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6-8 Monmouth St 1,244 sq ft 100% Let Retail Property Bridgwater TA6 5EQ £200,000 (£160.77/sq ft)



INVESTMENT HIGHLIGHTS
- Excellent connectivity
- Close proximity to local amenities
- Prominent town centre location
EXECUTIVE SUMMARY
Between £200,000-£225,000 for the freehold title. Offered for sale by way of a Binding Tender, sealed bids to be received no later than 12 noon on Friday
Development opportunity comprising an existing commercial premises known as ‘Unit 4’, formerly operating as a Portuguese Cafe´, now with the benefit of planning permission secured for conversion to a 3 No. bedroom residential dwelling. Next to this building is a corner plot, currently used as a car park but known as ‘Units 5 - 7’ also included as part of the sale, with planning permission granted for the construction of three terraced residential dwellings. This opportunity offers a mix of conversion and new build development, providing flexibility either to retain as an attractive long term investment or to complete and resale.
Development opportunity comprising an existing commercial premises known as ‘Unit 4’, formerly operating as a Portuguese Cafe´, now with the benefit of planning permission secured for conversion to a 3 No. bedroom residential dwelling. Next to this building is a corner plot, currently used as a car park but known as ‘Units 5 - 7’ also included as part of the sale, with planning permission granted for the construction of three terraced residential dwellings. This opportunity offers a mix of conversion and new build development, providing flexibility either to retain as an attractive long term investment or to complete and resale.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
1,244 sq ft
Costar Property Class
B
Year Built
1850
Price
£200,000
Price per sq ft
£160.77
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.48
Total Plot Size
0.06 ac
AMENITIES
- Bus Route
- Security System
- EPC - E
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6-8 Monmouth St
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