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Retail/Shop

Retail/Shop For Sale Frome

PROPERTY ID: 113271

PROPERTY TYPE

Retail/Shop

STATUS

Check Availability

SIZE

1,001-1,202 sq.ft

Property Details

A Grade II Listed, mid-terrace and mixed-use property situated within the Market Place in the centre of Frome. The building is 3-storeys, plus a basement and attic space. Currently producing an income of £18,500 per annum, with potential to let or convert the upper parts.

Accommodation SQ M SQ FT
Ground Floor Sales 48.55 523
Basement Ancillary 51.83 558
Retail Net Internal Area 100.38 1,080
First Floor 37.97 409
Second Floor 34.20 368
Third Floor 20.80 224
Net Internal Area 92.97 1,001
Limited Use Area 18.72 202
IPMS 3 Area 111.69 1,202

The retail unit, over ground and basement floors, is subject to a lease in favour of Eyetech Opticians Limited (Co. No. 02180315) from 1st July 2022 – Term of 7 years, thus expiring 30th June 2029.
Full repairing and insuring equivalent basis, limited by way of a schedule of condition. Rent of £18,500 per annum, exclusive.
No provisions for break-clause or rent review. Inside the Act.
Upper parts used by a non-profit organisation on a short-term basis pending redevelopment – not currently income producing.

Grade II Listed (List Entry Number 1057777) and within the Frome Conservation Area. We understand the retail unit has consent for A1 retail uses. The property benefits from planning permission for conversion of the upper parts into one x 1-bedroom and one x 2-bedroom flat. Ref 2020/1870/FUL & 2020/1957-LBC. Interested parties should check planning documents at www.mendip.gov.uk  

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About the Agent

Cooper and Tanner

See Agent's Other Properties

Mixed Use building for sale

£325,000 Freehold

Frome, BA11 1AH
Retail/Shop - Check Availability
1,001-1,202 sq ft
93-112 sqm
Show phone number

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