50 St. Mary Street TA6

730 sq ft (67.8 sq m)

Retail/Residential Investment For Sale

Includes: Flat - Self contained, accessed off St Mary Street arranged on two levels as 2 beds, kitchen/lounge and bathroom.

£297,500
This reflects 7.23% after purchasers costs at 3.27% or 7.83% after purchasers costs at 2.20% on the retail element if the residential was sold for £110,000.

Key Features

• Shop- rated C (73) Flat-rated D (58) Certificates are available on request.

Location

Bridgwater has a population of 35,886* and benefits from the ongoing work at Hinckley Point some 10 miles away.
The property fronts St Mary Street, just off prime Cornhill where occupiers include New Look, Costa Coffee and WH Smith. St Mary Street is a mix of specialist and convenience occupiers as well as The Carnival, a JD Wetherspoons pub.
Loading areas are directly opposite the shop and limited on street car parking is close by..

Terms & Conditions

Shop
Held on an existing 10 year full repairing and insuring lease from 2 October 2020 with a review in October 2023, 2026 and 2029 at a rent of £15,000 per annum exclusive.
The lease is subject to a Schedule of Condition.

Flat
Understood the existing Assured Shorthold Tenancy for 6 months will be granted from March 2022 at £600 pcm.