Guide price
£650,000
(£155.09/sq. ft)
Property for sale1-2 Friarn Lawn, Bridgwater, Somerset TA6
4,191 sq. ft
Just added
About this property
Mixed use office and residential investment
Attractive Grade II Listed buildings
Centrally located within an easy reach of the town centre
Well known mixed use area
Guide price £650,000 which reflects a niy of £8.39% after purchasers costs of 5.18%
Fully let - income £57,380 pa
No 1 Friarn Lawn comprises of commercial office suite on the Ground and Lower ground floors with a self contained maisonette above (1st & 2nd floors). No 2 Friarn Lawn comprises of 4 residential flats.
There is dedicated monitored parking at the front of the building.
Location
Part of a small stand alone period terrace of Grade II listed buildings, Friarn Lawn fronts the main A39 Dual Carriage Way. Centrally located and easily accessible, the buildings also benefit from a dedicated private parking area. The terrace is within easy walking distance to both the main High Street and The Broadway where Morrisons and B&M outlets are located.
Accommodation
All measurements are approximate and are from management records.
Rent / Price
We are instructed to seek offers at a guide price of £650,000 which reflects a niy of 8.39% after an allowance for purchaser's costs of 5.18%.
Business Rates
See tenancy schedule
Interested parties are advised to confirm the rating liability with Sedgemoor Council
Services
We understand that mains electricity, gas, 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
See tenancy schedule
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
The property has been elected for VAT but this will only apply to the commercial element. Interested parties to make their own enquires regarding options relating to togc.
There is dedicated monitored parking at the front of the building.
Location
Part of a small stand alone period terrace of Grade II listed buildings, Friarn Lawn fronts the main A39 Dual Carriage Way. Centrally located and easily accessible, the buildings also benefit from a dedicated private parking area. The terrace is within easy walking distance to both the main High Street and The Broadway where Morrisons and B&M outlets are located.
Accommodation
All measurements are approximate and are from management records.
Rent / Price
We are instructed to seek offers at a guide price of £650,000 which reflects a niy of 8.39% after an allowance for purchaser's costs of 5.18%.
Business Rates
See tenancy schedule
Interested parties are advised to confirm the rating liability with Sedgemoor Council
Services
We understand that mains electricity, gas, 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
See tenancy schedule
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
The property has been elected for VAT but this will only apply to the commercial element. Interested parties to make their own enquires regarding options relating to togc.
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