Description
A Grade II Listed building with commercial unit and two apartments above with parking.
Investment opportunity, commercial unit, two apartments, parking, central location, no onward chain, freehold, council tax A & B for flats.
Situation - Wellington is situated just off Junction 26 of the M5 Motorway and is an attractive Somerset town located between the River Tone and the Blackdown Hills currently with a population of some 14,000 which is anticipated to grow significantly in the years to come. There is a good range of shops, schools, businesses and sports centre. The town also acts as a dormitory town for Taunton and Exeter. This property is situated along Fore Street amongst a mixture of local shops and residential property.
Description - The property is an attractive Grade II Listed 3 storey property in central location.
It comprises a traditional commercial unit on the ground floor which is divided into various rooms and is currently let. Further information can be supplied upon request. There are two further apartments above, both currently let providing a good income, with separate access.
To the rear is parking for 6 cars and is accessed via South Street Car Park.
The property is being sold as a whole with the benefit of the Freehold unit and the potential purchasers taking on the existing tenancies.
Letting Information - The property is currently let and is sold as an investment opportunity. The current rents are as follows:
Commercial £12,000 PA.
10a Fore Street £690 per calendar month.
10b Fore Street £650 per calendar month.
Services - All mains services. Gas heating. This property has the benefit of ultrafast broadband(Ofcom). Mobile coverage likely inside & outside with EE, 02, Vodafone (Ofcom). Low Flood Risk (Gov.co.uk).
Vieiwngs - Strictly by appointment with the vendor's selling agents, Stags, Wellington Office.
Directions - From the centre of Wellington continue into Fore Street where the property will be found on the left hand side.
