16-17 Hammet Street Taunton Somerset TA1 1RZ

16-17 Hammet Street
Taunton
Somerset
TA1 1RZ

Freehold Retail and Office Investment

Entirely let to CHARIS until June 2027
Fixed rental increase in June 2025
Comprises ground floor shop with separately accessed office on the upper floors
Prime position in town centre
Affluent Somerset Town
Nearby occupiers include Lloyds Bank, River Island, L'Occitane, Vodafone, TK Maxx and Shoezone

Lot
2
Auction
13th February 2025
Rent
£22,000 per Annum Exclusive
Rising to £23,000 in June 2025
Status
Available
Guide*
£190,000
Auction Venue
Live Streamed Auction
On Behalf of SIPP Trustees

Interested?

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Freehold Retail and Office Investment

Entirely let to CHARIS until June 2027
Fixed rental increase in June 2025
Comprises ground floor shop with separately accessed office on the upper floors
Prime position in town centre
Affluent Somerset Town
Nearby occupiers include Lloyds Bank, River Island, L'Occitane, Vodafone, TK Maxx and Shoezone

Lot 2
Auction 13th February 2025
Rent £22,000 per Annum Exclusive Rising to £23,000 in June 2025
Status Available
Guide* £190,000
Sector
High Street Retail, Office
Auction Venue
Live Streamed Auction
On Behalf of SIPP Trustees

Property Information

Location

Miles: 26 miles north-east of Exeter, 24 miles south of Weston-Super-Mare
Roads: A38, A3027, M5 (Junction 25)
Rail: Taunton Railway Station
Air: Exeter Airport

Situation

Taunton is a popular county town in Somerset. The property is prominently situated in the heart of Taunton town centre on the southern side of Hammet Street, adjacent to the Parade monument. Nearby occupiers include Lloyds Bank, River Island, L'Occitane, TK Maxx, Vodafone and Shoezone.

Tenure

Freehold.

Location

Miles: 26 miles north-east of Exeter, 24 miles south of Weston-Super-Mare
Roads: A38, A3027, M5 (Junction 25)
Rail: Taunton Railway Station
Air: Exeter Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop with separately accessed office accommodation on the upper two floors.

VAT

VAT is applicable to this lot.
It is anticipated the sale will be treated as a transfer of a going concern. Please see the Special Conditions of Sale

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor shop with separately accessed office accommodation on the upper two floors.

VAT

VAT is applicable to this lot.
It is anticipated the sale will be treated as a transfer of a going concern. Please see the Special Conditions of Sale

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review
Ground First Second	Retail Office Office	85.30 59.50 52.80	(918) (641) (568)	CHARIS (1)	5 years from 08/06/2022	£22,000 Rising to £23,000 on 08/06/2025	8/06/2025 (2)
Total		197.60	(2,127)			£22,000

(1) CHARIS (Christian Help & Action For Refugees in Somerset) CN 1169400 settles refugee families in the Southwest of England through the UK Home Office Community Resettlement programme (www.chrisrefugees.org).
(2) The lease provides for a fixed rental increase to £23,000 on 08/06/2025. The tenant will have the right to determine the lease at any time after the expiry of the third year subject to giving not less than six months prior written notice and full compliance of the lease terms.

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.