ADDRESS14, 15 and 16 Paul Street, 14 Paul Street, Taunton, Somerset, TA1 3PF
TYPEOffice, General Retail, Other, Offices, Retail, Other Property Types & Opportunities
TENUREUnder Offer, For Sale Freehold
POSTED ON10th June 2024
Description
The property comprises a 3 storey mixed use commercial and residential building with 3 self contained retail units; one currently used as offices, first floor offices and a well presented one bedroom flat on the second floor. Two of the shops have electric heating whilst the third shop/office, the first floor office and the flat have independent gas fired central heating.
Each area of occupation is independently metered for utilities with the exception of the ground floor shop/office of 16 Paul Street and flat which share the same electric (the flat has a sub-meter) and water meters.
Town centre mixed use fully let investment.
Popular trading pitch adjacent to car park.
Three retail units, first floor offices and a 1 bedroom flat.
Long established tenants.
Current income: £42,000 per annum.
Guide Price: £399,500 reflecting a net initial yield of 9.94% after purchasers costs. ( Agency Pilot Software ref: 1534 )
