Prominent Freehold Retail and Commercial Opportunity
Two buildings comprising approximately 4,500 sq ft arranged over five floors
Former bank arranged on the ground floor and basement with separately accessed first, mezzanine, second & third floor commercial accommodation
Change of use potential
Prominent corner town centre location
Of interest to investors, developers and owner occupiers
Lot 28
Auction 3rd November 2022
Rent Vacant
Status Sold Prior
Price
Sector Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
25 miles east of Taunton, 42 miles south of Bristol
Roads
A30, A303, M5 (Junction 25)
Rail
Yeovil Junction (Direct to London Waterloo)
Air
Bristol Airport
Situation
The property is prominently situated at the junction of High Street & Princes Street, in the heart of the town centre, 500 yards west of The Quedam Shopping Centre. Nearby occupiers include Marks & Spencer, Card Factory and WH Smith.
Tenure
Freehold.
Location
Miles
25 miles east of Taunton, 42 miles south of Bristol
Roads
A30, A303, M5 (Junction 25)
Rail
Yeovil Junction (Direct to London Waterloo)
Air
Bristol Airport
Situation
The property is prominently situated at the junction of High Street & Princes Street, in the heart of the town centre, 500 yards west of The Quedam Shopping Centre. Nearby occupiers include Marks & Spencer, Card Factory and WH Smith.
Tenure
Freehold.
Description
The property comprises two buildings providing a former banking hall on the ground floor and basement, accessed from an entrance at the junction of High Street and Princes Street, as well as separately accessed commercial accommodation on the first, mezzanine, second & third floors accessed from a separate entrance on Princes Street.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Ground Floor/Basement - Band D,
Upper Floors - Band E
Description
The property comprises two buildings providing a former banking hall on the ground floor and basement, accessed from an entrance at the junction of High Street and Princes Street, as well as separately accessed commercial accommodation on the first, mezzanine, second & third floors accessed from a separate entrance on Princes Street.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Ground Floor/Basement - Band D,
Upper Floors - Band E
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Ground Basement First Mezzanine Second Third
Former Banking Hall/Ancillary Ancillary Office/Commercial Office/Commercial Office/Commercial Office/Commercial
157.93 54.65 91.50 10.22 76.18 27.82
(1,700) (585) (985) (110) (820) (300)
VACANT
Total
418.30
(4,500)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
