Specifications
Summary
Description
A fantastic opportunity to purchase a large and prominent freehold building in the heart of Taunton. The building is likely to suit owner occupiers and investors alike, with the upper parts providing residential development potential STP.
Location
The property occupies a prime and prominent position on Fore Street, surrounded by a variety of local occupiers and nationals such as Shoe Zone and TK Maxx.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net internal basis.
The internal accommodation provides the following approximate dimensions and floor areas:
Gross Frontage: 33' 1" (10.1 m)
Return Frontage: 48' 6" (14.8 m)
Internal Width: 29' 4" (8.9 m)
Shop Depth: 57' 7" (17.4 m)
Ground Floor Sales: 1,572 sq ft (146 sq m)
First Floor
First Floor Anc.: 1,060 sq ft (98 sq m)
Second Floor Anc.: 817 sq ft (76 sq m)
The first floor accommodation has separate access, which may lend the building to a conversion of the upper parts or part letting, thereby increasing its appeal.
The substantial building offers the opportunity for an occupier to tailor the accommodation to their individual needs.
Business Rates
From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £63,000, therefore making the approximate Rates Payable £34,398 per annum for 2024/25.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC / MEES
D (77)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
VAT is payable on the purchase price.