6 & 6a Bond Street, Yeovil Somerset, BA20 1PE Retail Investment ...
6 & 6a Bond Street, Yeovil Somerset, BA20 1PE
Retail Investment for Sale £250,000
• Prominent retail unit with good frontage onto Bond Street. • Ground floor lock-up shop premises with three bedroom apartment above. • Currently generating £19,200 per annum with excellent potential for growth, representing a gross initial yield of 7.68%
Location and Description
Tenure and Rental
The property is located in Bond Street within the town centre and is occupied by The Retreat Health and Beauty Salon. Nearby occupiers include Sports of Bond Street, The Co Operative Funeralcare and Boots. A number of short, medium and long stay public car parks are located nearby.
The investment is for sale at a guide price of £250,000 for the freehold interest representing a gross initial yield of 7.68%. The property is subject to a lease of the ground floor and basement premises on an internal repairing and insuring basis. The lease is dated 25th March 2012 ending on 25th March 2018 (3 years unexpired) at a passing rent of £12,000 per annum. The maisonette is subject to a tenancy agreement commencing 1st June 2016 ending 31st May 2017 at a passing rent of £7,200 per annum (payable monthly in advance).
Above the retail premises is a three bedroom maisonette currently let on an assured shorthold tenancy. Yeovil is the principle commercial centre for South Somerset and West Dorset and is home to a wide variety of businesses such as restaurants, cafes and bars, alongside well established independent shops and boutiques.
Accommodation All measurements approximate. Retail Unit:Frontage Depth
3.89m (12’9”) 12.70m (41’8”)
Kitchen/w.c. 1.61m x 4.97m (5’3” x 16’3”) Basement/ Store
Finance Act 1989 Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T). Any intending purchasers or lessees should satisfy themselves independently as to VAT in respect of any transaction.
Viewing Strictly by appointment through the sole Agents.
Contact Info:
Ryan Holmes
3.30m x 4.63m (10’10” x 15’2”)
Maisonette:Living Room 5.1m x 3.3m Kitchen 3.1m x 2.4m Shower room 1.8m x 2.3m Bedroom 1 5.1m x 3.3m Bedroom 2 5.1m x 3.2m Bedroom 3 2.5m x 4.7m
Humberts 16b Hendford Yeovil Somerset BA20 1TE
01935 552 121
[email protected]
Energy Performance Certificate The flat has an energy rating of F Retail premises G
File No CYEO/A/003 Humberts, for themselves and for the vendor of this property, or as the case may be, lessor whose agents they are, give notice that:i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair description but do not constitute part of an offer or contract. Any information given should not be relied on as statement or representation of fact or that the property or its services are in good condition. ii) Humberts have not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser is responsible for making his or her own enquiries in this regard. iii) Neither Humberts nor any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate only. Any plans are for identification purposes only. v) Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser must verify these matters. An occupier should not rely upon the Use stated in these particulars and should check their proposed use with the relevant Planning Authority to ensure it is permitted. Please note ‘Humberts’ is the trading name of Humberts Limited. Information is also available on www.egpropertylink.com © Copyright Humberts 2014 | Registered office Humberts Ltd 3rd Floor Connaught House, 1-3 Mount Street, London W1K 3NB | Registered Company Number 06522558
humberts.com
Retail Investment for Sale £250,000
• Prominent retail unit with good frontage onto Bond Street. • Ground floor lock-up shop premises with three bedroom apartment above. • Currently generating £19,200 per annum with excellent potential for growth, representing a gross initial yield of 7.68%
Location and Description
Tenure and Rental
The property is located in Bond Street within the town centre and is occupied by The Retreat Health and Beauty Salon. Nearby occupiers include Sports of Bond Street, The Co Operative Funeralcare and Boots. A number of short, medium and long stay public car parks are located nearby.
The investment is for sale at a guide price of £250,000 for the freehold interest representing a gross initial yield of 7.68%. The property is subject to a lease of the ground floor and basement premises on an internal repairing and insuring basis. The lease is dated 25th March 2012 ending on 25th March 2018 (3 years unexpired) at a passing rent of £12,000 per annum. The maisonette is subject to a tenancy agreement commencing 1st June 2016 ending 31st May 2017 at a passing rent of £7,200 per annum (payable monthly in advance).
Above the retail premises is a three bedroom maisonette currently let on an assured shorthold tenancy. Yeovil is the principle commercial centre for South Somerset and West Dorset and is home to a wide variety of businesses such as restaurants, cafes and bars, alongside well established independent shops and boutiques.
Accommodation All measurements approximate. Retail Unit:Frontage Depth
3.89m (12’9”) 12.70m (41’8”)
Kitchen/w.c. 1.61m x 4.97m (5’3” x 16’3”) Basement/ Store
Finance Act 1989 Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T). Any intending purchasers or lessees should satisfy themselves independently as to VAT in respect of any transaction.
Viewing Strictly by appointment through the sole Agents.
Contact Info:
Ryan Holmes
3.30m x 4.63m (10’10” x 15’2”)
Maisonette:Living Room 5.1m x 3.3m Kitchen 3.1m x 2.4m Shower room 1.8m x 2.3m Bedroom 1 5.1m x 3.3m Bedroom 2 5.1m x 3.2m Bedroom 3 2.5m x 4.7m
Humberts 16b Hendford Yeovil Somerset BA20 1TE
01935 552 121
[email protected]
Energy Performance Certificate The flat has an energy rating of F Retail premises G
File No CYEO/A/003 Humberts, for themselves and for the vendor of this property, or as the case may be, lessor whose agents they are, give notice that:i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair description but do not constitute part of an offer or contract. Any information given should not be relied on as statement or representation of fact or that the property or its services are in good condition. ii) Humberts have not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser is responsible for making his or her own enquiries in this regard. iii) Neither Humberts nor any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate only. Any plans are for identification purposes only. v) Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser must verify these matters. An occupier should not rely upon the Use stated in these particulars and should check their proposed use with the relevant Planning Authority to ensure it is permitted. Please note ‘Humberts’ is the trading name of Humberts Limited. Information is also available on www.egpropertylink.com © Copyright Humberts 2014 | Registered office Humberts Ltd 3rd Floor Connaught House, 1-3 Mount Street, London W1K 3NB | Registered Company Number 06522558
humberts.com
