2024.
The building has planning permission to convert the coach house and vacant areas into three separate residential dwellings.
Freehold Guide Price: £625,000.

Property Details

Two Adjacent Buildings On The Parade Within Minehead's Town Centre To Include A Former Coach House Fronting Market House Lane At The Rear. The Retail Premises Are Arranged Over 3 Floors Plus Attic Areas. 3 & 5a The Parade Contains A Health Food Shop On The Ground Floor With A Café And Kitchens On The First Floor. Treatment Rooms & Stores Are Located On The Second Floor With The Attic Space Used For Storage. Ground Floor At 5 The Parade Contains A Business Called E-cig City Which Sells Electronic Vapes And Fluid. This Consists Of A Sales Area, Kitchen And Wc. The Other Areas Of The Building Are Currently Lying Vacant But Have Planning Permission To Convert Into Three Separate Dwellings. Prime Retail Position Within Minehead's Town Centre. The Property Is Producing A Combined Income Of £46,000 Per Annum Which Is Increasing To £47,000 Per Annum From 1st August 2024. The Building Has Planning Permission To Convert The Coach House And Vacant Areas Into Three Separate Residential Dwellings. Freehold Guide Price: £625,000.

About the Agent

Greenslade Taylor Hunt

See Agent's Other Properties

Investment Unit

£625,000 Freehold

3-5,The Parade, Taunton, TA24 5NL
Investment - Available
4,202 sq ft
390 sqm
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