Commercial Property in Wraxall available for sale
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Commercial Properties for Sale near the Wraxall, UK

Commercial Properties for Sale Within 5 miles of the Wraxall, UK

More details for Court Street, Bridgewater – Retail for Sale, Bridgwater

Court Street, Bridgewater

  • Retail for Sale
  • £375,000
  • 1,324 sq ft
  • 3 Retail Properties

Bridgwater Portfolio of properties for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises 5 x Retail Shops and 1 x 1-Bed Flat Total area size of 186.86 sq m (2,109 sq ft) Two of the retail tenants in occupation for 10+ years Asset management opportunity. Two of the shops under rented Situated in the heart of the town centre, with occupiers close by including Santander (adjacent), Boots, EE, Lloyds Bank and more. Property Description: The property is arranged on ground and one upper floor to provide five ground floor shop units with ancillary/storage accommodation on the first floor above No. 1,2 and 3 Court Street and a self-contained flat above No. 5B and 5C Court Street which is accessed from the front. Shop No.1: 35.50 sq m (482 sq ft) Ground floor shop with ancillary at first floor Shop No.2: 34.80 sq m (374 sq ft) Ground floor shop with ancillary at first floor Shop No.3: 30.10 sq m (323 sq ft) Ground floor shop with ancillary at first floor Shop No.5B: 19.16 sq m (206 sq ft) Ground floor shop Shop No.5C: 24.30 sq m (262 sq ft) Ground floor shop Flat No.5A: 43.00 sq m (462 sq ft) First floor 1-Bedroom flat Total Commercial Area: 143.86 sq m (1,647 sq ft) Total Residential Area: 43 sq m (462 sq ft) Tenancy: Shop No. 1 is at present let to an Individual for a term of 3 years from 7th October 2023 at a current rent of £7,200 p.a. and the lease contains full repairing and insuring covenants. Deposit held of £1,200. Shop No. 2 is at present let to an Individual for a term of 5 Years from 1st March 2024 at a current rent of £7,200 p.a. and the lease contains full repairing and insuring covenants. Deposit held of £1,000. Shop No. 3 is at present let to an Individual for a term of 5 Years from 1st August 2024 at a current rent of £5,000 p.a. and the lease contains full repairing and insuring covenants. Rent review every 3rd year open market upward only. Tenant option to determine in the 3rd year with min 3 months notice Deposit held of £800. Shop No. 5B is at present let to an Individual for a term of 3 years from 23rd October 2013 (holding over) at a current rent of £3,750 p.a. and the lease contains full repairing and insuring covenants. Shop No. 5C is at present let to an Individual t/a Sandwich Shop for a term of 5 years from 1st October 2007 (holding over) at a current rent of £4,750 per annum and the lease contains full repairing and insuring covenants. Flat No. 5A is at present let on AST to an Individual for a term of 24 months from 1st June 2023 at a current rent of £6,000 p.a. Deposit held of £350. Tenant in occupation since 2014. Location: The market town of Bridgwater, which has a population of 36,000, is the administrative centre of Sedgemoor district and is located 9 miles north-east of Taunton and 40 miles south of Bristol. The town benefits from its proximity to the M5 Motorway, which is located immediately to the east of the town (Junctions 23 and 24). The property is situated on the west side of Court Street, just off the pedestrianised Fore Street, in the heart of the town centre. Occupiers close by include Santander (adjacent), Boots, EE, O2, Lloyds Bank and more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

15/06/2023

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More details for 6-8 Monmouth St, Bridgwater - Retail for Sale

6-8 Monmouth St

Bridgwater, TA6 5EQ

  • Retail for Sale
  • £200,000
  • 1,244 sq ft
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FAQs about Commercial Properties For Sale in Wraxall

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How many Commercial Property listings are available for sale in Wraxall?
There are currently 0 Commercial Properties available for sale near Wraxall. These Wraxall Commercial Property listings have an average size of. The largest available listing in Wraxall is. The thriving commercial centre and excellent transport links in Wraxall make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Wraxall?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Wraxall currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Wraxall?
There is a diverse range of commercial properties available in Wraxall to suit various business needs. Wraxall offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Wraxall commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Wraxall, UK

Market Overview for Commercial Properties in Wraxall

Key information for Commercial Properties investors in Wraxall and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Chilthorne Domer £108 2,630 sq ft
Dunball £54 11,701 sq ft
Bridgwater £193 3,328 sq ft
Minehead £197 3,801 sq ft
Highbridge £55 15,079 sq ft

Rental Price Trends in Wraxall

The price per square foot range for Commercial Properties in Wraxall and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Chilthorne Domer £108 £108 £108
Dunball £54 £54 £54
Bridgwater £15 £193 £604
Minehead £77 £197 £479
Highbridge £54 £55 £56

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Wraxall area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Chilthorne Domer 2,630 sq ft 2,630 sq ft 2,630 sq ft
Dunball 11,701 sq ft 11,701 sq ft 11,701 sq ft
Bridgwater 804 sq ft 3,328 sq ft 8,279 sq ft
Minehead 343 sq ft 3,801 sq ft 17,380 sq ft
Highbridge 9,535 sq ft 15,079 sq ft 20,623 sq ft

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