Commercial property for sale in 26 The Triangle, Clevedon, Somerset BS21

Excellent opportunity to purchase a freehold Class E investment

Large ground floor unit with front and rear access

Prominent location on the B3133 in Clevedon, only 2 minutes from the M5.

Over 6 years unexpired term on a 9 year lease with fixed rental uplifts from £18,000 to £20,500 over the term.

Price: £240,000.

The property is prominently situated on The Triangle in Clevedon, which is considered to be one of the busiest and most popular retail pitches in Clevedon.
Positioned in the heart of the town centre, the property benefits from being in close proximity to a number major occupiers such as B & M, Coffee #1, Boots and successful local retailers trading in the vicinity. The property benefits from high pedestrian footfall as well as excellent road visibility as a result of being located on the B3133.

The property is currently configured as a large open plan sales area with a fully glazed shop front, two partitioned office rooms, and a kitchen and W/C facility to the rear. There is also a rear entrance. Both the front and rear shop windows have electronic roller shutter doors.
The first floor has been sold off on a Long Leasehold basis.

VAT will be applied at the standard rate where applicable.

Both parties to bear their own legal costs in the transaction.

An EPC is available for this property. Please contact the agent for further details.

The existing lease runs from 16th November 2021 until the 30th March 2030 on Effectively Full Repairing and Insuring terms. The passing rent is £18,000 p.a.x, rising to £18,500 from March 2024, £19,000 in March 2026, £19,500 in March 2027, £20,000 in March 2028 and £20,500 in March 2029.

A copy of the lease can be made available upon request.

Use Class E.

For Sale: £240,000