Co-op Food & 3 Flats, Wellington

 

4/6 Fore Street, Somerset, TA21 8AQ

Offers in excess of
N/A
Sold
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £88,400
  • Lease Term: Let until Sep 2031
  • VAT applicable?: Y
  • Town centre location

Property Description

  • Freehold blue chip convenience store & residential ground rent* investment
  • Arranged on ground and two upper floors to provide a large triple fronted supermarket on the ground floor, with ancillary accommodation on part first floor.
  • The remaining first floor and the second floor above the supermarket comprise three self-contained maisonettes accessed via the rear

Location Description

  • Wellington is a market town with a population approaching 10,000
  • The property is situated on the south side of Fore Street close to its junction with South Street in the centre of the town
  • Occupiers close by include HSBC, Coral, Superdrug, WH SMITH’s , GREGGS, NAT WEST, Boots amongst many other retailers.
  • There is a public car parking directly behind the supermarket for 80 cars.
  • Co-op Food is one of the three main supermarkets serving the town’s population (the others being Waitrose and Sainsburys) and it is a very busy trading store.

Additional Notes

  • The maisonettes are vacant and included in the sale

Tenancy & Accommodation Schedule

Tenancy & Accommodation Schedule

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