Shopfront Properties for sale in the Wedmore, UK

Commercial Property in Wedmore available for sale

Shopfront Properties for Sale Within 5 miles of the Wedmore, UK

68-68a High St

Glastonbury, BA6 9DZ

Retail for Sale
£225,000
932 sq ft

Glastonbury Retail for Sale

Investment For Sale - £225,000. A multi-let investment opportunity producing an annual income of £15,000. Freehold available, subject to and with the benefit of two occupational leases as detailed below: Tenancy Information No. 68A is let to a private individual on full repairing and insuring equivalent terms, paying a rent of £7,500 per annum, exclusive. No. 68 is let to two private individuals by way of lease dated 25 February 2021. 9-year full repairing and insuring equivalent lease from February 2021, commencing rent of £7,500 per annum, excl. A1 user clause. Reviews in September 2021, 2024 and 2027. Inside the Act. Tenant has been in occupation for approx. 30 years. Leases available at the discretion of the vendor and following a viewing. A pair of self-contained L-shaped retail units with regular shaped sales areas to front and ancillary space to rear. No. 68A (Left-hand Unit) has been refurbished in recent years and presents well as a barber shop with kitchen and WC area to rear, patio doors leading out to a small external seating area. No. 68 (Right-hand Unit) is run as an independent pet supplies with a small step up into the sales area, a further step up mid-way through the sale area and storage area to rear. The rear courtyard is used to house a timber garden shed providing further storage.

Contact:

Cooper and Tanner

Property Subtype:

Shopfront

Date on Market:

07/10/2025

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76 High St

Wells, BA5 2AJ

Retail for Sale
£275,000
1,585 sq ft

Energy Performance: B

Wells Retail for Sale

Terms have been agreed with The Dogs Trust to lease the premises on a 10 year lease with a break on the 5th anniversary at a rent of £24,000 per annum on an internally repairing and insuring lease plus capped service charge rising with RPI. on the ground floor and subject to the two residential long leases at a Freehold Guide Price of £275,000 reflecting a gross yield of 8.73% The commercial element provides good display frontage onto the High Street and an open plan sales area to the front with LED strip lighting and wooden effect flooring. Towards the rear is a further sales area with feature fire place, office, WC and a store room with an emergency escape route to the rear.