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Guide price

£275,000

(£166.36/sq. ft)

Property for sale
High Street, Wells, Somerset BA5

    • 1,653 sq. ft

Available immediately
Freehold
Added on 13/01/2025

About this property

  • Centrally located Grade II Listed building with superb display windows.

  • Property is to be let to The Dogs Trust on a 10 year lease at a rent of £24,000 per annum reflecting a gross yield of 8.73%.

  • Ground Floor Totalling 1,653 sq ft.

A mid-terraced Grade II Listed building located in Wells' city centre. The property consists of a ground floor commercial unit with two separately accessed residential flats. The flats have been sold off on a long leasehold basis from 1989 for 125 years.

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.

Centrally located Grade II Listed building with superb display windows.

Property is to be let to The Dogs Trust on a 10 year lease at a rent of £24,000 per annum reflecting a gross yield of 8.73%.

Ground Floor Totalling 1,653 sq ft.

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Monthly repayment

£1,375 per month

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