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Investment For Sale, Glastonbury, Somerset

Investment in Glastonbury
Investment in Glastonbury
Investment in Glastonbury
Investment in Glastonbury

Property ID: 157724

£475,000 Freehold

14 Benedict Street, Glastonbury, Somerset, BA6 9EX

Type Investment
Status Available
Size 0 sq ft

Key Features

  • Mixed Use opportunity in the popular town of Glastonbury
  • Excellent Investment opportunity
  • Freehold property
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Description

Multi-let Mixed-use Freehold Investment Property Comprising A Large Ground Floor Commercial Unit (formerly A Long Established Flooring Shop), Three Flats, And A Garage With Off-road Parking. Estimated Gross Income Of Just Under £40,000 Per Annum.<br>
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This Mixed-use Freehold Investment Property Offers Substantial Accommodation, Comprising A Ground Floor Commercial Unit (formerly A Flooring Business) And Three Residential Flats, Two Of Which Is Currently Let Under A Tenancy Agreements. The Commercial Unit Is Generously Proportioned And Operated For Many Years As A Highly Successful, Family-run Carpet Business, Only Recently Closing Due To Retirement. The Property Further Benefits From Offroad Parking And A Highly Desirable Garage/store To The Rear. <br>
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Overall, The Property Presents An Excellent Investment Opportunity, With Potential For An Owner-occupier Or Redevelopment Into A Residential Or Holiday Let Scheme, Subject To The Necessary Consents. <br>
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Commercial Premises<br>
The Retail Area Is Well-proportioned And Arranged As Two Separate Shop/display Areas On The Ground Floor. There Is Also A Designated Office And A First-floor Kitchen/former Staff Room. <br>
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Residential Accommodation<br>
The Property Comprises Three Flats: One Ground Floor One-bedroom Property (14 Benedict Street) And Two First-floor Flats Accessed From The Rear, Known As<br>
Bancroft's Yard. The Largest Flat (flat 12-14 Benedict Street) Has Been Owner-occupied And Is Presented In Excellent Condition Throughout. The Well-designed Layout Includes A Spacious Lounge With Two Large South-facing Windows, Two Double Bedrooms, A Modern Family Bathroom, And A Well-equipped Kitchen.<br>
The Second, Smaller Flat (flat 2 Bancroft's Yard) Is Currently Let And Subject To An Ongoing Tenancy Agreement. The Ground Floor Flat (14 Benedict Street) Is Accessed From Benedict Street And Comprises An Open Plan Kitchen/living Area, A Double Bedroom, And Shower Room.<br>
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We Understand The Units Benefit From Connection To Mains Gas, Electricity, Water And Drainage. No Tests Have Been Carried Out On Any Appliances Or Services At The Premises And Neither The Vendors Nor Their Agents Give Any Warranty As To Their Condition.<br>
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By Appointment Only Through The Sole Agents Cooper And Tanner 1908 Limited - 03450 34 77 58<br>
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Freehold
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Property ID: 157724

Investment For Sale, Glastonbury, Somerset
£475,000 Freehold

14 Benedict Street, Glastonbury, Somerset, BA6 9EX

Investment · Available · 0 sq ft

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Cooper and Tanner
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