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60 High St 1,011 sq ft 100% Let Retail Property Bridgwater TA6 3BN £150,000 (£148.37/sq ft) 4.64% Net Initial Yield
Investment Highlights
- Grade II listed town-centre property
- Potential for rental growth through letting of vacant shop
- Freehold mixed-use investment opportunity
Executive Summary
60 High Street is a Grade II listed mixed-use investment located in a prominent town-centre position in Bridgwater. The property comprises a vacant ground-floor retail unit and a self-contained residential flat on the upper floors that is currently let and generating an income of £6,960 per annum. The vacant commercial accommodation provides owner-occupiers or investors with an opportunity to secure immediate occupation or increase income through reletting. The property also benefits from a rear driveway with parking, enhancing its attractiveness within the town centre.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,011 sq ft
Costar Property Class
C
Year Built
1910
Price
£150,000
Price per sq ft
£148.37
Yield
4.64%
NOI
£6,960
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
1 1
Nearby Major Retailers
1 of 5
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60 High St
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