Self-contained two bedroom maisonette on first and second floors
Located on busy thoroughfare between Taunton Rail Station and the prime retailing pitch
Nearby occupiers include Pizza Express, a Morrisons Supermarket and JD Wetherspoon
Lot 57
Auction 14th February 2018
Rent £7,500 per Annum Exclusive
Status Sold
Price £150,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of a Major Fund Manager
Property Information
Location
Miles
31 miles north-east of Exeter, 43 miles south of Bristol
Roads
A38, A3027, M5 (Junction 25)
Rail
Taunton Rail
Air
Exeter Airport
Situation
Taunton is a popular county town in Somerset. The property is situated within the town centre, occupying a prominent position on Bridge Street, a busy thoroughfare between Taunton Railway Station to the north and the prime retailing pitch to the south. Nearby occupiers include Pizza Express, a Morrisons supermarket and JD Wetherspoon.
Tenure
Freehold.
Location
Miles
31 miles north-east of Exeter, 43 miles south of Bristol
Roads
A38, A3027, M5 (Junction 25)
Rail
Taunton Rail
Air
Exeter Airport
Situation
Taunton is a popular county town in Somerset. The property is situated within the town centre, occupying a prominent position on Bridge Street, a busy thoroughfare between Taunton Railway Station to the north and the prime retailing pitch to the south. Nearby occupiers include Pizza Express, a Morrisons supermarket and JD Wetherspoon.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit and a selfcontained two bedroom maisonette located on the first and second floors accessed via Bridge Street.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit and a selfcontained two bedroom maisonette located on the first and second floors accessed via Bridge Street.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
21
Ground
Retail
52.49 sq m
(565 sq ft)
INDIVIDUAL t/a FR Computers (1)
6 years from 24/11/2016 (2)
£7,500
24/11/2019 (23/11/2022)
21a
First & Second
Residential
Two Bedroom Maisonette
VACANT POSSESSION
Total Commercial Area:
52.49 sq m
(565 sq ft)
£7,500
(1) FR Computers are an experienced team who undertake same day and next day repairs for all kinds of computers and laptops across Taunton (Source: www.future-resources.co.uk 11/01/2017). (2) The lease provides a tenant option to determine on 24/11/2019.
