• Prime town centre mixed use commercial/residential property
• Grd floor footprint 2,650 sq ft prime commercial premises
• Plus three self-contained flats on first and second floor
• Available with vacant possession
• Currently produces rental return of £40,000 per annum
• Currently bar – could easily be coffee shop, restaurant or retail space
• Adjacent to town centre car park, overlooking regenerated town centre amphitheatre
• Close to Cineworld, Premier Inn and Pizza Hut
- Asking Price:
- £395,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Freehold
- Location:
-
Yeovil is a major regional centre, with a resident population of approximately 42,500 and a further catchment population of around 120,000 within a 20-mile radius.
Yeovil is historically known as a centre for the glove-making industry. It has developed into a centre of the aircraft and defence industries, with the most notable employer being Leonardo, the helicopter manufacturer.
The centre of Yeovil is subject to a £10 million regeneration investment program. The purpose of the investment is to further invigorate the town centre, and works are due to be completed in the summer of 2024.
Our subject property occupies a prime position at the heart of this investment.