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10A Church St 1,484 sq ft Retail Property Bridgwater TA6 5AS £295,000 (£198.79/sq ft) 7.50% Net Initial Yield
Executive Summary
Prime freehold investment opportunity comprising a fully let MOT garage and vehicle workshop located on Church Street, Bridgwater. The property benefits from a long-established local tenant operating a car servicing and MOT business. The asset provides a stable income stream with low management intensity and strong underlying occupational demand from the automotive and trade sector. The property is suitable for investors seeking secure income, owner-occupiers, or future redevelopment subject to planning.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Car Dealership
Property Size
1,484 sq ft
Costar Property Class
B
Year Built
1980
Price
£295,000
Price per sq ft
£198.79
Yield
7.50%
NOI
£22,125
Tenancy
Single
Number of Floors
1
Plot ratio
0.21
Total Plot Size
0.16 ac
Parking
2 Spaces (1.35 Spaces per 1,000 sq ft Leased)
Frontage
21 ft on Church Street
1 1
Nearby Major Retailers
1 of 12
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10A Church St
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