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Investment

Investment For Sale Bridgwater

PROPERTY ID: 148242

PROPERTY TYPE

Investment

STATUS

Available

SIZE

4,191 sq.ft

Key Features

Mixed use office and residential investment
Attractive Grade II Listed buildings
Centrally located within an easy reach of the town centre
Well known mixed use area
Guide price £650,000 which reflects a NIY of £8.39% after purchasers costs of 5.18%
Fully let - income £57,380 pa

Property Details

Part of a small stand alone period terrace of Grade II listed buildings, Friarn Lawn fronts the main A39 Dual Carriage Way. Centrally located and easily accessible, the buildings also benefit from a dedicated private parking area. The terrace is within easy walking distance to both the main High Street and The Broadway where Morrisons and B&M outlets are located.

No 1 Friarn Lawn Comprises Of Commercial Office Suite On The Ground And Lower Ground Floors With A Self Contained Maisonette Above (1st & 2nd Floors). No 2 Friarn Lawn Comprises Of 4 Residential Flats.

There Is Dedicated Monitored Parking At The Front Of The Building.

Location

Part Of A Small Stand Alone Period Terrace Of Grade Ii Listed Buildings, Friarn Lawn Fronts The Main A39 Dual Carriage Way. Centrally Located And Easily Accessible, The Buildings Also Benefit From A Dedicated Private Parking Area. The Terrace Is Within Easy Walking Distance To Both The Main High Street And The Broadway Where Morrisons And B&m Outlets Are Located.

Accommodation

All Measurements Are Approximate And Are From Management Records.

Rent / Price

We Are Instructed To Seek Offers At A Guide Price Of £650,000 Which Reflects A Niy Of 8.39% After An Allowance For Purchaser's Costs Of 5.18%.

Business Rates

See Tenancy Schedule

Interested Parties Are Advised To Confirm The Rating Liability With Sedgemoor Council

Services

We Understand That Mains Electricity, Gas, 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

See Tenancy Schedule

Legal Fees

Each Party To Be Responsible For Their Own Legal Fees In Relation To This Transaction.

Vat

The Property Has Been Elected For Vat But This Will Only Apply To The Commercial Element. Interested Parties To Make Their Own Enquires Regarding Options Relating To Togc.

About the Agent

Investment Unit

£650,000 Freehold

1-2 Friarn Lawn, Bridgwater, TA6 3LL
Investment - Available
4,191 sq ft
389 sqm
Show phone number

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