Retail Investment For Sale in Taunton, Somerset, TA1

This property is marketed by:
Greenslade Taylor Hunt

Key Features

• Prime town centre retail pitch.
• Nearby occupiers include Greggs, Fatface and White Stuff.
• Let to Cancer Research UK via a 10-year lease from 12th October 2027. They have advised that they intend vacating the premises at the end of the lease.

Description

The property comprises a rectangular shaped shop on the ground floor with rear storage and kitchen. A staircase accesses first floor ancillary accommodation whilst the property includes further accommodation at first and second floor levels that is demised to the tenant but not used.

Location

The property occupies a prominent position on the west side of North Street within Taunton’s town centre. Taunton, Somerset’s county town and principle retailing and administrative centre, is strategically located adjacent to Junction 25 of the M5 motorway benefitting from easy access to Bristol, Exeter and further afield. The town has good rail communications with the south of England and Midlands as well as regular mainline inter-city services to London Paddington within 1 hour 50 minutes. Taunton has a resident population of 110,200 (2011 Census) and a primary retail catchment of 338,000.