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
    04/Nov/2021
  • Vacant Possession
  • Status
    Sold
  • Price*
    £149,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • 20-22 & 22a High Street, Wellington, Somerset, TA21 8RA
  • Expand
  • Photos
  • Map

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

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.

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

FloorUseFloor Areas
(Approx)
TenantTermRent 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
INDIVIDUALS99 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 £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

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
George GoucherGeorge Goucher +44 (0)20 7034 4860 +44 (0)7513 610 710george.goucher@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

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