Bridgewater retail shop & flats – with planning permission for 5 flats (3 x 2 bed & 2 x 1 bed)

37 - 41 Monmouth street, Bridgwater, Somerset, TA6 5EH

£750,000 Retail + flats
  • Area size: 3089 sq ft
  • Type: Retail + flats

 

LOCATION
The premises are located on the busy Monmouth Street, close to the town centre and Sainsburys supermarket. With constant passing traffic and good footfall to and from the town centre.
Increasing investment to Bridgwater includes the new power station Hinckley Point, which will bring in many outside workers during the long term build.

DESCRIPTION

Retail Store With Planning Permission
The property comprises of a stand alone commercial premises providing one large ground floor sales area with substantial shop frontage to Monmouth Street. There is a suspended ceiling, some internal storage area and staff toilet.The approved planning permission is for 5 flats (3 x 2 bed & 2 x 1 bed).

Residential flats
There is an annual income of £24,400 from five very large, self contained and modern flats. All are metered separately and tenants pay their own bills. These flats are a mix of:
2 x large two bed flat
3 x large one bed flats.

The premises benefit from the following:

  • Highly prominent position
  • Excellent frontages
  • Income Producing from flats
  • Suitable for a Variety of uses, subject to planning

AREA AND DIMENSIONS
All areas are approximate and interested parties are advised to verify measurements themselves,

Description sq m sq ft
Retail Sales Area 287 3,089
Total 287 3,089

TENURE

Options on the building are either Freehold on whole building, retail store can be purchased seperately or residential premesis can be purchased seperately. The freehold interest for the entire property (retail with planning permission and current residential) is offers in the region of £750,000
Shop rent only £30,000 P/A

Legal Costs
Each party to be responsible for their own legal costs incurred in an outright purchase transaction of the entire building. If split into a long term leasehold sale the costs are to be covered by the purchaser

Rates
The rateable value for the retail shop is £12,750. Rates payable £5,520 P/A

VAT
There is no VAT on the purchase of this property

Further Information

Viewing by appointment only with MH Properties
Tel: 01793-388622
Mobile: 07831486927 or 07551005118
Email: mhpropertiesuk@yahoo.co.uk
website: www.mhproperties.uk

Swansea retail shop & flats

68-69 Woodfield Street, Swansea, West Glamorgan, SA6 8BQ

£375,000 Retail + flats
  • Area size: 3584 sq ft
  • Type: Retail + flats
  • number of flats: 4
  • Flat details: 1x 3 bedroom flat, 2x 2 bedroom flats, & 1x 1 bedroom flat

LOCATION

The premises are located on Woodfield Street. Morriston is a suburban shopping area approximately four miles North of Swansea city centre and one mile South of junction 45 of the M4 motorway.

Woodfield Street is a busy commercial thoroughfare attracting both national and local occupiers. Surrounding occupiers include Wilkinsons, Dominos, Spar, Subway, HSBC, Lloyds, and many more national and good local operators.

DESCRIPTION

Retail store
The property comprise a mid terrace commercial premises providing one large open plan ground floor sales area with substantial shop frontage to Woodfield Street and return to Martin Street. There is a suspended ceiling, central heating, staff toilet area leading to rear access.


Freehold on whole building Or retail store can be purchased on a long term leasehold Or residential can be purchased on a long term lease hold Prominent high street position Excellent tenanted rental income from 4 large flats producing £21,000 p/annum Retail shop available as freehold or lease

The premises benefit from the following:

Highly prominent position

Excellent frontages

Income Producing from flats when bought as a complete unit

Suitable for a Variety of uses, subject to planning

Residential flats
There is an annual income of £21,000 from 4 very large, self contained and modern flats. These flats are a mix of:
1 x large 3 bed flat
2 x large 2 bed flats
1 x large 1 bed flat.

AREA AND DIMENSIONS
All areas are approximate and interested parties are advised to verify measurements themselves.

Description sq m sq ft
Retail Sales Area 333 3,584
First Floor small bathroom
Total 333 3,584

TENURE
The freehold interest for the entire property (retail and residential) is offers in excess £375,000.
Shop only long term leasehold £225,000
Residential only long term leasehold £210,000
Or shop rent only is £30,000 p/a on a 5 year lease

Legal Costs
Each party to be responsible for their own legal costs incurred in an outright purchase transaction of the entire building. If split into a long term leasehold sale the costs are to be covered by the purchaser

Rates
The rateable value for the retail shop is £12,000. Rates payable £4,908

VAT
There is no VAT on the purchase of this property

Further Information

Viewing by appointment only with MH Properties
Tel: 01793-388622
Mobile: 07831486927 or 07551005118
Email: mhpropertiesuk@yahoo.co.uk
website: www.mhproperties.uk

Trowbridge Retail Shop & Flats – with Planning Permission for four additional flats

96 Frome Road, southwick, Southwick, Trowbridge, Wiltshire, BA14 9QW

£1,400,000 Retail + flats
  • Area size: 8583 sq ft
  • Type: Retail + flats
  • Total number of flats: 8
  • Bedrooms per flat: 1

LOCATION
This site is well located in Wiltshire, near the busy market town of Trowbridge and faces onto the busy A361, one of the main roads into Trowbridge.

DESCRIPTION
The property comprises of ~3500 sq/ft retail space (split into 4 units) and ~4500sq/ft residential rental space (across 8 flats). The front of the property is fully glazed giving tremendous visibility to/from the main road. The retail space benefits from central heating, kitchen area, and toilets. It comes with large, full width car parking for at least 30 cars covering an area of 7,511 sq/ft. Part of the retail space has permission to be used as a Food Outlet and has a fitted kitchen unit with serving hatch.

TENANTS
The rental flats compromise of eight self contained ONE bedroom flats, with gas/electric central heating and double glazing and are very well kept. They are all let on AST's. The tenants profiles is a mix of wage earning singles and couples. Residential rental space on first floor is ~4500 sq/ft.  

AREA AND DIMENSIONS
Retail 6260 sq/ft
Retail area Kitchen and toilets 150  sq/ft
Car parking 7511 sq/ft

TENURE
The property is available on a freehold basis with vacant possession.

COMPLETE SITE - OIRO £1,400,000

RETAIL AREAS ONLY - OIRO £300,000

CURRENT RESIDENTIAL ONLY - OIRO £1,100,000

CURRENT RESIDENTIAL RENT ACHIEVED Circa £63,840 P/A.


SHOP RENT CIRCA £80,000 P/A
Individually
Unit 1 - Retail Space (552 sq/ft) -  Rent £15,000 P/A
Unit 2 - Retail Space (624 sq/ft) - Rent £15,000 P/A
Unit 3 - (Food Outlet) - (900 sq/ft) - Rent £25,000 P/A
Unit 4 - (Far right) Retail/Showroom/Garage Space (1500 sq/ft) - Rent £25,000 P/A 

Viewing by appointment only with MH Properties
Tel: 01793-388622
Mobile: 07831486927 or 07551005118
Email: mhpropertiesuk@yahoo.co.uk
website: www.mhproperties.uk