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SOLD
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High Street, Yeovil, BA20 1RG

£190,000

  • Town centre retail investment
  • Property let on a 5 year lease from September 2016 at a rent of £15,000 per annum, exclusive
  • Asking price - £190,000 reflecting a net initial yield of 7.72% after allowing for usual acquisition costs
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Brief
A town centre retail investment comprising a lock up shop with ancillary basement, first and second floor accommodation.

Main
Location
The property is located in High Street in Yeovil town centre immediately adjacent to Lloyds TSB Bank Plc and opposite New Look and Superdrug. Yeovil is approximately 120 miles south west of London, 40 miles south of Bristol, 30 miles south east of Taunton and 45 miles north west of Poole. The town benefits from good road communications with the A303 providing access via the A358 to Taunton and the M5 motorway.

Area
116 m2 ( approx. 1,249 ft2 )

Note
The property is let to The Florence Leather Collection Limited (with a guarantor - Stephane Richet) on a 5 year full repairing and insuring lease from the 7th September 2016 at a rent of £15,000 per annum, exclusive.

Fixtures and Fittings
All fixtures and fittings are specifically excluded unless mentioned in these particulars. No tests have been carried out on any appliances or services at the premises and neither the owners nor their agents give any warranty as to their condition. Prospective occupiers should make their own investigations.

VAT
Any reference to price, premium or rent is deemed to be exclusive of VAT unless expressly stated otherwise. Any offers receive will be assumed to be net of VAT unless stated otherwise.

Energy Performance Certificate (EPC)
The EPC rating for this property is D (97).

Viewing Arrangements
t: 01935 432044 e: sales@rmwknight.com

Viewing
Please contact us on 01935 432044 if you wish to arrange a viewing appointment for this property, or require further information.

Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.


Disclaimer
RMW Knight endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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