Shop and Three Bedroom Maisonette For Sale in Wellington, Somerset

This property is marketed by:
Greenslade Taylor Hunt

Ground floor retail premises with three bedroom maisonette in Wellington, Somerset For Sale £250,000

Key Features

• Located in the town centre.
• Ground floor retail premises with three bedroom maisonette on upper floors.
• Current income of £20,940 per annum.
• Reflects a 8.37% gross yield.

Description

A town centre mixed-use investment comprising of a ground floor retail premises and a three bedroom maisonette on the upper floors. The retail premises provides retail sales fronting South Street, with a kitchen and WC facility to the rear. There is also a basement store. The maisonette which is accessed via the rear of the building comprises kitchen, living room and bathroom at first floor level, with three bedrooms on the second floor.

Location

The property prominently fronts South Street. A wide range of shops, restaurants, bars and cafes trade nearby, as do many other businesses within what is a busy town centre. Wellington, with a growing resident population of 12,000, is situated close to Junction 26 of the M5 motorway, whilst the county town of Taunton is 7 miles to the East. The town continues to see notable expansion with both commercial and residential development projects increasing the demand for amenities in the town centre.