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Mixed use investment for sale in Bridgwater

St. Mary Street, Bridgwater, Somerset, TA6 3LY
For sale
£425,000
greenslade-taylor-hunt
This property is marketed by:
Greenslade Taylor Hunt

Key features:

  • Town centre shop with four flats above
  • Shop is currently used as a restaurant and bar
  • Gross income of £33,792 per annum
  • Gross internal floor area of 2,403 sq ft
  • Freehold from £425,000.

Location

The property is located on St Mary Street, opposite St Mary’s Church, and is only a short walk from Bridgwater’s main shopping area Cornhill and the High Street.

Bridgwater, with a population of 41,000, is a market town located 9 miles north east of Taunton and 40 miles south of Bristol. The town benefits from access to both Junctions 23 and 24 of the M5 motorway and has attracted substantial residential and commercial development in recent years, with Hinkley Point C creating further opportunities in both sectors.

Description

A large double fronted building constructed of brick elevations with UPVC double glazed windows under a Roman tiled roof. The property has recently undergone works to the roof, which are guaranteed, with a new boiler having been fitted in the shop.

The building comprises a well-proportioned retail unit on the ground floor and four 1 bedroom flats with a communal laundry room, spread over the first and second floors. The shop contains a sales area, which is currently used as a bar and restaurant with a office and kitchen to the rear.

The shop benefits from a suspended ceiling with inset spotlights, gas central heating and a large timber framed shop front.

The flats are accessed to the rear of the building up an external staircase. There are two flats on each floor with the laundry room located on the first floor. Each flat consists of a living room, kitchen and a shower room.