Retail Investment/Residential Development For Sale
Summary
- Prime location in Taunton town centre
- 2 retail units let - £39,500pa
- Vacant self contained upper parts
- Planning Ref - 38/25/0064/CMA
- EPC - C
- In all some 4,115 sq ft
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground - Shop 3 | 382 | 35.49 | Let |
| Ground - Shop 5 | 1,133 | 105.26 | Let |
| Total | 1,515 | 140.75 |
Location
Taunton, the county town of Somerset, is a regional retail centre some 45 miles south-west of Bristol and 30 miles north-east of Exeter. The town is served by J25 M5. There is a high speed rail link providing regular rail services to Exeter, Bristol and London.
The property is situated in the heart of the town centre. Corporation Street is a main arterial road and the property located at its junction with the pedestrianised High Street and prime Fore Street. Occupiers close by include the Cosy Club, Caffe Nero, Boston Tea Party and Nat West.
Corporation Street is situated in the centre of Taunton. The property is close to Fore Street and The Parade.
Get directions from Google Maps
Mainline Stations
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Taunton12 mins
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Bridgwater179 mins
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Tiverton Parkway251 mins
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Highbridge and Burnham293 mins
Underground Station
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Reading1877 mins
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Twyford1970 mins
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Maidenhead2099 mins
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Taplow2134 mins
Further Information
Price £650,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as C
Description
The property comprises a mix of self contained upper floor office space and two adjacent ground floor retail units. The upper floor access being between the two. Believed to have been constructed in circa 1955 the property is 3 storey and irregular in layout and shape but benefitting from an extensive frontage. At second floor level there is a full length balcony. Floor plans are available. The upper parts have permitted development in respect of 4 dwellings. The two shops are let. One to a jeweller and the other a hair salon. The upper parts are vacant and previously occupied by Hays Recruitment.
Planning
Prior Approval was granted in February 2025 in respect of a Change of Use and Conversion from commercial, business and service use (Class E) into 4 dwellings (Class C3)
Tenure
The property is to be sold freehold subject to the 2 shop leases. The larger retail unit at No 5 is let to Vital Hair Ltd while Unit 3 is let to Aura Jewels Ltd (Guaranteed). Passing rent of £39,500 pa. Further details on application.
For Sale at a Guide Price of £650,000 subject to contract
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