Property description

• REDUCED BY £50,000 FOR A SWIFT SALE
  
• A prominent development of five retail units and five self contained flats
  
• 3 lock-up shops on Station Road * 2 lock-up shops on Blackhorse Lane
  
• 2 one bedroom flats * 2 two bedroom maisonettes * 1 three bedroom maisonette
  
• Excellent rental yield * well recommended by the sole agents
  

Property Reference BRS-129C19Y6

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The Property

This prominently positioned development consisting of five lock-up shops and five self contained flats stands close to the centre of Taunton and with a short distance of Taunton Borough Council, Morrisons Supermarket and Taunton Railway Station.
Briefly comprising three lock-up shops on Station Road, two lock-up shops to Blackhorse Lane and five mixed flats comprising two one bedroom flats, two two bedroom maisonettes and one three bedroom maisonette. There is a communal laundry area for the flats and a secure gated access with a door entry system.
The development generates an excellent rental yield and details can be obtained from the sole agents, Ware & Company.



The Location

This development faces onto Station Road and backs onto Blackhorse Lane which are both located close to Taunton Town Centre. Taunton Deane Borough Council Offices and Morrisons Supermarket are close by, as is Taunton Railway Station and the M5 Motorway at Junction 25.
The Taunton town centre is noted for its wide variety of shops, bars and restaurants, high street banks and recreational areas, whilst Hankridge Farm Retail Park situated near to the Motorway offers 'out of town' shopping including Currys, Costa, Sainsburys and Mothercare.



Ground Floor

4 STATION ROAD
Currently let to TRG Estate Agents on a nine year lease that commenced on 01/02/14 at £7,800 inclusive of VAT with a break clause on the 3rd and 6th anniversary.

Retail Area  (Dimensions : 32'1\" (9.78 M) x 12' (3.66 M) extending to 13'2\" (4.01 M))
With a central glazed door with display windows to eitherside, electrical points, telephone points and electrical panel heaters. A door leads through to the Store Room/Kitchen.

Store Room/Kitchen  (Dimensions : 13'2\" (4.01 M) x 12'9\" (3.89 M) max)
Offering a base cupboard unit with an inset stainless steel sink unit and drainer, electrical points, door to the rear and a door to the WC.

Separate WC
With a low level wc suite, wash hand basin with a tiled splashback and an extractor fan.

6 STATION ROAD
Currently let to 'The Barber Shop' on a six year lease that commenced 01/09/10 at £8,700 inclusive of VAT that had a break clause after the second anniversary.

Hair Salon
With a central glazed door and display windows to eitherside, electrical points, electric panel heaters and a door to the Store Room/Kitchen.

Store Room with Kitchette
With electrical points, base unit with sink unit and drainer over over, door to the rear and a door to the WC.

WC
With a low level wc, wash hand basin with a tiled splashback and an extractor fan.

8 STATION ROAD
Currently let to 'Art to Art' on a rolling lease that commenced 23/02/04 at an annual rent of £7,800 inclusive of VAT

Workshop/studio  (Dimensions : 31'10\" (9.70 M) x 13'9\" (4.19 M))
With a central glazed door with display windows eitherside, electric panel heaters, electrical points and a door to the Kitchen Area/Store.

Kitchen Area/Store  (Dimensions : 8'9\" (2.67 M) x 14' (4.27 M) max)
With a base cupboard unit with an inset stainless steel sink unit and drainer, door to the exterior storage area and a door to the WC.

Toilet
Comprising a low level wc, wash hand basin with a tiled splashback and an extractor fan.

Exterior Storage Area  (Dimensions : 17'4 (5.18 M) \" x 3'7\" (1.09 M))
With a secure wrought iron gate and electric light.

UNIT 1 BLACKHORSE LANE
Currently let to F Chapman Accountants on a rolling lease at £4,800 per annum inclusive of VAT. The tenant has requested a new lease to be prepared which is with the vendors solicitor for preparation.

Office Area  (Dimensions : 25'2\" (7.67 M) x 11'5\" (3.48 M) extending to 13' (3.96 M))
With a modern upvc double glazed door and display windows eitherside, electrical points, fluorescent lighting, electric panel heaters and a door to the Kitchen.

Kitchen/Store  (Dimensions : 14'4 (4.27 M) x 6' (1.83 M) max)
Fitted with a double base cupboard unit, rolled edged working surface and an inset stainless steel sink unit and drainer. Electrical points, fire escape door to the side passage and a door to the Cloakroom/WC.

Cloakroom/WC
Comprising a low level wc, wash hand basin with a tiled splashback and an extractor fan.

UNIT 2 BLACKHORSE LANE
Let to Camouflage Southwest Army Surplus Shop on a nine year lease at £5,400 per annum inclusive of VAT from 01/07/14 with breaks at three and six years.

Shop  (Dimensions : 26'1\" (7.95 M) x 14'8\" (4.47 M))
Offering a modern upvc double glazed door and display windows to the front, electric panel heaters, electrical point fluorescent strip lighting, emergency door to the side passage and a door to the Kitchenette.

Kitchenette  (Dimensions : 6' (1.83 M) x 4'6\" (1.37 M))
Comprising a base cupboard and drawer units with an inset stainless steel sin unit and drainer with a tiled splashback. Door to the Store Room.

Store Room  (Dimensions : 6'9\" (2.06 M) x 5' (1.52 M))
Having electric light and power and a door to the WC.

WC.
With a low level wc, wash hand basin with a tiled splashback and an extractor fan.



First Floor

Known as the 'The Old Flour Loft' which is accessed from Blackhorse Lane through a security gate controlled by a door entry system.

Communal Patio Area
Laid to a paved patio area extending to the door of each flat which boasts an exterior light.

FLAT 1, THE OLD FLOUR LOFT
Let on a periodic tenancy at a rent of £5,940 per annum. EPC 65.
Comprising an entrance hall/dining area, inner hall with cloakroom/wc off, fitted kitchen, living room, two bedrooms and a bathroom.

FLAT 2 THE OLD FLOUR LOFT
Let on a periodic tenancy at a rent of £6,600 per annum. EPC 58.
Comprising an entrance hall, living room, kitchen, two bedrooms and a bathroom.

FLAT 3, THE OLD FLOUR LOFT
Currently let on a periodic tenancy at £6,600. EPC 56.
Comprising an entrance hall with cloakroom/wc, kitchen/breakfast room, living room, three bedrooms and a bathroom.

FLAT 4, THE OLD FLOUR LOFT.
Currently let on a periodic tenancy at a rent of £4,740p.a. EPC 28.
Comprising an entrance hall, living/dining room, kitchen, bedroom and a bathroom.

FLAT 5, THE OLD FLOUR LOFT
Let on a periodic tenancy at £4,740p.a. EPC 50.
Comprising an entrance hall, living room, kitchen and a bedroom with an ensuite bathroom.

Property Features :

• REDUCED BY �50,000 FOR A SWIFT SALE
• A prominent development of five retail units and five self contained flats
• 3 lock-up shops on Station Road * 2 lock-up shops on Blackhorse Lane
• 2 one bedroom flats * 2 two bedroom maisonettes * 1 three bedroom maisonette
• Excellent rental yield * well recommended by the sole agents