Prime Retail Investment Property For Sale in Minehead, TA24

This property is marketed by:
Greenslade Taylor Hunt

Key Features

• Three town centre retail investments.
• 40B Freehold, 40C & 40D Long Leasehold.
• Current income: 40B £4,740 pa, 40C £7,000 pa, 40D £9,000 pa
• Available to buy subject to the occupational leases.

40D is a ground floor retail premises currently trading as a clothing store and comprises a large sales area with a kitchen and store to the rear. The shop is connected to mains electricity, water and drainage.

Location

The property is located within the central part of the coastal town of Minehead, having frontage onto The Avenue, which is the principle commercial retail pitch in the town. Minehead is home to the West Somerset Steam Railway which is a popular tourist attraction within West Somerset and is an ideal base to explore Exmoor National Park, an Area of Outstanding Natural Beauty. The town is situated on the West Somerset coastline. The county town of Taunton is 25 miles away to the south east providing access onto Junction 25 of the M5 motorway with mainline rail services to London Paddington in under 2 hours.