For Sale – Re-Development Opportunity – 21 – 23 St John Street, Bridgwater TA6 5HR

//For Sale – Re-Development Opportunity – 21 – 23 St John Street, Bridgwater TA6 5HR

For Sale – Re-Development Opportunity – 21 – 23 St John Street, Bridgwater TA6 5HR

Re-Development Opportunity in Bridgwater

  • Tenure: Freehold
  • Area: Retail Area – 232.9sq. m (2,506 sq. ft)* – plus 2 No. First Floor Flats
  • Price: Offers in the region of £225,000
Map Location
Particulars

Description:

This mixed-use property has previously traded as Kenons Plumbing Merchants for over 42 years.

The retail shop and showroom is split over the ground and part of first floor (to the rear), with the first floor area used as storage.

There are also 2 No. residential flats located to the front of the property at first floor level with separate access from ground floor.

The property is located in a good secondary location at the top end of Eastover, with mixed use development in the locality including convenience stores, pet food outlet, pedal cycle specialist retailer, undertakers, E class uses, offices and individual traders.

The property offers development potential and informal enquiries of the planning office, has indicated that with retention of the retail frontage a further scheme to develop the rear of the property to form three additional units of residential flats or house designs could be accommodated subject to detailed design – see the pre-application response letter on the last page.

The town centre and railway station are within walking distance.

Accommodation:

The property comprises;
A retail shop and showroom to the ground floor and part first floor and would suit redevelopment of a smaller retail shop and residential accommodation to the rear or a conversion of the whole retail area to residential, all subject to planning however pre-application discussions have taken place with the Local Authority who have suggested approval would be given, subject to design and detail.

The shop is 232.9sq. m (2,506 sq. ft)*

2 No. one bedroom flats at first floor level are occupied on Assured Shorthold Tenancies, which have become rolling.

Flat 21A – occupied since 2002 at £325 per calendar month.
Flat 23A – occupied since 2019 at £375 per calendar month.

The property would be sold with the Tenants in situ and it is the Vendors wish that they remain Tenants once sold.

Externally, the building has been brick built, part rendered beneath a pitched tiled roof with a mixture of single and double glazed windows and doors.

*Measurements taken from the VOA

Services:

Mains electricity, gas, water and drainage are connected to the property. Telephone lines available for connection subject to BT Regulations.

(We confirm that we have not tested any of the service installations and any purchaser must satisfy themselves independently as to the state and condition of such items.)

Tenure & Terms:

The property is offered For Sale by way of Freehold with vacant possession of the Retail part on completion of the sale but with the 2 No. residential first floor flats being occupied on Assured Shorthold Tenancy agreements, with the occupiers to remain in situ.

2020-10-28T07:25:33+00:00 October 28th, 2020|Commercial|

Enquiry About Property

Contact Details

Address

Lyndon Brett Partnership

County Court Chambers
Queen Street
Bridgwater
Somerset
TA6 3DA

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