Commercial Investment Somerset BA3 £925,000

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Auction date: Wed, 13/07/2022 - 11:00

 The property comprises a retail arcade arranged over ground and first floors. The communal area of the arcade comprises a pedestrian thoroughfare running from the High Street frontage, to the rear of the property. There is an escalator to the rear of the property as well as a stairway providing access to the rear frontage at first floor level which fronts the principal car park in the village. There is a further stairway accessible from the High Street frontage of the property. The retail units line the causeway through the arcade, with several units having additional frontages to either the High Street or the rear. The majority of tenants are small, boutique, businesses and the units reflect this use.Producing an annual rent of £98,973 equating to a low £12 per sq ft

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