26-27 Fore St 18,255 SF 100% Leased Retail Building Taunton TA1 1JQ £2,100,000 (£115.04/SF)



INVESTMENT HIGHLIGHTS
- Prominent prime position
- High yielding retail investment opportunity
- Close to local amenitites
EXECUTIVE SUMMARY
Prime retail unit fully let to 26 Fore Street is let to Vodafone Limited on a new term commencing 27 March 2024, until 23 March 2029 with a current rent of £42,700 pa. There is a tenants break clause on 23 March 2027. Prior to this lease Vodafone had a 15 year lease from 2009.
26a Fore Street is let to Telefonica UK Limited (operating under the brand name O2) on a term commencing 25 June 2020, expiring 24 June 2026 with a current rent of £40,000 pa. No break clauses.
27 Fore Street is let to National Westminster Bank PLC (operating under the brand name Natwest) on a 10 year term from 19 April 2016 with a current rent of £155,000 pa subject to review every 5 year
26a Fore Street is let to Telefonica UK Limited (operating under the brand name O2) on a term commencing 25 June 2020, expiring 24 June 2026 with a current rent of £40,000 pa. No break clauses.
27 Fore Street is let to National Westminster Bank PLC (operating under the brand name Natwest) on a 10 year term from 19 April 2016 with a current rent of £155,000 pa subject to review every 5 year
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Retail
Building Size
18,255 SF
Building Class
B
Year Built
1975
Price
£2,100,000
Price Per SF
£115.04
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
0.57
Lot Size
0.73 AC
Frontage
56 ft on Fore Street
AMENITIES
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS









