- Detached freehold investment property
- Potential yield of 6.9% p.a
- Convenient level location
- Close to village centre
- Ground floor commercial premises
- Three 1 bedroom flats
- One 2 bedroom flat
- Off road parking
- Coast 2 miles
- County Town Taunton 16 miles
House for sale in Taunton
Detached freehold investment property
Potential yield of 6.9% p.a
Convenient level location
Close to village centre
Ground floor commercial premises
Three 1 bedroom flats
One 2 bedroom flat
Off road parking
Coast 2 miles
County Town Taunton 16 miles
The stone built three storey detached building is divided into four self-contained 1 and 2 bedroom flats together with aground floor commercial premises. There is off road parking at the rear of the building and it is conveniently located on the level within walking distance of the local shops and amenities.
The ground floor has an area of approximately 1200 sq. ft. and is let on a 6 year lease producing £9600 per annum. Two of the flats are currently let on short hold tenancies producing £10,500 per annum whilst there are two further flats available with a potential income of £14,460 per annum.
EPCs
Commercial – TBC
Flat 1 32 Long Street – D
Flat 2 32 Long Street – E
Flat 1 34 Long Street – TBC
Flat 2 34 Long Street – TBC
Tenancies
Commercial element let on a 6 year lease at £9,600 per annum
Flat 1 32 Long Street (1 bed) let on an assured shorthold tenancy at a rent of £450 pcm
Flat 2 32 Long Street (1 bed) let on an assured shorthold tenancy at a rent of £425 pcm
Flat 1 34 Long Street (2 bed) currently vacant. £775 pcm
Flat 2 34 Long Street (1 bed) currently vacant. £430 pcm
SERVICES
Mains water, drainage and electricity.
TENURE
Freehold
From Minehead proceed towards Williton on the A39 passing through the villages of Carhampton, Bilbrook and Washford. On entering the village of Williton, turn left at the mini-roundabout towards Bridgwater following the road around to the right and into Long Street. Proceed for a couple of hundred yards where the property will be found on the right hand side.
Important Information
- This is a Freehold property.
Property Ref: 55935_MIN250028
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