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Investment

Investment For Sale Yeovil

PROPERTY ID: 133714

PROPERTY TYPE

Investment

STATUS

Available

SIZE

3,436 sq.ft

Key Features

Prime retail investment for sale
Good size open plan sales area
Storage and staff facilities
Situated within the main shopping street within the town
Other occupiers include Vision Express, Primark, Costa and Timpson
We are instructed to seek offers in the region of £750,000 reflecting a NIY of 8.87% assuming 3.18% purchasers costs.

Property Details

The property is located in Yeovil Somerset near the boarder with Dorset. It has a population of 49,698 as of the 2021 census. The town is known for its contributions to the aircraft and defence industries and these remain major employers today. The town benefits from several open spaces including Yeovil Country Park which features Ninesprings, a popular area for walking and outdoor activities. The property is situated in a prime position on Middle Street which is Yeovil's main shopping street in the town. In recent years the street has undergone serval improvements to enhance the shopping experience, including widened footways, raised seating planters and improved street lighting. Other occupiers on the street include Vision Express, Primark, Costa and Timpson along with a number of local and regional occupiers on the street.

The Property Consists Of Two Prime Retail Units Currently Let To Weldmar Hospice Limited (no 15) And Coffee One (no 17). Both Properties Benefit From A Good Size Open Plan Sales Area With Storage And Staff Facilities To The Rear. No 17 Has A Small Yard To The Rear Currently Utilized For Storage. Location The Property Is Located In Yeovil Somerset Near The Boarder With Dorset. It Has A Population Of 49,698 As Of The 2021 Census. The Town Is Known For Its Contributions To The Aircraft And Defence Industries And These Remain Major Employers Today. The Town Benefits From Several Open Spaces Including Yeovil Country Park Which Features Ninesprings, A Popular Area For Walking And Outdoor Activities. The Property Is Situated In A Prime Position On Middle Street Which Is Yeovil's Main Shopping Street In The Town. In Recent Years The Street Has Undergone Serval Improvements To Enhance The Shopping Experience, Including Widened Footways, Raised Seating Planters And Improved Street Lighting. Other Occupiers On The Street Include Vision Express, Primark, Costa And Timpson Along With A Number Of Local And Regional Occupiers On The Street. Accommodation All Areas Are Approximate And Measured In Accordance With The Rics Property Measurement (2nd Edition) On A Net / Gross Internal Basis. Number 15: Ground Floor 1,277 Sq Ft (118.63 Sq M) Number 17: Ground Floor 2,159 Sq Ft (200.54 Sq M) Rent / Price Oiro £750,000 The Vendor Intends To Sell The Upper Parts Separately. Services We Understand That Mains Electricity, 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 Awaited. Legal Fees Each Party To Be Responsible For Their Own Legal Fees In Relation To This Transaction. Vat The Property Has Not Been Elected For Vat And Therefore Vat Will Not Be Charged On The Price.

About the Agent

Investment Unit

£750,000 Freehold

15- 17 Middle Street, Yeovil, BA20 1LF
Investment - Available
3,436 sq ft
319 sqm
Show phone number

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