20-22 & 22a High Street Wellington Somerset TA21 8RA

20-22 & 22a High Street
Wellington
Somerset
TA21 8RA

Freehold Town Centre Opportunity

  • Large Double fronted shop with ancillary accommodation on part first floor
  • Shop refurbished in 2020
  • Change of Use/Development opportunity of whole/part, subject to consents
  • Includes separately accessed flat let until 2088
  • Of interest to owner occupiers, investors and developers
  • Nearby occupiers include Waitrose, Asda Supermaket, JD Wetherspoon, Boots the Chemist and Co-op Food
  • VAT-Free Property
  • Lot
    32
  • Auction
    4th November 2021
  • Vacant Possession
  • Status
    Sold
  • Price
    £149,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Town Centre Opportunity

  • Large Double fronted shop with ancillary accommodation on part first floor
  • Shop refurbished in 2020
  • Change of Use/Development opportunity of whole/part, subject to consents
  • Includes separately accessed flat let until 2088
  • Of interest to owner occupiers, investors and developers
  • Nearby occupiers include Waitrose, Asda Supermaket, JD Wetherspoon, Boots the Chemist and Co-op Food
  • VAT-Free Property
  • Lot 32
  • Auction 4th November 2021
  • Vacant Possession
  • Status Sold
  • Price £149,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
6 miles south-west of Taunton
24 miles north-east of Exeter
50 miles south-west of Bristol
Roads
B3187, A38, M5 (Junction 26)
Rail
Air
Exeter Airport
Situation

The property is prominently situated in the heart of Wellington town centre in a prime retailing position on the east side of the busy High Street. Nearby occupiers include Waitrose, Asda Supermaket, JD Wetherspoon, Boots the Chemist and Co-op Food.

Tenure

Freehold.

Location
Miles
6 miles south-west of Taunton
24 miles north-east of Exeter
50 miles south-west of Bristol
Roads
B3187, A38, M5 (Junction 26)
Rail
Air
Exeter Airport
Situation

The property is prominently situated in the heart of Wellington town centre in a prime retailing position on the east side of the busy High Street. Nearby occupiers include Waitrose, Asda Supermaket, JD Wetherspoon, Boots the Chemist and Co-op Food.

Tenure

Freehold.

Description

The property comprises a large double fronted shop arranged on the ground and part first floor, with a separately accessed flat arranged on the part first and second floor, let on a long lease.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C. See legal pack.

Description

The property comprises a large double fronted shop arranged on the ground and part first floor, with a separately accessed flat arranged on the part first and second floor, let on a long lease.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C. See legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x
Ground
Part First
Retail
Ancillary
171.03 sq m
130.28 sq m
(1,841 sq ft)
(1,402 sq ft)
VACANT - -
Part
First/Second
Residential
Flat
INDIVIDUALS 99 years from
01/12/1989
£25
Total Commercial Area
301.31 sq m
(3,243 sq ft)
    £25

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Catalogue Page
    Updated Date
    15.10.21
    File Size
    696 KB
    View PDF
  • Site Plan
    Updated Date
    15.10.21
    File Size
    856 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate Auctioneers
Larkman Edgcumbe 1 Trident Mews, Lower Middle Street
Taunton
Somerset
TA1 1SL
Robert Larkman 01823 323523rwl@larkmanedgcumbe.co.uk
Seller's Solicitors
TLT LLP Bristol One Redcliff Street,
Bristol,
BS1 6TP
Madeleine Hodgkinson 0333 006 0127 Madeleine.hodgkinson@tltsolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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