Investment Property Opportunity For Sale

Attractive FREEHOLD
INVESTMENT PROPERTY OPPORTUNITY, occupying edge of YEOVIL town centre trading
position, surrounded by other businesses to include catering establishments
creating a coffee culture feel, close main shopping area with national
retailers, and the famous St John the Baptist church. Fronting pedestrian
thoroughfare linking the town centre with the hospital, ensuring the area
remains a popular place to trade and live. benefiting from free restricted stay
on street car parking adjacent and shopper’s car parks close by, and other
residential areas only a short walk away.
Comprising an
eye-catching terraced property, particularly well maintained and presented to a
high standard, with no major expenditure considered necessary. Offering ground
floor commercial premises currently trading as an aesthetics and beauty clinic
offering several treatment rooms, together with kitchen, cloakroom facilities,
and enclosed rear yard. Were previously 2 properties/shops and could again be
split at a future date. A lovely light and airy self-contained flat can be
found at first floor level comprising kitchen/breakfast room, sitting room, 2
double bedrooms and bathroom.
Property under current
ownership nearly 20 years, very well managed with all legislation met and
certificates held. Commercial premises let on 7 year Lease which commenced in
2023, the existing tenant having renewed their lease, current rental £12,000 per
annum, tenants benefiting from 100% business rate relief. Flat always let
separately on an Assured Short Tenancy Agreement, with a rental income of £825
per month currently achieved equating to £9,900 per annum. Total combined
rental income equates to £21,900 per annum representing a yield just short of
10%.
Freehold £230,000 Ref:
INV37063X