£230,000
Property for saleYeovil, Somerset BA20
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About this property
Attractive freeholdinvestment property opportunity, occupying edge of yeovil town centre tradingposition, surrounded by other businesses to include catering establishmentscreating a coffee culture feel, close main shopping area with nationalretailers, and the famous St John the Baptist church. Fronting pedestrianthoroughfare linking the town centre with the hospital, ensuring the arearemains a popular place to trade and live. Benefiting from free restricted stayon street car parking adjacent and shopper’s car parks close by, and otherresidential areas only a short walk away.
Comprising aneye-catching terraced property, particularly well maintained and presented to ahigh standard, with no major expenditure considered necessary. Offering groundfloor commercial premises currently trading as an aesthetics and beauty clinicoffering several treatment rooms, together with kitchen, cloakroom facilities, and enclosed rear yard. Were previously 2 properties/shops and could again besplit at a future date. A lovely light and airy self-contained flat can befound at first floor level comprising kitchen/breakfast room, sitting room, 2double bedrooms and bathroom.
Property under currentownership nearly 20 years, very well managed with all legislation met andcertificates held. Commercial premises let on 7 year Lease which commenced in2023, the existing tenant having renewed their lease, current rental £12,000 perannum, tenants benefiting from 100% business rate relief. Flat always letseparately on an Assured Short Tenancy Agreement, with a rental income of £825per month currently achieved equating to £9,900 per annum. Total combinedrental income equates to £21,900 per annum representing a yield just short of10%.
Freehold £230,000 Ref:INV37063X
Comprising aneye-catching terraced property, particularly well maintained and presented to ahigh standard, with no major expenditure considered necessary. Offering groundfloor commercial premises currently trading as an aesthetics and beauty clinicoffering several treatment rooms, together with kitchen, cloakroom facilities, and enclosed rear yard. Were previously 2 properties/shops and could again besplit at a future date. A lovely light and airy self-contained flat can befound at first floor level comprising kitchen/breakfast room, sitting room, 2double bedrooms and bathroom.
Property under currentownership nearly 20 years, very well managed with all legislation met andcertificates held. Commercial premises let on 7 year Lease which commenced in2023, the existing tenant having renewed their lease, current rental £12,000 perannum, tenants benefiting from 100% business rate relief. Flat always letseparately on an Assured Short Tenancy Agreement, with a rental income of £825per month currently achieved equating to £9,900 per annum. Total combinedrental income equates to £21,900 per annum representing a yield just short of10%.
Freehold £230,000 Ref:INV37063X
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