Guide price

£250,000

(£128.01/sq. ft)

Property for sale
26 & 26A Silver Street, Ilminster, Somerset TA19

    • 1,953 sq. ft

Just added
Available immediately
Freehold
Added on 02/11/2026

About this property

  • A mixed use investment close to the town centre.

  • Combined income of £21,720per annum, reflecting a gross yield of 8.69%.

  • Refurbished maisonette with a "C" energy performance rating.

  • Commercial area totalling an NIA of 54.16sq m / 584sq ft

  • Mainsonette totalling a gia of 127.26sq m / 1,369sq ft

A mixed-use investment comprising a ground floor commercial unit and self-contained maisonette above. The commercial accommodation is well presented and currently fitted as a beauty studio, while the separately accessed and refurbished maisonette benefits from a modern kitchen and updated finishes throughout. The property is situated close to the town centre.

The commercial property is let on a 6 year iri lease to include shop frontage, with the lease having commenced on 01/12/2024 and ends on 31/12/2030. The lease provides for a a break clause and a rent review on the fourth anniversary of the term. The residential maisonette was let on the 16th October 2026 on a periodic tenancy at a rent or £1,150 per calendar month.

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Monthly repayment

£1,250 per month

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