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Mixed use investment property for sale in Wiveliscombe

London House, The Square, Wiveliscombe, Somerset, TA4 2JT
For sale
£120,000 Guide Price
greenslade-taylor-hunt
This property is marketed by:
Greenslade Taylor Hunt

Key Features

  • Two town centre shops with ten flats above.
  • Gross income of £9,450 per annum.
  • Freehold is available at £120,000.
  • Net yield of 7.76%.

Description

The property is a Grade II Listed, three-storey rendered building from the early 19th century, with a more modern extension along West Street. The building consists of two retail premises with shared an entrance at ground level, and ten separately accessed flats spread over the upper floors, all sold on a long leasehold basis. The flats are accessed to the rear of the building.

Unit 1, currently trading as a hair salon, comprises a sales area to the front, with staff area, kitchen and WC facilities to the rear.

Unit 2, currently trading as a podiatrists, comprises a sales area, with store and WC accommodation located to the rear.