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New Development 105 Taunton Rd 5,630 sq ft 100% Let Retail Property Bridgwater TA6 6BD £1,125,000 (£199.82/sq ft) 7.67% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Convenience food investment opportunity
- Fronting the A38
- Fully let to secure tenants
EXECUTIVE SUMMARY
Paragon House was completed in 2018 and provides two ground floor retail units with 14 flats above. To the front of the property is a shared car park. Both retail units benefit from rear servicing and access. The residential upper floors have been sold off on long leaseholds. Please see the attached schedule of accommodation.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
5,630 sq ft
Costar Property Class
B
Year Built
2017
Price
£1,125,000
Price per sq ft
£199.82
Yield
7.67%
NOI
£86,300
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
1 1
NEARBY MAJOR RETAILERS
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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New Development | 105 Taunton Rd
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